Jamestown RI Home Sale Report July 2014

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4mDS

Jamestown RI Home Sale Report July 2014

 

This Jamestown RI mid year real estate report as of July 2014 shows a disappointing home sale market.   The home sales market for January – July 2014 shows a 9% decrease in Jamestown home sales and a 2% drop in home prices as compared to the Jamestown RI Real Estate Market Update July 2014same time period in 2013.  Overall, the luxury Jamestown housing market has been slowly selling in 2014 in waterfront RI real estate.

Knowing the waterfront Jamestown area is part of the discovery process when home searching.  If you are buying or selling a home in waterfront Jamestown RI real estate this information here will guide you. 

 

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

 

Properties active and on the market95                   

  • Single-family properties sold: 5
  • Average sales price: $707,000
  • Sales price to list price ratio: 94% 
  • Average days on the market: 67
  • Sales currently pending: 2

 

  • Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market with many months of home inventory (especially luxury homes).  In addition, the luxury $1 million+ home sale market commands a high percentage of the current Jamestown market.  

     

    Jamestown’s home inventory increased by 2 homes over the prior month, days on market decreased and list price to sold price dropped to 94%.  This is an opportunity to buy well and negotiate aggressively to purchase the home of your dreams today.
  • Breakdown of the 5 Jamestown RI homes sold in July is as follows:   1 home sold under $300,000 and 1 home sold between $300,000-$400,000, 2 homes sold for over $400,000 (but less than $1 million) and 1 home sold for over 2 million dollars.

 

Jamestown RI Real Estate Market Update July 2014

The Jamestown RI town attractions

 

 

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

 

Are you considering buying or selling a Jamestown coastal home?   Discussing your home needs is essential in this market and what I can do for Jamestown clients.  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 home search or home sale.    Jamestown RI Home Sale Report July 2014.

~~~~~~~~~~~~~~~~~~~~~~~~~

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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

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Rainmaker
4,864,159
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny....wow...look at that average sale price... I remember when Jamestown was one of the most affordable waterfront towns.....

Aug 28, 2014 10:11 PM #1
Rainmaker
4,018,153
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 has a healthy average sales price, and looks like there are some good choices for active listings.    

Aug 28, 2014 10:38 PM #2
Rainmaker
555,882
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Ginny: Your average sales price is the high-end price here in my local market. It is great to see market trend in other towns and states.

Aug 28, 2014 10:45 PM #3
Rainmaker
774,003
Joanna Cohlan
Fresh Eyes For Your Home - Chappaqua, NY
Designing, Decorating & Staging Westchester Homes

Good morning Ginny-this is such a high end market and I guess fewer millionaires than we need buy you are definitely the Go To Realtor who can help your clients realize the reasons to live in and love the beautiful Rhode Island coast.

Aug 28, 2014 10:47 PM #4
Ambassador
3,981,932
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Ginny, We saw a drop in July too. In the office we kept saying when are the buyers getting back from vacation. August looks better but not great.

Aug 28, 2014 11:30 PM #5
Rainmaker
2,278,065
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Good to see activity in the upscale Jamestown RI real estate market. Hopefully the sales numbers will pickup this month.

Aug 29, 2014 12:15 AM #6
Rainmaker
986,588
Christopher Lotte
Red 1 Realty - Lithopolis, OH
Central Ohio Realtor, 614-390-9243

, it could really be a nice place to stay. Thanks your for information.

Have a great day.

Aug 29, 2014 01:21 AM #7
Ambassador
3,740,812
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny it is disappointing to see the sales numbers going down in this beautiful town, but at least the DOM is at a good number.

Aug 29, 2014 03:18 AM #8
Rainmaker
1,781,948
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 for all the support and yes they have crept back a bit in Jamestown but the prices remain high and that is what sellers love!

Aug 29, 2014 04:54 AM #9
Rainmaker
1,570,024
David Saks
(retired) - Memphis, TN

Another great post loaded with terrific information. Have a fine day.

Aug 29, 2014 05:16 PM #10
Rainmaker
4,796,451
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 update for the Jamestown RI real estate market.

Aug 30, 2014 09:31 PM #11
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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