Jamestown RI Home Sales November 2014

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

Jamestown RI Home Sales November 2014

 

This Jamestown RI real estate report update as of November 2014 is now out! The real estate market for January through November 2014 in Jamestown is showing a 20% decrease in real estate sales and a 1% decrease in home sale prices as compared to the same time period in 2013.  The luxury Jamestown housing market had 2 homes this month that sold for over $1 million in waterfront RI real estate.  

 Jamestown RI Real Estate Market Report November 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

Why? Because knowing how real estate sales are doing gives you knowledge for any home decision you may make.

Here is the current Jamestown RI real estate market report provided by Ginny Lacey Gorman of RI waterfront real estate for November 2014:

 
Properties active and on the market: 80 

  • Single-family properties sold: 6 
  • Average sales price: $ 950,000 
  • Sales price to list price ratio: 91% 
  • Average days on the market: 228 
  • Sales currently pending: 4  

Knowing the Jamestown RI real estate market is essential if you are considering listing your home for sale or in the market to buy.  Overall the $1 million price range of homes sold is equal to 2014 so far this year as compared to 2013.

 
Jamestown’s home absorption rate is still attempting to get out of a Buyer’s real estate market with many months of home inventory. 

  • Jamestown’s home inventory decreased by 10 homes over the prior month, days on market increased by a month and list price to sold price decreased to 91%..
  • Breakdown of the 6 Jamestown RI homes sold this month is as follows:   2 homes sold under $300,000, 1 home sold between $300,000-$400,000, 1 home sold for over $400,000 but less than a million and 2 homes sold for over 1 million dollars.

 

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 to give you the right edge.  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.

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

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

Good morning, Ginny Gorman Jamestown is struggling but that's typical of high end areas that are resort areas..... spring will pick up the pace....

Jan 01, 2015 09:13 PM #1
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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Good morning Ginny Gorman.  Thank you for sharing the real estate information on the Jamestown RI area.  As Barbara stated the high end market will be back with Spring.

Jan 01, 2015 10:17 PM #2
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Ginny, great information for anyone with a home to sell in Jamestown.  It's also a reminder that I need to do more market reports this year!

Jan 01, 2015 11:27 PM #3
Rainmaker
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ActiveRain City and State Listing Group
Christiansted, VI

 

Appealing layout, specific market location identified by City and State, along with useful information designed to attract buyers and sellers to you is what the Group City & State: Listings and Market Reports is all about. Nice job.

 

Jan 01, 2015 11:37 PM #4
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Now that the New Year is here the housing market will get back to what it should be or at least I hope.

Jan 01, 2015 11:51 PM #5
Rainmaker
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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 hope the weather stays mild, and your sales take off quickly this year!  

Jan 01, 2015 11:56 PM #6
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny it is never good to see sales go down from one year to the next.  Jamestown is an excellent location especially for water views.  Hopefully the market will turn around there soon.

Jan 02, 2015 02:38 AM #7
Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Swing those numbers UP in the new year...great locations...super interest rates...up up and BUY !

Jan 02, 2015 07:41 PM #8
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, I hope the market will improve in 2015. Have a great 2015.

Jan 02, 2015 08:11 PM #9
Rainmaker
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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

Interesting factor of the Jamestown RI down sales here this year but I do believe that it has been the lack of lower end homes for sale this year.

Jan 02, 2015 08:45 PM #10
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Good morning, Ginny!     Great market report!   Keep selling those high end homes and change those numbers !

Jan 03, 2015 08:55 PM #11
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Ginny Gorman

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