What is Happening with Jamestown RI Real Estate Market October 2013

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

What is Happening with the Jamestown RI Home Sales Market October 2013

This Jamestown RI home sales market is showing a steady housing market in October.  Yet an improved home sale market over 2012 continues in Jamestown this year with sales up 14% and home prices up 24%.  

Beavertail State Park view of Newport RI

Knowing the waterfront and Jamestown RI coastal real estate area is part of the home discovery process.  If you are buying or selling a home in waterfront Jamestown RI real estate, you want to understand the local real estate information Why you ask?  Because knowing how home sales are happening gives you knowledge for any home decision you may make.

Here is the current real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate October 2013 is as follows:

  • Properties active and on the market to buy: 72                  
  • Single-family homes closed: 7 
  • Average sales price: $ 1,128,607
  • Sales price to list price ratio: 95%
  • Average days on the market: 272 
  • Home Sales pending: 5

Knowing what is happening in the Jamestown RI real estate market this year is importatnt if you are considering listing your home for sale or in the home market to buy.

  • Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market.  

  • Jamestown’s home inventory decreased by 3% over the prior month, days on market increased by 227% and list price to sold price increased to 95% from prior month.  The average Jamestown home sale price has increased by 23% so far year to date in 2013 over 2012.  The increased volume in the over million dollar home sale market here increased the average sales price.  
  • Breakdown of the 7 Jamestown RI homes sold is as follows:   2 homes sold between $300,000-$400,000, 3 homes sold over $400,000 and 2 homes sold over $1 million.                                 Jamestown RI Real Estate Market September 2013

Jamestown RI has the views, restaurants and restaurants to appreciate

Jamestown is a waterfront Newport County community that enjoys secluded real estate on a Rhode Island island hideaway that is unique to the state.  The town is known for its stunning coast line,  its true island feel, one of a kind Beavertail State Park and coastal luxury living.  


Are you considering buying or selling a Jamestown home?  Please reach out to me, Ginny Lacey Gorman, RI coastal real estate agent,  at 401.529.7849 or email me at Ginny@RiHouseHunt.com for an appointment.   I would love the opportunity to help you in your home sale.  Discussing your home needs is essential in this market and what I do for Jamestown clients.  Let my successful online real estate sales exposure program work well for you!  The Jamestown home market is feeling the upward surge in growth this year.


 Ginny Lacey Gorman is a Rhode Island waterfront 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 you are 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 at RiByTheBay@gmail.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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David Saks
(retired) - Memphis, TN

Great information and thank you for sharing. Hopes for your continued success.

Nov 22, 2013 12:33 AM #1
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny Jamestown is an excellent town, and the fact that sales prices have increased by 33% indicates to me that others feel that way as well.  But why do you think the average days on the market have sky rocketed up like that?

Nov 22, 2013 08:33 AM #2
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 David...

George, the smaller number of sales and the over a million dollar sales being on the market for aeons pushed the days up...it is just taking longer to sell but at great prices for sellers.

Nov 22, 2013 09:00 AM #3
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Ginny, thanks for the excellent update for the Jamestown, RI real estate market.  Definitely trending in a positive direction.

Nov 22, 2013 09:00 PM #4
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services
Hi Ginny, thanks for Jamestown, RI real estate market. Impressive work as always. Everything still looks to be in place. Wishing you all the best! Continue Being a top notch North Kingstown short sale agent.
Nov 25, 2013 12:24 PM #5
Barbara Gregus
CARES Consumer Advantage Real Estate Services - Sandia Park, NM
Sandia Park Paa-ko Homes
That's very good information on what to expect from Jamestown RI Real Estate Market October 2013. Wishing you all the best this 2014.
Jan 24, 2014 09:55 AM #6
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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