Jamestown RI Real Estate Market Report Update | November 2012

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
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Jamestown RI Real Estate Market Report Update | November 2012

Jamestown RI Real Estate Market Report Update | November 2012.

Real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of waterfront RI real estate, as follows: Beavertail State Park - Jamestown RI real estate

  • Single family homes on the market: 65
  • Single-family properties closed in November 2012: 16
  • Average sales price: $ 699,659
  • Sales price to list price ratio: 89%
  • Average days on the market: 172
  • Sales currently pending: 3

Jamestown’s home absorption rate4.1 months of home inventory. Based on this most recent home sales data, the Jamestown real estate market is a sellers market.  However, many homes were taken off the market for the winter so I would say come spring Jamestown will be a more ‘balanced’ real estate market.


  • Breakdown of the 16 Jamestown RI home sales is as follows for the month: 2 homes sold under $300,000, 1 home sold between $300,000-$400,000 and 9 homes sold over $400,000 and  4 homes sold for over $1 million.  In November the over $400,000 home generated the most buying interest.  The luxury waterfront Jamestown real estate was hot this month.

  • Home sales more than doubled over the prior month of October for a market that had been slow all year.
Jamestown ri real estate

Jamestown RI home sale

 

The Jamestown RI home sales market has had an uptick in sales market this year with number of home sales up 18% over 2011 year to date.

Home prices have decreased year to date over 2011 in 2012 by 19%.  Buyers were out in purchase mode to buy ocean front and luxury RI real estate at lower sale prices.

Jamestown RI Real Estate Market Report Update | November 2012

The Jamestown RI community is a waterfront Newport County community that is known for its coast line,  Beavertail State Park, luxury real estate and low taxes.

Looking for a waterfront RI real estate agent that not only knows her coastal RI real estate market.  I would love the opportunity to help you in your search or sale.

If you would like to consider buying a coastal Jamestown RI home or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent,  today at 401.529.7849 or email me at RiByTheBay@gmail.com.

Jamestown RI Real Estate Market Report Update | November 2012.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Ginny Lacey Gorman is a waterfront Rhode Island Real Estate Agent who works and knows the Jamestown RI geographic area of homes for sale, schools, happenings and important tidbits of information well.


Coastal, water view, ocean front, luxury and waterfront Rhode Island real estate are my 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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

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Rainmaker
739,179
Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Like always great Info for all in your area, keep up the good work and good luck with your business in 2013,  E

Dec 25, 2012 08:47 PM #1
Rainmaker
2,302,722
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: This is a clear and concise market report of the Jamestown RI real estate scene.  You are clearly the Realtor to call in this area.

Dec 25, 2012 09:10 PM #2
Rainmaker
4,992,154
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny....the high end markets are the last to rally but it looks like you've started the process....this is a good time to buy a waterfront home in Jamestown RI....

Dec 25, 2012 09:19 PM #3
Rainmaker
1,945,352
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Homes off the market for the winter. Ouch. Marketing should not stop! Real estate sales happen every day. Because people's lifes don't stop. Or take a break.

Dec 25, 2012 09:38 PM #4
Rainmaker
4,079,137
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, looks like days on market are a bit more in Jamestown, and such a cute town!    Great report for those looking to buy or sell in Jamestown!

Dec 25, 2012 10:59 PM #5
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Ginny you have provided good information on the real estate market in Jamestown RI and would be the Realtor I would count on.

Dec 25, 2012 11:08 PM #6
Ambassador
1,541,335
William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional
Good Morning Ginny I hope Christmas was wonderful. Your market report shows a strong indicator that 2013 is going to be a great year. Al the Best in the New Year.
Dec 25, 2012 11:55 PM #7
Rainmaker
1,002,983
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Ginny, looks like a case of ask for more and get less in Jamestown on average.  I've got to hand it to the Sellers for trying though!

Dec 26, 2012 12:40 AM #8
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny "Sellers Market" is a term that we have not heard said much in the last few years.  Now let's see if it continues.

Dec 26, 2012 08:39 AM #9
Rainmaker
2,256,140
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

There is a lot of room for improvement in that market, but not surprising in this higher end market. Thank you for sharing the info.

Dec 26, 2012 08:51 AM #10
Rainmaker
694,665
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Looks like the sellers are loosing out a bit with only 89%.

I hope you can turn this around and soon,

Have a really good New Year.

Best, Clint McKie

Dec 26, 2012 08:53 AM #11
Rainmaker
706,695
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

Great market update as always Ginny. Sad to hear that a lot of homes were taken off the market for winter. Well, I'm sure you'll bounce back being a top notch North Kingstown short sale agent. Best of luck!

Dec 27, 2012 03:28 AM #12
Rainer
71,755
Bas Panch
SCV Home Buyer - Valencia, CA

Awesome market report Ginny. Though homes were taken off the market, I'm sure everything will be alright come 2013. Best of luck and stay the best North Kingstown short sale agent.

Dec 27, 2012 04:12 AM #13
Rainmaker
288,308
Debbie Harr
Homes that Click Realtors - Columbus, OH
Realtor Homes That Click, Worthington Ohio Homes

Ginny, thanks for sharing Jamestown RI Real Estate Market Report for November. I'm sure 2013 will be an even greater year for Jamestown. Continue to be a top North Kingstown short sale agent.

Dec 27, 2012 04:35 AM #14
Rainer
25,706
Debra Parker
Debra Parker Real Estate, Inc. - Stuart, FL
Realtor - Stuart Florida Homes for Sale

Hi Ginny, thanks for sharing Jamestown RI Real Estate's November market report. I'm sure 2013 will be much more exciting for Jamestown RI Real Estate. Best of luck and stay the best North Kingstown short sale agent.

Dec 27, 2012 05:15 AM #15
Ambassador
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Awesome report Ginny. Thanks for giving us a picture of what's going on with Jamestown RI. Best of luck this 2013 and stay as number one North Kingstown short sale agent.

Jan 12, 2013 09:09 AM #16
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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