Narragansett Home Sale Market December 2016 Report

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

Narragansett RI Real Estate Market December 2016

 

Narragansett water views

 
 
The Narragansett home sale market has slowed its pace with sales down over the prior month.  Home sales are down by 11% month over month.   In Narragansett, RI coastal real estate home values are up too by 7% for year over year for 2016 over 2015! When the average price of a sold home is over $500,000, you know you are in a top area.
 
Why does Narragansett command a higher dollar value per square foot of home sold as compared to neighboring towns?
 
 This is a fact out of state buyers have difficulty understanding.  You are nearly surrounded by the ocean...this oceanfront, beach access, beachfront and nearly walk to water community commands the dollars because of the ocean.  In buyers minds, it is that amazing location that is so different that increases the dollars for every house here.  Land here is at a premium cost also.
 
Go to Narragansett Home Sale Update December 2016 for a full discussion of what is happening in this oceanfront home sale market on www.RIHouseHunt.com.  
 
 
14 homes were sold this month in Narragansett.  Overall, homes in all price ranges if priced well are the hot home commodity here but the over $400,000 market is hot. It is the end of fall and the buying enthusiasm is still active.   I know this Narragansett town so well having lived in it for many years, loving its beaches and know the neighborhoods and best buys well.  Homes sell every month of the year!
 
 Email me at RiByTheBay@gmail.com or call me, Ginny Gorman, Narragansett real estate agent at 401.529.7849 when you are ready to market your home or buy in this Narragansett town.  Having the right representation is the key to successful buying or selling.  Let me earn your business and trust with strong marketing and negotiation skills that works only for you.

 

Narragansett Home Market Update December 2016

 

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Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy agent who sells RI houses in this real estate market, call Ginny Gorman 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
4,069,471
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Ginny Gorman this is the off season on coastal RI... but it's the prime time to purchase in preparation for a hot 2017 summer....

Jan 16, 2017 04:18 AM #1
Rainmaker
2,475,981
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Ginny. That damn Ocean water view costs money! And, people wonder why! Enjoy your day!

Jan 16, 2017 04:50 AM #2
Rainmaker
3,820,779
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market, thanks for sharing.

Jan 16, 2017 01:30 PM #3
Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

A view is such a wonderful and soothing commodity. I think the perks are worth the cost of admission. 

Jan 18, 2017 08:02 AM #4
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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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