Jamestown RI 02835 Real Estate Market Report - Year End 2011

2 Jamestown RI homes were sold in December, as follows:

1 home sold over $1 million

1 home sold over $400,000

There were 61 Jamestown RI homes for sale in December 2011. The number of homes for sale on the Conanicut Island of Jamestown RI has decreased for the third month in a row. Yet, this is a great time to evaluate the real estate market and the coastal Jamestown shore offers a stunning array of homes for buyers in their real estate searches.

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace. The home inventory absorption rate remains a buyers market.

6 Pending Jamestown homes sales for December 2011 await closing and Jamestown RI homes sales have increased by 1 home over the prior month.

Overall 57 Jamestown RI homes sold in 2011.

-Average Jamestown home sales price was $733,907

- Homes sold at 91% of list price

-Homes sold were on the market for 169 days.

-Home sales decreased by 22% in 2011 over 2010 in Jamestown

As you can see 9% of the 2011 Jamestown homes sold were under $300,000, 33% were $300,000-$400,000 and 58% were over $400,000. During 2011, 6 Jamestown homes sold for over $1 million. Still a great location to buy in for luxury and oceanfront homes in Jamestown. Here is to a better real estate market in 2012!

Buyers continue to search for oceanfront Jamestown RI homes for sale. Out of state buyers especially love the waterfront setting of Jamestown RI and its connectivity to North Kingstown and Newport RI. When you have great water views, amazing Beavertail state park, restaurants and island living, it does capture you. Jamestown RI 02835 Market Report- Year End.

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

A TRIBUTE TO MY MOTHER, MARIAN CLARKE, THE REALTOR®

Tomorrow it will be one year that she went to Heaven and her job here on earth was complete. She is off to do a more important job now. But you will see her pin, being the larger one with more experience, next to mine being the one with less experience. You see, she began her Real Estate career in 1976 and retired about 2 years ago. Given the almost 40 years in this business, I feel I will have to work twice as hard to attain her knowledge. Perhaps one day, even though I own the pin now, I will eventually grow to earn that pin and what it stands for.

Jamestown RI 02835 Market Report

November 2011 is as follows:

4 Jamestown RI homes have been sold in November, as follows:

4 homes sold over $400,000

There were 71 Jamestown RI homes for sale in November 2011 which was a 5 % decrease over the prior month. The number of homes for sale on the Conanicut Island of Jamestown RI has decreased for the second month. This decrease in home inventory is due partially to homes being withdrawn from the real estate market for the winter. Yet this is a great time to evaluate the real estate market and the coastal Jamestown shore remains absolutely breathtaking for buyers in their home searches.

If your are a Jamestown RI home seller, the Jamestown RI homes for sale market reports provides you information on recent home sales for the pricing of your home. My web site will give you more information into all the Jamestown RI homes for sale that will be of interest to you as well as to buyers in determining value. Knowing your competition is important as well as pricing your real estate to sell.

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace. The home inventory absorption rate remains a buyers market.

5 Pending Jamestown homes sales for November 2011 await closing and Jamestown RI homes sales have remained constant from the prior month. The current real estate market is not showing the true dynamics of a market that homes sellers need to generate bid wars.

Buyers continue to search for oceanfront Jamestown RI homes for sale. Out of state buyers especially love the waterfront setting of Jamestown RI and its connectivity to North Kingstown and Newport RI. When you have great water views, amazing Beavertail state park, restaurants and island living, it does capture you. Jamestown RI 02835 Market Report.

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

Jamestown RI 02835 Real Estate Market Report - October 2011 is as follows:

4 Jamestown RI homes have been sold in October, as follows:

2 homes sold over $1 million (waterfront Jamestown RI homes)

1 home sold over $400,000

There were 75 Jamestown RI homes for sale in October 2011 which was a 14% decrease over the prior month. This is a significant decrease in home inventory on the Conanicut Island of Jamestown RI. This decrease in home inventory is due partially to homes being withdrawn from the real estate market. With the fall weather here in full force, the coastal Jamestown shore remains absolutely breathtaking for buyers in their home searches.

If your are a Jamestown RI home seller, the Jamestown RI homes for sale market reports provides you information on recent home sales for the pricing of your home. My web site will give you more information into all the Jamestown RI homes for sale that will be of interest to you as well as to buyers in determining value.

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a modest pace. The home inventory absorption rate remains a buyers market.

Pending homes sales for October 2011 have decreased by 1 home over the prior month and Jamestown RI homes sales have decreased by 1 home sale...not showing the true dynamics of a real estate market that homes sellers depend upon.

Buyers continue to search for oceanfront and coastal Jamestown RI homes for sale. Out of state buyers especially love the waterfront aura of Jamestown RI. When you have great water views and you are an island with bridges on both sides - it is always a draw for Jamestown RI buyers and being right next to Newport RI and North Kingstown RI does matter. Jamestown RI 02835 Real Estate Market Report.

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

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

Jamestown RI 02835 Market Report - September 2011 is as follows:
                  
            4 Jamestown RI homes have been sold in August:

                  1 home sold over $1 million (waterfront Jamestown home)

                  3 homes sold over $400,000 

There were 87 Jamestown RI homes for sale in September 2011 which was a 1% decrease over the prior month.  This was another minimial decrease in home inventory on the Conanicut Island of Jamestown RI.  With the fall weather here in full force, the coastal Jamestown shore remains absolutely breathtaking for buyers in their home searches.  Nearly 34% of the Jamestown RI homes for sale are in the $1 million price range and higher- a large portion of this home market.

If your are a Jamestown RI home seller, the Jamestown RI homes for sale market reports provides you information on recent home sales for the pricing of your home.  My web site will give you more information into all the Jamestown RI homes for sale that will be of interest to you as well as to buyers in determining value.   

Jamestown RI continues to have a good supply of homes for sale and the oceanfront, water front and coastal Jamestown RI homes for sale are selling at a slower pace.   Homes that are selling are in all price ranges right now and if the location, condition and price for a home is excellent it will be a buyers desire in this Jamestown RI real estate market.  The home inventory absorption rate has increased and is a buyers market. 

 Pending home sales have decreased by 3 homes over August 2011 and there are 2 homes in pending status in Jamestown RI.   Jamestown RI home sales  have decreased by 64% over August so what lies ahead for the fall market- we see signs of increased activity right now given the low mortgage rates.

Buyers continue to search for oceanfront and coastal Jamestown RI homes for sale.  Out of state buyers especially love the waterfront aura of Jamestown RI.   When you have great water views and you are an island with bridges on both sides - it is always a draw for Jamestown RI buyers and being right next to Newport RI  and North Kingstown RI does matter.  Jamestown RI 02835 - Real Estate Market Report - September 2011.

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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.