LOW INVENTORY OF HOMES FOR SALE IN THE WADDINGTON SCHOOL NEIGHBORHOOD OF RIVERSIDE, RI 02915
Currently, there are only 13 houses for sale in the A.M. Waddington School district of Riverside, RI. As a local resident and local Realtor I have seen our inventory shrink over the 3 months.
I have watched the For Sale By Owner homes almost vanish from the market in my area of Riverside, RI.
I am struggling with trying to find suitable housing for clients who want to live in this area.
The A.M. Waddington School district is a good school district which many parents choose to live in just so their children can attend this elementary school. With only 13 houses on the market its "slim pickins".
Over the last year I've watched the Riverside market turn from a buyers market into a balanced market. We anticipate the Spring to usher in price increases of roughly 5% + on new listings hitting the market, that is IF we can get sellers to enter the market.
The holidays are over, sellers. Don't wait for the Spring. Get your house on the market in Riverside (or anywhere else in the state of RI) TODAY!
If you are thinking about selling, you should be on the market NOW while there is little inventory. Wait till the Spring and you run the risk of not standing out and being on the market with everyone else who chose to wait.
RI Multiple Listing Service statistics as of 1/14/13 for Riverside, RI 02915 single family houses for sale:
Number of Single Family Houses for sale- 13
Average listing price- $175,615
Average days on the market- 114
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