North Kingstown RI December 2013 Year End Home Sales Update
December 2013 real estate market data recap of the year 2013 for North Kingstown, RI is provided by Ginny Lacey Gorman of RI coastal real estate. The month of December 2013 single family home sales are as follows:
- Properties currently active on the market: 132
- Single-family properties closed in December 2013: 24
- Average sales price: $ 379,000
- Sales price to list price ratio: 96%
- Average days on the market: 84
- Sales currently pending: 26
North Kingstown home absorption rate for December is 5.5 months of home inventory . Based on this most recent home sales data, the North Kingstown real estate market is a normal to sellers market. We have not seen this change in the real estate market in years!
- Breakdown of the 24 North Kingstown sold homes is as follows for the month: 10 homes sold under $300,000,3 homes sold between $300,000-$400,000 and 11 homes sold over $400,000.
North Kingstown RI December 2013 and Year Recap of Single Home Sales
The North Kingstown RI 2013 real estate single family home market has been a strong selling market with the number of home sales up 32% over 2012! Even home sale prices have stabilized with just a +.1% increase in 2013 over 2012 yet they are on the plus side which is good for sellers.
North Kingstown RI Year Recap of Single Home Sales and December 2013
Here are the 2012 through 2013 home sale numbers:
| Year | Homes Sold | Average Sales Price | List Price/Sale Price | Days on Market |
| 2012 | 240 | $324,625.00 | 94% | 103 |
| 2013 | 317 | $325,000.00 | 96% | 92 |
Contact Ginny Lacey Gorman today at 401.529.7849 or email me at Ginny@RiHouseHunt.com. Working with home sellers everyday to list, promote and market homes successfully for my clients. This is the single family North Kingstown RI December 2013 Year End Market Report so you may understand the current home sale market here.
Comments(14)