How is the Narragansett RI Real Estate Market February 2015?
The beach and oceanfront community of Narragansett felt the wintry blast February 2015 on home sales with 13% less homes sold over the prior month. Yet home buyers are still out searching for that desirable location to buy into.
Properties active and on the market: 113
- Single-family properties sold in the month: 7
- Average sales price: $ 345,000
- Sales price to list price ratio: 96%
- Average days on the market: 152
- Sales currently pending: 10
There is no doubt that home buyers are out looking for that beach house under $300,000 which are so limited to buy. In fact if you can find one it has no basement, built on cinderblocks, has a cesspool, tiny piece of land or needs a total rehab. So you are buying the land in RI coastal real estate at this price to put up the house you desire.
Step up your price range and the homes become more plentiful for the Narragansett home buyer. Looking to buy a Narragansett home for sale? You need a real estate agent that can guide you well.
The spring market has begun so it is best to be prepared if you are a home seller!
Whether you are buying or selling in the Narragansett real estate market or anywhere in Washington County, RI I would like the opportunity to earn your trust and business. I am knowledgeable in all types of real estate and will ensure your needs are my top priority! Call me today at 401.529.7849 or email me at ginny@RIHouseHunt.com
How is the Narragansett RI Real Estate Market February 2015?
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