South Kingstown Home Market Report for May
Homeowners and house buyers in South Kingstown Rhode Island ask me about the South Kingstown RI home sales market for May2016. It is wise to stay abreast of home sales and sold values if you live here or are considering buying. What was the year like, are homes selling and in what price range?
This South Kingstown RI real estate update will tell you that RI real estate information is local. So please read on for the most current home sale information.
South Kingstown home sales had 43 homes sold with the following breakdown this month:
18 homes sold under $300,000
12 homes sold between $300,000-$400,000
13 homes sold over $400,000 but less than $1 million
0 home sold over $1 million
There are 195 homes on the market and the average home sale is $344,000 here. Home sales are up 19% over the prior month and pending home sales are up by 8% here.
The latest South Kingstown homes for sale can be found right here. Home sales have been brisk in this town as summer approaches is in full swing. If you are thinking about selling your home now is the time. Home buyers are still active with 55 homes in pending status awaiting closing. Sales are up over the prior year so the summer home market is expected to be busy and a sellers market.
Finding affordable housing in South Kingstown means your need to be ready to buy and have your lender pre-approval in hand. Ensure you have a reputable mortgage lender to help you here.
Are you looking for your own home market analysis on your South Kingstown home? Please call me, Ginny Gorman, at 401.529.7849 or email me at ginny@RIHouseHunt.com.
My local knowledge of the South Kingstown area, real estate knowledge in building trends and values will guide you well in your home sale. I raised my family here and know South Kingstown's neighborhoods so well. My online presence and state of the art marketing is here to work for you successfully. Your real estate needs are always my top priority.
South Kingstown RI Home Sales May 2016
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When you are in need of a top selling South Kingstown real estate professional and specialist for your buying, selling or relocating home needs and an internet savvy real estate agent & marketer who sells RI houses in this real estate market call Ginny at 401.529.7849 or email me at ginny@RiHouseHunt.com.
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