Jamestown RI Real Estate | March 2013

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

Jamestown RI Real Estate | March 2013

Before you make that leap into buying or selling in Jamestown, read about the current Jamestown RI Real Estate Market for  March 2013 and know this market.  
Real estate market information for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate, as follows for March: 
  • Single family homes on the market: 74
  • Single-family properties closed in March 2013: 3 (equal to last month)
  • Average sales and median price: $432,486
  • Sales price to list price ratio: 97%
  • Average days on the market: 258
  • Sales currently pending: 10

Jamestown’s home absorption rate continues to be a strong buyers market.

coastal jamestown ri real estate home

  • Breakdown of the 3 Jamestown RI single family home sales is as follows for March: 1 home sold for under $300,000 and 2 homes sold for over $400,000.  In March, the over $400,000 home generated the home buying interest here.  However, with only 3 homes sold there is a lack of real data to project sales.  What is evident in this market is that the Jamestown RI real estate market has been slow.  No luxury Jamestown homes were sold this month.  In fact, 39% of the Jamestown real estate market is in the luxury realm right now.
  • Home sales decreased from 2 homes in January, 3 homes sold in February and 3 homes sold in March.  A difficult start to a new year in the Jamestown real estate market.

While annual home sale prices decreased by 9% in 2012, pending sales are on the upswing which is better for home sellers.  Buyers continue to buy waterfront and coastal Jamestown RI real estate at lower sale prices.

Jamestown RI Real Estate | March 2013

The Jamestown RI community is a waterfront Newport County community that is known for its Beavertail State Park, as well as RI waterfront real estate, an exciting coast line, easy access to Newport or North Kingstown and low real estate taxes.

Looking for a RI coastal real estate agent that not only knows her real estate market but knows how to expose your home to the most online buyers?  This is what I do everyday for my clients.  I would love the opportunity to help you in your home search or home sale.  Now is the time to sprint to the spring market.  Call me today!

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

Jamestown RI Real Estate | March 2013.

View Jamestown RI 02835 in a larger map


Ginny Lacey Gorman is a waterfront Jamestown Rhode Island Real Estate Agent who works and knows the Jamestown 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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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Anyone looking to buy or sell a home in your market area should call you for advice and to be their agent.

Apr 21, 2013 08:40 PM #1
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Wow, that is a nice house. Anyone looking to buy or sell their house in Jamestown RI should be giving Ginny a call.  She's the local expert.

Apr 21, 2013 08:46 PM #2
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

with 74 homes to choose from, that's a large number for the buyers to consider when wanting to move to Jamestown.

And 10 pending sales as well with the listing prices at 97%, the Jamestown market is looking very strong.

Now find some new listings and get them sold.

Have a great week ahead in North Kingstown.

Best, Clint McKie

Apr 21, 2013 09:10 PM #3
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: The Jamestown RI market may be a little slow at the moment but with 10 pendings the May market could be a good one.

Apr 21, 2013 09:21 PM #4
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny..... that's a very strong buyers' market.... you're approaching your prime buying season with waterfront properties and this buyers' market should kick in very soon with many sales....

Apr 21, 2013 09:29 PM #5
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Ginny - I'm sure with the warmer temperatures and the beauty and charm of Rhode Island it won't be long before the market picks up. I just hope buyers are smart and call you to represent them because no one knows RI like you do!

Apr 21, 2013 09:43 PM #6
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is a lot of days on the market, hopefully the spring market will start kick more activity. With three closed sale in March and 10 currently on deposit, all points to more sales going forward.

Make it a great week!

Apr 21, 2013 09:44 PM #7
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny Jamestown is a beautiful place to own a home, so I am optimistic that sales will start to pick up very soon.

Apr 21, 2013 09:56 PM #8
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

No sales currently pending. . . I certainly hope that any buyer in the area contacts you if they want to purchase a waterfront or Jamestown home. 

Apr 21, 2013 11:22 PM #9
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, great market report for Jamestown, and what a beautiful City!     Call Ginny Gorman for her expertise in this area!

Apr 22, 2013 10:38 PM #10
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Homes for Sale in North Kingstown RI and beyond
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