South Kingstown RI Market Report

South Kingstown RI Market Report - November 2011 is as follows:

19 South Kingstown homes have been sold in the past month:

1 home sold over $1 million

3 homes sold over $400,000
4 homes sold for between $300,000-$400,000
11 homes sold for under $300,000

There were 238 South Kingstown homes for sale in November 2011 which was a 3% decrease over the prior month ( 7 fewer homes for sale). Of these 18 South Kingstown homes for sale are over $1 million.

Sharing these South Kingstown real estate market reports provide you with a better insight into the number of South Kingstown homes for sale, homes sold and market trends in real estate . If your are a South Kingstown home seller, it gives you information on recent home sales. Determining current value of South Kingstown real estate is key to pricing a home to sell in today's market. My web site will give you home information as you search RI real estate for sale.

South Kingstown continues to have a large supply of homes for sale and the waterfront and coastal South Kingstown homes for sale are selling slowly. However, other South Kingstown home sales remain steady.

There were no South Kingstown short sale closings this month.There are 23 homes South Kingstown RI in pending status (pending sales are 6 homes less than the prior month). Home absorption rates for South Kingstown homes for sale remains at 10 months- still a buyers market.

Buyers continue to search for waterfront and coastal South Kingstown homes and if you want at knowledgeable & local realtor specialist to guide you in this market, give me Ginny Gorman a call at 401.529.7849. South Kingstown RI Market Report.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the South 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.