Jamestown RI Real Estate Market Report | May 2013 Update

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/XsH
The following is the Jamestown RI real estate market report update for May 2013 so before you consider buying or selling find out how your town's home sales are performing.
 
Real estate market information for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate, as follows for May: 
 
  • Single family homes on the market: 80 
  • Single-family properties closed in May 2013: 9
  • Average sales and median price: $ 871,425
  • Sales price to list price ratio: 93%
  • Average days on the market: 145
  • Sales currently pending: 14

Jamestown’s home absorption rate continues to make it a buyers market...but we are seeing improvement.

coastal jamestown ri real estate home

  •  
  • Breakdown of the 9 Jamestown RI single family home sales is as follows for May: 2 homes sold for under $300,000, 1 home sold between $300,000- $400,000, 4 homes sold over $400,000 and 2 homes sold for over $1 million.  In May, the over $400,000 home generated the home buying interest here.  What is evident in this market is that the Jamestown RI real estate market has turned a corner in sales.  2 luxury Jamestown homes were sold this month.  In fact, 40% of the Jamestown real estate market is in the luxury realm right now which is typical for this Conanicut island community.
  •  
  • Home sales have increased to 9 homes sold for the month which is 350% over last year same time period.
  •   Buyers continue to buy waterfront and coastal Jamestown RI real estate at higher sale prices.

Jamestown RI Real Estate Market Report May 2013 Update

Beavertail Jamestown RI real estate views

The Jamestown RI community is a Newport County waterfront community that is known for 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.

Interested in Jamestown RI homes for sale?   I would love the opportunity to help you in your home search or home sale.  Now is the time to sprint to finding the right home as the summer market approaches.  Call me today for savvy real estate guidance that makes my sparkly red shoes work for you!  Find out why my maximum online exposure works for home sellers.
 

If you would like to consider buying a Jamestown RI coastal home, contact me, Ginny Lacey Gorman,  RI waterfront real estate agent,  today at 401.529.7849 or email me at RiByTheBay@gmail.com.  Jamestown RI Real Estate Market Report May 2013.

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Ginny Lacey Gorman is a waterfront Jamestown 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 or email me at Ginny@RiHouseHunt.com.
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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
4,997,540
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny.... you seem to be APPROACHING a level market.... I hope the jump in interest rates doesn't slow your progress...

Jun 20, 2013 08:47 PM #1
Rainmaker
3,816,406
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

All news in the real estate market in Jamestown RI is pointing in the right direction! Good for you..I love the photos in your report!

Jun 20, 2013 08:57 PM #2
Rainmaker
2,257,053
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

The number of days on the market is certainly improving. Hopefully that trend continues throughout the state.

Thank you again for the help yesterday.

Jun 20, 2013 10:04 PM #3
Rainmaker
650,335
Bobbie Smith
Stroudsburg, PA
570-242-1891

Ginny, This is good news! Love to see more and more market reports across the Country with positive and hopeful numbers. Hope this trend continues.

Jun 20, 2013 10:39 PM #4
Rainmaker
4,083,916
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 is such a wonderful quaint town in Rhode Island, and nice to see sales have increased so well.    You are the Realtor to call for any real estate needs.

Jun 20, 2013 10:47 PM #5
Rainmaker
2,304,160
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: The luxury market is usually the last to respond positively to market changes...good to see the Jamestown market is doing well.

Jun 21, 2013 05:08 AM #6
Ambassador
3,803,473
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny good to here that it appears that the Jamestown market has turned the corner.  Jamestown is the perfect place for anyone who loves the Ocean (and who could possibly not love the Ocean) to purchase a property.

Jun 21, 2013 10:37 AM #7
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
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