Narragansett Real Estate Market Report.
12 Narragansett homes have been sold in November 2011, as follows:
1 home sold over $1 million (waterfront Narragansett home)
5 homes sold over $400,000
3 homes sold for between $300,000-$400,000
3 homes sold for under $300,000
There were 207 Narragansett homes for sale in November 2011 which was a 7 % decrease over October (15 less homes for sale). In the $1 million + Narragansett homes for sale price range, there are 35 Narragansett homes for sale right now (same number as last month).
If your are a Narragansett RI home seller, the real estate market report gives you information on recent home sales for the pricing of your home. My web site will give you more information into all the southern RI towns that may be of interest to you also as you search for RI real estate for sale. The number of homes sold in November increased by 33% ....sales in this waterfront Narragansett town continue- it is the time to buy waterfront!
Narragansett continues to have a large supply of homes for sale and the oceanfront and coastal Narragansett homes for sale are selling slowly. Honestly, the sales picked up this past month which means that if the location, condition and price for a home is right it will be SOLD.
2 Narragansett RI short sales closed this past month and were excellent deals for the buyers. If you are in financial difficulty with your home, call the North Kingstown short sale agents team for a confidential appointment today.
27 pending Narragansett home sales for November. It is still a buyers market with the market absorption rate at over 12 months to sell just the current homes on the market. This remains a disadvantage for sellers. Pricing is everything here.
Out of state and in state buyers continue to search for oceanfront and coastal homes Narragansett for sale. Winter is around the corner yet it is a great time to see the beauty of this waterfront Narragansett community. Narragansett Real Estate Market Report.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett 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 is 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.
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