East Greenwich RI Real Estate Market Update July 2012

East Greenwich RI Real Estate Market Update July 2012.  

This is the East Greenwich RI Real Estate market update for July 2012, as follows:  20 East Greenwich homes sold.

11 homes sold over $400,000

5 homes sold for between $300,000-$400,000
4 homes sold for under $300,000

Home sales decreased 26% last month over June.  There were 128 East Greenwich homes for sale in July which was a 7% increase over June.   Currently, there are 9 luxury East Greenwich homes for sale over $1 million.  

21 homes are Pending in East Greenwich in July. This is down from the prior month but buyers are still  searching for Rhode Island real estate here.  In fact, it is nearing a balanced buyers-sellers market in East Greenwich as absorption rates head toward a 6 months of homes on the market.

East Greenwich has the homes for sale and the locations buyers want with many neighborhood choices.  Schools remain a top attraction for living here (East Greenwich being one of the top rated RI school systems).  As well as easy commute to Providence and the Wickford Junction train station is a stone’s throw for those commuting to Boston!

The historic Main Street in East Greenwich is packed with unique shops and foodie restaurants– it is always worth a meal here.  

There was 1 East Greenwich short sale sold in July.

 East Greenwich RI Real Estate Market Update July 2012

The following is more detailed information on July 2012 East Greenwich home sales:

The median priced East Greenwich RI home sold for $416,250, was on the market for 20 days and sold for 95% of list price in July 2012.

Summer is here with buyers looking for good housing opportunities…so spruce up the front door and stage the home for buyer curb appeal.  Interested in the Rhode Island real estate market and need professional home selling guidance? Call me at 401.529.7849 I would love the opportunity to help you.  East Greenwich RI Real Estate Market Update July 2012.

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Ginny Lacey Gorman is a Rhode Island Realtor who works and knows the East Greenwich RI geographic area of homes for sale, happenings, important tidbits of information and  businesses well.  Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are her specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    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.