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Jamestown RI Mid Year Real Estate Market Update

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

Jamestown RI Mid Year Real Estate Market Update.

Jamestown RI home sales for the month of June 2012 , as well as year to date sales, are detailed in this update.  For the month of June 2012 Jamestown RI real estate sales had 7 homes sold, as follows:

4 homes sold over $400,000

2 homes sold between $300,000-$400,000

 1 home sold for less than $300,000

There were 83  Jamestown RI homes for sale in June which is 11% more homes on the real estate market from May.  Jamestown home sales have rebounded a bit finally this year with 7 homes sold in June which is a boost to Rhode Island real estate..

The coastal Jamestown RI real estate’s shore still remains one of the more desirable waterfront buys for home searches. However, the luxury Jamestown real estate market is stalled right now.

Beavertail Waterfront -Jamestown RI

View of Newport RI from Jamestown RI real estate

Jamestown Rhode Island Real Estate Mid Year  Market Update

A recap of Jamestown’s home sales in June 2012 area as follows:

So in June, the average sale price of a Jamestown home was $484,714,  sold at 94% of list price and was on the real estate market on average for 88 days.

Jamestown Rhode Island  Real Estate Mid Year Market Update

Year to date through June 2012, Jamestown RI home sales are down 7% over same 2011 period.  However, Jamestown home sale prices increased by 21% in 2012 over the same time period (Jan.- June 2011) last year.

My web site will give you more information on all the Jamestown RI homes for sale as well as home seller pointers and buyer tidbits to be in the know in this market. 

4 Pending homes sales for June 2012 which is one more than the prior month.

There are 26 luxury waterfront Jamestown RI homes for sale (> $ 1 million) which make up nearly a third of the Jamestown real estate market.  Jamestown RI continues to have an inventory of homes for sale along the oceanfront, water front and coastal Jamestown RI.  If you are ready to find the right Jamestown neighborhood and home for sale, contact a North Kingstown real estate agent.  I’d love the opportunity to help.  Phone me today at (401) 529-7849, or email me at RiByTheBay@gmail.com to schedule an appointment.  Discover Jamestown RI Real Estate – Year to Date Update.

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 Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and  businesses well.  Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are her specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    When you are in need of an internet savvy RI realtor® who sells homes in this real estate marketcall Ginny today at 401.529.7849

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice

 

Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.

 

Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!

            

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Comments(16)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Glad to read that the real estate market has improved in Rhode Island.

Jul 15, 2012 08:09 PM
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct
We have friends in Jamestown, a wonderful place to live and buy real estate.
Jul 15, 2012 08:30 PM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Gita, Jamestown real estate is showing better signs but not in the real luxury market. thanks

David, a wonderful destination to live, enjoy and play in!

Jul 15, 2012 08:43 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Ginny -

It's good to hear Jamestown RI is rebounding a bit.  Any positive real estate news is good news for all of us.  Slow and steady wins the race now to get those luxury homes on the upswing too!

Hope you have a good and productive week ahead.

John

Jul 15, 2012 08:53 PM
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Ginny - your report for Jamestown seems to be similar to the one for my area would be with the luxury market coming back slower than the lower to mid level properties.  '

Jul 15, 2012 09:17 PM
Janis Borgueta
Newburgh, NY
Retired RE Salesperson

Ginny.. glad to see your market report in Jamestown RI. It shows just what is happening for your buyers and sellers. Knowing what to expect with pricing and purchasing a home is very important. Ginny Gorman is the Realtor to guide clients in the right direction! 

Jul 15, 2012 09:18 PM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: More homes on the market and more sales....sounds like the Jamestown RI real estate market is slowly recovering.

Jul 15, 2012 09:34 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, Jamestown, RI is a great community and holds value well.   Great market report, and anyone thinking of buying or selling in Jamestown, RI, should call Ginny Gorman!

Jul 15, 2012 11:12 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Rebounds are always a good sign of future indicators. I hope the trend continues. I would like to see the homes on the market for less than 90 days. But that's all up to the buyers. And who knows what they are thinking at any time.

Have a great day in North Kingstown.

Best, Clint McKie

Jul 16, 2012 12:17 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Ginny, mixed results in the report, with low days on market but a slightly greater inventory

Jul 16, 2012 09:30 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

thanks all...now if i can find that right home here for my out of state buyers it will be a great month!

Jul 16, 2012 10:17 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing yet another good report. Keep up the good work as a top North Kingstown short sale agent!

Jul 16, 2012 12:10 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny its not good that sales are down, but 21% is a huge increase in sales prices.

Jul 16, 2012 12:18 PM
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, great beach sights, and facts of Jamestown RI. You must really be enjoying summer there!

Jul 16, 2012 12:44 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello Ginny,I'm glad that things are getting better.Thanks for another comprehensive Market Report on your area.Keep it up being an expert and trusted North Kingstown Short Sale Agent. 

Jul 17, 2012 06:31 AM
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Hello Ginny,I just love the picture,makes me want to go have a vacation again.Thanks for another great Market update on your area.Stay an amazing North Kingstown Short Sale Agent.

 

Jul 17, 2012 07:23 AM