Wordens Pond at Dusk
South Kingstown remains a desirable southern RI community to live in, raise a family, enjoy theÂ parksÂ and beaches and greatÂ neighborhoods.
29 South Kingstown homes have been sold in September,Â as follows:Â
Â Â 6 homes sold over $400,000 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â 8 homes sold for between $300,000-$400,000
Â Â Â 15 homes sold for under $300,000
South Kingstown September 2012 home salesÂ areÂ down 19 %Â over August yet still strong.
South Kingstownâ€™s Average Home Sale Price in September 2012 was $333,672. This monthÂ South KingstownÂ Rhode Island real estateÂ homes sold on average for 94% of list price and were on the real estate market for 132 days on average. Â Declines in all categories from the prior month.
South Kingstown Median Home Sale Price in September 2012 was $290,000.Â South Kingstown homes sold for a median price point of 96% of list price and were on the real estate market for 87 days. Â Â Remember the median sale price is the midpoint of all home sale prices (half the home sales are below this amount as well as above this dollar figure). Â Declines in all categories from the prior month.
Â Â Â Â Â Â South Kingstown RI Real Estate Market Report â€“ September 2012
There wereÂ 263 South Kingstown homes for saleÂ in September 2012 which was a 1 % decrease in homes on the market over the prior month.
South KingstownÂ is the South County town with the most home sales consistently this year. Â However,Â theÂ waterfront South Kingstown homes for saleÂ areÂ selling slowly. Â Â NoÂ oceanfront South Kingstown homesÂ sold in September.
There areÂ 50Â homes in pending status in South KingstownÂ RIÂ (pending sales are homes awaiting closing).
It remains a buyers market in South Kingstown as home inventory levels remain at 9 months.
1Â South KingstownÂ short saleÂ closed in September 2012. Â Short sales continue to take time to get Bank approval.
If you are seeking aÂ South KingstownÂ home to buy or sell or interested in theÂ South KingstownÂ RI real estateÂ market, give me a call atÂ 401.529.7849. I raised my family in South Kingstown for 20 years and know the value of homes, schools, happenings andÂ South Kingstown neighborhoodsÂ well.
Â Â South Kingstown RI Real Estate Market Report â€“ September 2012.
Ginny Lacey GormanÂ is your go toÂ South Kingstown RealtorÂ® for real estate inÂ South Kingstown RIÂ and beyondâ€¦knowing the geographic area, schools, happenings, important tidbits of information andÂ businessesÂ well.Â As aÂ North Kingstown short sale agent, if you are having trouble paying your mortgage contact Ginny to help you through theÂ short saleÂ process successfully.
Waterfront, oceanfront, luxury and coastal RI real estateÂ are her specialty but all of RI is her backyard. So feel free to search forÂ RI Homes for Sale.Â When you are in need of a good professional for your buying and selling needs and an internet savvy RealtorÂ®Â who sells RI houses in this real estate marketÂ - callÂ GinnyÂ atÂ 401.529.7849.Â RI Realtor in the sparkly red shoesâ€¦because there is no place like home!