Narragansett RI Real Estate Market Report- April 2012.
Narragansett real estate is maintaining sales volume as an increased interest in waterfront homes is shown by sold and pending sales which continue to happen in Narragansett real estate.
23 Narragansett homes have been sold in April 2012, as follows:
2 waterfront homes over $1 million
8 homes sold over $400,000
7 homes sold for between $300,000-$400,000
6 homes sold for under $300,000
Narragansett Home Sale Information Facts:
Average Home Sale Price in April 2012 was $508,626, homes sold on average for 89% of list price and were on the real estate market for 139 days on average.
Home sales are up 130% over last year same time while pending home sales in Narragansett are up 67%…this is encouraging news for sellers. It also lets buyers know that now is not the time to sit on the fence to buy.
Buyers are definitely out there buying this time of year!
There were 170 Narragansett homes for sale in April 2012 which was a 5% decrease over the prior month(9 less homes for sale). In the $1 million category, there are 36 luxury Narragansett homes for sale right now. This is a waterfront Narragansett town that is known for its beaches, restaurants and beach living style, it is one to consider in your Rhode Island real estate home search.
No Narragansett short sales sold in April.
Narragansett’s April pending home sales: 30 homes. Pending sales are equal to the prior month which is great. The number of homes sold in April were 13 greater than in March 2012. Spring is here and arriving with buyers looking for housing…so spruce and stage the home if you are a seller considering selling…
Narragansett High School has just place #4 in the state for its outstanding educational rankings. The focus on education in this town in the last few years has brought the educational process to higher levels for all students and is an important point to consider when buying into a town.
Interested in the Rhode Island real estate market and need guidance, call me at 401.529.7849 for my local Narragansett real estate knowledge will guide you well in this real estate market. Narragansett RI Real Estate Market Report - April 2012.
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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett RI 02882 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 Narragansett 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.
