How is the Jamestown RI Real Estate Market October 2014?

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4rN5

How is the Jamestown RI Real Estate Market October 2014?

 

This Jamestown RI real estate report update as of October 2014 is here and this home sales market is struggling to rebound.   The real estate market for January – October 2014 is showing a 21% decrease in home sales and a 6% decrease in home sale prices as compared to the same time period in 2013.  Overall, the luxury Jamestown housing market had 2 homes this month that sold for over $1 million in waterfront RI real estate which is a good sign for the luxury market here.

Jamestown RI Home Market Report October 2014

 

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 coastal Jamestown RI real estate, you want to understand the local housing market

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

 

Properties active and on the market90                         

  • Single-family properties sold: 7 
  • Average sales price: $ 655,000 
  • Sales price to list price ratio: 95% 
  • Average days on the market: 185 
  • Sales currently pending: 3 

.

Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market with many months of home inventory.  This is a higher end RI real estate market but overall the luxury market has only 1 less home sold year to date as compared to 2013 so far.

  • Jamestown’s home inventory decreased by 4 homes over the prior month, days on market increased by a couple of weeks and list price to sold price increased to 95%.
  • Breakdown of the 7 Jamestown RI homes sold this month is as follows:   0 homes sold under $300,000, 2 homes sold between $300,000-$400,000, 3 homes sold for over $400,000 but less than a million and 2 homes sold for over 1 million dollars.

Jamestown RI Real Estate Report October 2014

Jamestown RI Home Market Report October 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.

The town itself is known for its stunning coast line,  its true island feel, one of a kind Beavertail State Park and coastal luxury living by the locals.

Are you considering buying or selling a Jamestown RI 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 Ginny@RiHouseHunt.com for a home evaluation analysis.  I would love the opportunity to help you in your RI home search or home sale.

The Jamestown home market offers great waterfront, water view and walk to water real estate for all in this island community.  

This blog was originally published at RI coastal real estate as Jamestown RI Home Market Report October 2014 by Ginny Lacey Gorman, Jamestown RI real estate agent.

Jamestown RI Home Market Report October 2014

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Ginny Lacey Gorman is your go to Jamestown Rhode Island waterfront real estate agent for southern RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information. Email her at Ginny@RiHouseHunt.com to make an appointment to discuss your real estate needs.
 

 

Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  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 at401.529.7849 today.
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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

www.RIHouseHunt.com

 

                                      

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Rainmaker
4,019,646
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny Gorman great market update for Jamestown RI, and nice to see there were a couple luxury homes sold!  

Nov 30, 2014 10:48 PM #1
Rainmaker
3,063,664
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ginny Gorman,  Glad to see 2 luxury home sold but wow decreases are not a word I care for.  Turn thinks upside down there.

Dec 01, 2014 12:06 AM #2
Rainmaker
4,431,972
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny Gorman you always provide good information about your real estate market.

Dec 01, 2014 12:30 AM #3
Rainmaker
1,570,024
David Saks
(retired) - Memphis, TN

Real nice post. Thanks for sharing this great information. Have a terrific day.

Dec 01, 2014 06:19 AM #4
Rainmaker
2,278,194
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Hopefully the Jamestown RI real estate market will rebound after the holidays and start 2015 strongly. Good market analysis.

Dec 01, 2014 08:07 AM #5
Rainmaker
2,230,891
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Tough market in Jamestown, based on your report. Hopefully the numbers will start getting better in 2015.

Dec 01, 2014 06:58 PM #6
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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