North Kingstown RI Real Estate Market Report- First of the Year.

North Kingstown RI Real Estate Market Report- January 2012

There were 171 North Kingstown homes for sale in January 2012 which was a 6 % increase over the prior month (9 more homes for sale). Home sales decreased by 1 home (12 homes sold) over the prior month or 8%. However, February is showing increased signs of life as buyers are out in full force in the current real estate market. An early spring in the North Kingstown housing market is apparent by the bustling of the buyers, phone calls made to me by clients who want to buy now and it is encouraging.

North Kingstown had 12 homes sold in January. 2 homes sold for over $1 million, 3 homes sold for over $400,000, 1 home sold for between $300,000-$400,000 and 6 homes sold for under $300,000.

There was1 North Kingstown short sale sold in January 2012.

North Kingstown RI has a good supply of homes on the market still and the waterfront North Kingstown homes for sale for over $1 million are selling right now. There are 19 homes on the market that are waterfront homes. Additionally, there are 12 North Kingstown homes for sale over $1 million which is an increase over the past month.

There are 30 pending homes sales at present (11% decrease over December). It is a great time to buy while mortgage rates remain amazingly low…

Interested in the RI real estate market and need guidance, call me at 401.529.7849. My local real estate knowledge will guide you in this real estate market. North Kingstown RI Real Estate Market Report- First of the Year.

2011 Market Reports:

Charlestown Market Report

East Greenwich Market Report

Jamestown Market Report

Narragansett Market Report

North Kingstown Market Report

South Kingstown Market Report

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.