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East Greenwich RI Home Sales Market Update October 2013

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

East Greenwich RI Home Sales Market Update October 2013

East Greenwich RI homes for sale

The East Greenwich RI Real Estate Market for the Month of October 2013 is seeing an increase in single family home sales.
 
Let us take a review of the East Greenwich RI real estate market as presented by Ginny Lacey Gorman, RI coastal real estate agent.  Homeowners and buyers want to know is this a market I can move into and find a fabulous home?  Yes, although known for its higher end real estate, homes do range from under $300,000 to the millions of dollars.
 
The following is a recap of the home sale market here for October 2013:
 
Active Single Family Homes for Sale:  109
Sold Homes:  15
Pending Home Sales:  13
Average Days on Market: 105
 
The breakdown of the 15 East Greenwich homes sold in October 2013 is as follows:
9 homes sold for less than $300,000, 2 homes sold for between $300,000-$400,000 and 4 homes sold for greater than $400,000.  No homes sold for over $1 million.
 
The average priced home sold for $333,400 at 93% of list price.  Home sales are up by 50% over the prior month, inventory also has decreased a bit, yet home prices have risen this year to date by 2% over 2012 year to date!  
 
 Additionally, home sales are up 29% year to date over the same time period last year.  This market is strongest with the under $300,000 home sales.  If you want to know what your home is worth in real sale dollars, call me for a market analysis and discussion on your market options at 401-529-7849.
 
Why do people live and choose the community of East Greenwich RI?  This town is noted for fine homes, great blue ribbon schools, near shopping and close to the Providence airport.
 
Looking for single family home in East Greenwich?  Call me and let me take the stress and follow up out of finding the right East Greenwich neighborhood to live in.  Knowing the local real estate market is what I do everyday.
 
Looking for an East Greenwich condo to buy?  Searching is easy and the information will give you a good idea of your overall costs in condo ownership.
 
Call me to explore the neighborhoods of East Greenwich and to find the one for you at 401.529.7849 or email me at ginny@RiHouseHunt.com.  I would love the opportunity to assist you in your real estate needs.
 
 As always sharing the current East Greenwich real estate news online is my way of connecting with buyers and sellers in Rhode Island and elsewhere.  East Greenwich homes for sale remain choice in buyers minds this October 2013.
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Ginny Lacey Gorman is a Rhode Island waterfront real estate agent who works and knows the East Greenwich RI geographic area of homes for sale, schools, happenings and important tidbits of information well.
 
Coastal, water view, ocean front, luxury and waterfront Rhode Island real estate are my specialty.  If you are 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 marketcall Ginny today at 401.529.7849 or email at RiByTheBay@gmail.com. 
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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 Real Estate Agent in the Sparkly Red Shoes.

 

Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!

            

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Comments(11)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Your expertise of the East Greenwich RI real estate market shines through in this thorough report.  Good to see sales are UP.

Nov 17, 2013 08:00 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Ginny,

I love the photo of the house you have chosen for your East Greenwich, RI real estate market report! Good news to let the consumer know..sales are up!!

Nov 17, 2013 08:10 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Ginny, Prices up, sales up! It's a great real estate market in East Greenwich RI.  Sure hope this trend continues for years and years. Have A Great Day!

Nov 17, 2013 08:11 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Thank you for sharing the market update for east Greenwich.

Nov 17, 2013 08:22 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Ginny, thanks for the excellent market information for East Greenwich RI.  It sure appears that this market is heading in a positive direction.

Nov 17, 2013 09:15 PM
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny.

With sales up 29% that'sa lot of extra work you must look forward to. Helping new home buyers has to have a lot of rewards.

Have a great day in North Kingstown.

Best, Clint McKie

Nov 17, 2013 09:32 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, glad to see East Greenwich's home values have increased over last year!     It is a great place to live and buyers would be wise to give you a call when ready to purchase!

Nov 17, 2013 11:12 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I am doing a refinance in that area on a high end property. The appraiser has indicated that there are no good comps, so he has to look for comps in a couple of other towns. The refinance is turning into a real challenge.

Nov 18, 2013 12:10 AM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Ginny Lacey Gorman is the professional to see in North Kingstown RI - contact her at 401-884-4100 x.268. Keep up the good work! Have a nice day!

Nov 18, 2013 05:28 AM
Mitch Muller - Charlotte NC Real Estate
ProStead Realty Charlotte, NC CRS SRES mitch@prostead.com - Charlotte, NC
Certified Residential Specialist

Ginny, looks like the market is doing well there! Nice looking home!

Nov 18, 2013 07:04 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!
Hi Ginny, thanks for East Greenwich RI Home Sales Market Update October 2013.  Impressive work as always. Everything still looks to be in place. Wishing you all the best! Continue Being a top notch North Kingstown short sale agent.
Nov 20, 2013 10:48 AM