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Narragansett RI Real Estate Market Report - April 2012
Narragansett RI Real Estate Market Report- April 2012.
Narragansett real estate is maintaining sales volume as an increased interest in waterfront homes is shown by sold and pending sales which continue to happen in Narragansett real estate.
23 Narragansett homes have been sold in April 2012, as follows:
2 waterfront homes over $1 million
8 homes sold over $400,000
7 homes sold for between $300,000-$400,0006 homes sold for under $300,000
Narragansett Home Sale Information Facts: Average Home Sale Price in April 2012 was $508,626,  homes sold on average for 89% of list price  and were on the real estate market for 139 days on average.
Home sales are up 130% over last year same time while pending home sales in Narragansett are up 67%…this is encouraging news for sellers.  It also lets buyers know that now is not the time to sit on the fence to buy.
Buyers are definitely out there buying this time of year!
There were 170 Narragansett homes for sale in April 2012 which was a 5% decrease over the prior month(9 less homes for sale).   In the $1 million category,  there are 36 luxury Narragansett homes for sale right now.     This is a  waterfront Narragansett town that is known for its beaches, restaurants and beach living ... more

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