Jamestown RI Real Estate Market Update | December 2012 Year End

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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 Update | December 2012 Year End

Jamestown RI Real Estate Market Update | December 2012 Year End.

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

  • Single family homes on the market: 58
  • Single-family properties closed in December 2012: 7
  • Average sales price: $ 1,402,928
  • Sales price to list price ratio: 94%
  • Average days on the market: 219
  • Sales currently pending: 3

Jamestown’s home absorption rate8 months of home inventory. Based on this most recent home sales data, the Jamestown real estate market is a buyers market.  However, many homes were removed from the market for the winter.  


  • Breakdown of the 7 Jamestown RI single family home sales is as follows for December: 5 homes sold under $300,000, 1 home sold over $400,000 and 1 home sold for over $1 million.  In December, the under $300,000 home generated the most buying interest.  

  • Home sales decreased by 40% over the prior month.
  • coastal Jamestown RI home property 

The 2012 Jamestown RI home sales market has had an increase in home sales this year with 15 more sales or up by 26% over 2011.

Annual home sale prices have decreased by 9% in 2012 over 2011.  Buyers continued to be buying ocean front and luxury RI real estate at lower sale prices.

Jamestown RI Real Estate Market Update | December 2012 Year End

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

Looking for a waterfront RI real estate agent that not only knows her RI coastal real estate market but knows how to expose your home to buyers online with success?  I would love the opportunity to help you in your search or sale.  Now is the time to gear up for the spring market and buyers are out in force now.  Call me!

If you would like to consider buying a coastal Jamestown RI 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 Update | December 2012 Year End.



View Jamestown RI 02835 in a larger map

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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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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Thanks for sharing the market report for Jamestown. Have a good day.

Jan 26, 2013 08:45 PM #1
Rainmaker
4,989,401
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny.... the high end markets are always the last to rally, but as the inventory slims the market will get better.

Jan 26, 2013 08:47 PM #2
Rainmaker
212,300
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

I would guess waterfront sells better without the snow?

Jan 26, 2013 08:55 PM #3
Rainmaker
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Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: It sure sounds like buyers with the money are waiting until sellers are in a must-sell position in the luxury Jamestown RI real estate market.  

Jan 26, 2013 09:00 PM #4
Rainmaker
4,077,525
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, hopefully some of the existing listings go under contract prior to the new listings coming on the market.    Jamestown is such a cute town!

Jan 26, 2013 10:16 PM #5
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Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Jamestown looks nice, and what a comprehensive report. I'm love the "round" or bowing rooms in photo of the home.

Jan 26, 2013 10:25 PM #6
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Ginny your Jamestown RI real estate knowledge beams in your report.  I agree with Barb.  The high end homes are the last to recover.  I'm seeing the same in our area.

Jan 27, 2013 03:17 AM #7
Rainmaker
732,603
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

That is a nice average sales price in Jamestown Rhode Island. Get it sold Ginny~

Jan 27, 2013 05:05 AM #8
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Ginny, thanks fear End market update. Glad to hear an improvement was seen coming off from 2011. Keep it up and continue to be the best North Kingstown short sale agent.

Jan 27, 2013 05:50 AM #9
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny Jamestown is one of my favorite towns in RI, and what I would consider a very desirable place to live. 

Jan 27, 2013 10:10 AM #10
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Ginny, interesting market report for Jamestown RI with a high average sales prices in Dec for just 7 sales.

Jan 27, 2013 11:23 AM #11
Rainer
355,740
Nina Rogoff
RE/MAX Executive Realty - Medfield, MA
Sells Real Estate!

I love that photo, Ginny! What buyers and sellers need to know is that they can count on Ginny Gorman's real estate advice and guidance to understand how to negotiate this market successfully in Jamestown RI.

Jan 27, 2013 01:11 PM #12
Rainmaker
1,792,071
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Thanks all...i love working in the coastal Jamestown RI real estate market and it is an outstanding area for relocation clients...

Jan 27, 2013 08:46 PM #13
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Homes for Sale in North Kingstown RI and beyond
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