What is Happening with the Jamestown RI Real Estate Market March 2014

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
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What is Happening with the Jamestown RI Real Estate Market March 2014

This Jamestown RI real estate market is feeling a decline in home sales in March 2014.  Although for

Jamestown RI Real Estate Market Report March 2014the first quarter of 2014 home sales are up over first quarter 2013 here.  Yet home sales in Jamestown for March 2014  are down 71% over prior month. A roller coaster of home sales is occurring here.

Knowing the waterfront and Jamestown RI coastal real estate area is part of the RI 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 

Here is the current real estate market data for Jamestown, RI provided by Ginny Lacey Gorman of RI waterfront real estate March 2014 is as follows:

Properties active and on the market66                             

  • Single-family properties sold: 2 
  • Average sales price: $ 368,000
  • Median sales  price: $368,000
  • Sales price to list price ratio: 92% 
  • Average days on the market: 198
  • Sales currently pending: 2 

  

  • Jamestown’s home inventory increased by 1 home over the prior month, days on market increased by 1 month and list price to sold price decreased substantially due to only 2 homes sold in March.
  • Breakdown of the 2 Jamestown RI homes sold as follows:   0 homes sold under $300,000 and 2 homes sold between $300,000-$400,000.

What is Happening with the Jamestown RI Real Estate Market March 2014

Jamestown RI Real Estate Market Report March 2014 

 

Jamestown is a waterfront Newport County Rhode Island community that enjoys private real estate on a hideaway island that is so unique to this ocean state.

The town itself is known for its stunning coast line,  its true island feel, one of a kind Beavertail State Park, great water views, delectable restaurants and coastal luxury living.  It is an upscale community of island homes due to its geography between the towns of  Newport and North Kingstown.  

Are you considering buying or selling a Jamestown coastal home?  Please reach out to me, Ginny Lacey Gorman, RI coastal real estate agent, at 401.529.7849 or email me at RiByTheBay@gmail.com for a home evaluation analysis.   I would love the opportunity to help you in your RI real estate needs. Jamestown RI Real Estate Home Sale Report March 2014 is recapped for you here.

originally posted at JAMESTOWN RI REAL ESTATE MARKET REPORT MARCH 2014 by Ginny Lacey Gorman, RI coastal real estate agent.

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Ginny Lacey Gorman is your go to Jamestown, Rhode Island waterfront real estate agent … Email me at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!
 
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  So feel free to search for RI Homes for Sale.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor® who sells RI houses in this real estate market call Ginny 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
694,665
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Kinda quiet in Jamestown.

But the summer rush has not begun in earnest yet.

Have a good day in North Kingstown.

Best, Clint McKie

Apr 27, 2014 10:15 PM #1
Rainmaker
650,335
Bobbie Smith
Stroudsburg, PA
570-242-1891

Nice report Ginny. It's so alarming and disheartening to see these "down" numbers in many parts of the Country this Spring.

Apr 27, 2014 11:06 PM #2
Rainmaker
1,792,171
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

Clint, this is a roller coaster market in this town because of the wide swings in property values.

Bobbie, our communities seem to be a mixed bag this spring...the real spring surge has not begun everywhere.

Apr 27, 2014 11:10 PM #3
Ambassador
2,676,904
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

This is not that bad at all. As we all know this thing really happens. Let's just enjoy the spring. We need to take advantage of the good weather.

Apr 28, 2014 12:18 AM #4
Rainmaker
1,570,124
David Saks
(retired) - Memphis, TN

Fine post and great information. Have a terrific day ahead.

Apr 28, 2014 01:04 AM #5
Rainmaker
2,302,616
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Now that warmer weather is here, hopefully home sales will shoot up in this community again.

Apr 28, 2014 07:29 AM #6
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny why do you think the market fell in Jamestown by 71% from the prior month, especially since the weather was a little better in March than February?

Apr 28, 2014 10:27 AM #7
Rainmaker
1,792,171
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

George, I wish I had a good answer for you but I don't but it appears it is the homes under $400k most desirable to buyers and there is a lack of them...it really was a strange month.

Apr 28, 2014 11:20 AM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Ginny, It looks beautiful there and with spring here you are likely to see big increases in sales as the weather improves.

Apr 28, 2014 12:46 PM #9
Rainmaker
2,256,034
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. The Jamestown market sure is struggling, hopefully that will change and the activity starts picking up.

Apr 28, 2014 08:24 PM #10
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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