Narragansett RI Home Sale Market Report March 2014

By
Real Estate Agent with Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate
http://actvra.in/4fxL

Narragansett RI Home Sale MarketReport March 2014

 

Narragansett Real Estate  Market

Narragansett RI Home Sale Market Report March 2014 

 As this is one of the RI real estate coastal towns to reside in, Narragansett homes for sale offer great property choices for buyers.   Let us take a look at what the market is doing this March in home sales…

The Narragansett RI real estate report March 2014 update is as follows:

  • Properties active and on the market: 123
  • Single-family properties sold in the month: 16 
  • Average sales price: $ 368,000
  • Sales price to list price ratio: 95% 
  • Average days on the market: 82 
  • Sales currently pending: 22 

Narragansett homes sale absorption rate dropped to 7.6  months worth of home inventory.  

Narragansett RI Home Sale Market Report March 2014

  • Breakdown of the 16 Narragansett home sales in March is as follows: 6 homes sold under $300,000, 6 homes sold between $300,000-$400,000 and homes sold over $400,000.  

Current home sales are up by 100% over the prior month, home inventory growth increased by 6% and pending homes in contract increased by 47% over February.  So the interest in Narragansett homes is increasing but not as much as March 2013. 

The Narragansett home sales market continues to increase since 2011. Looking to buy a Narragansett home for sale?  You have come to the right place! 

 
 
This RI waterfront community in Washington county is known for its beaches, oceanfront Narragansett Pier,  fabulous seafood restaurants and top RI public schools.  

If you are considering buying a coastal Narragansett RI home or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent,  today at 401.529.7849 or email me at Ginny@RiHouseHunt.com.  Let’s discuss your home needs now.  Let my on line real estate marketing program work for you!

Narragansett RI Home Sale Report March 2014

originally posted at Narragansett RI Real Estate Market Update March 2014 by Ginny Gorman of RI coastal real estate.

~~~~~~~~~~~~~~~~~~~~~~~~~~

 Ginny Lacey Gorman is your go to Rhode Island waterfront Realtor® for Narragansett RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email me at ginny@RiHouseHunt.com to make an appointment to discuss your home needs!
 
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  So feel free to search for RI Homes for Sale.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor® who sells RI houses in this real estate market call Ginny at 401.529.7849
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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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

www.RIHouseHunt.com

 

                                      

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Rainmaker
3,622,370
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Ginny....my family loves Narragansett Beaches.... I'm sure I'll be there often this summer....

Apr 16, 2014 09:26 PM #1
Rainmaker
3,427,082
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing the market report. Have a good day.

Apr 16, 2014 09:29 PM #2
Rainmaker
2,026,916
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

With beautiful beaches and a fantastic agent ready to assist (Ginny Gorman), consumers need to take a long look at the Narragansett RI real estate market. Nice report!

Apr 16, 2014 10:17 PM #3
Rainmaker
753,125
Joanna Cohlan
Fresh Eyes For Your Home - Chappaqua, NY
Designing, Decorating & Staging Westchester Homes

Good morning Ginny, with beaches and homes like that, I am surprised that the average housing prices aren't even higher.  Excellent report and continued success selling in your market.

Apr 16, 2014 10:49 PM #4
Rainmaker
1,569,048
David Saks
Memphis, TN

Another fine post with lots of great information for all.

Apr 17, 2014 02:14 AM #5
Rainmaker
330,748
Bruce Swedal
Denver, CO
Denver Real Estate

A great way to start the day is reading an informative market report. Thanks for the information on your community!

Apr 17, 2014 03:16 AM #6
Ambassador
2,519,177
Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Hi Ginny, 

Yes, I agree that Narragansett homes is the great property choices for buyers. Nice Market Report. Keep it up...:)

Apr 19, 2014 09:13 PM #7
Rainer
193,570
Waynette Hoover Araj
Keller Williams Realty - Asheboro, NC
Connecting your Dreams with the Right Real Estate

Thank you for sharing Narragansett RI Home Sale Market Report. Informative reports like this will surely help us improved our sale. Keep it up!

Apr 27, 2014 10:36 PM #8
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
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