South Kingstown Real Estate Market Report – Rhode Island Real Estate

Real Estate Agent with Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate

South Kingstown Real Estate Market Report – Rhode Island Real Estate.  

South Kingstown Real Estate Market Report - Rhode Island Real Estate

The Ocean always calls to Rhode Islanders

21 South Kingstown homes have been sold in April 2012, as follows:

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

April 2012 home sales are up over last April 2011 by 31% !  This South Kingstown real estate market is continuing and upward trend which is great news for sellers.  But buyers do not despair since the huge home inventory still makes South Kingstown a buyers market.

South Kingstown Average Home Sale Price in April 2012 was $314,852.  South Kingstown homes sold on average for 93% of list price and was on the real estate market for 115 days on average. 


There were 257 South Kingstown homes for sale in April 2012 which was a 9 % increase in homes over the prior month.  The number of sold homes has increased by 1 home this month.  Pending sales dropped 6%.

South Kingstown continues to have a good supply of homes for sale yet the waterfront South Kingstown homes for sale are selling slowly.  No waterfront South Kingstown homes sold in April.

There are 44 homes awaiting closing in South Kingstown RI.   Yet, the home absorption rate for South Kingstown homes for sale remains high and continues as a buyers market.  Pricing is key to selling a home in this market –  along with the right location and condition.

 2 South Kingstown short saleclosed in April 2012.

Mortgage rates remain extremely low for all home buyers!  If you are seeking a South Kingstown home to buy or sell or interested in the Rhode Island real estate market, give me a call at 401.529.7849.  I raised my family and lived in South Kingstown for 20 years and know the value of homes and South Kingstown neighborhoods well.  South Kingstown Real Estate Market Report – Rhode Island Real Estate.


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 Rhode Island 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 marketcall Ginny today at 401.529.7849.

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice


Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Realtor in the Sparkly Red Shoes.


Looking for a knowledgeable Rhode Island Realtor?  Let me GOOGLE one for you!


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cell: 401.529.7849      Ginny Lacey Gorman, Realtor




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Comments 14 New Comment

Dagny Eason
Fairfield County CT, CDPE Homes For Sale and Condo
Dagny's Real Estate

Ginny - I love to read your market reports.  They are very easy to read and understand.  Thanks!

May 14, 2012 11:07 AM
Ellen Caruso
Daniel Gale Sotheby's International Realty

Ginny, The market is looking anything under $500,000 flies and New Construction is even hotter. We had several full priced bids for a home under we need to find property so Joe can keep up with demand.

May 14, 2012 08:11 PM
Bas Panch
SCV Home Buyer

Hi Ginny,

Thanks for sharing this great report. You know your market very well. Keep up the good work as a top North Kingstown short sale agent, I think you're doing a great job!

May 17, 2012 06:59 PM
Petra Norris
Realtor, Lakeland FL Homes for Sale
CDV TransAtlantic, Inc.

Hi Ginny! Thanks for this excellent market report.We really appreciate all your efforts on  keeping us updated with your Market.Keep it up being an amazing North Kingstown Short Sale Agent.


May 18, 2012 10:45 AM
Nestor & Katerina Gasset
Realtors, Wellington Florida Homes For Sale
International Properties and Investments LLC

Ginny,I love the picture here,looks like a nice place to relax.Thanks for always updating us with your Market status.Continue being a great North Kingstown Short Sale Agent.Best wishes!


June 04, 2012 05:14 AM

Ginny Lacey Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
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