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Narragansett Real Estate Market Update
Narragansett Real Estate Market Update.  As one sets out to see the current Narragansett Real Estate Market Update, find out the facts on home sales in July 2012.  
13 Narragansett homes were sold in July, as follows:
1 waterfront Narragansett home sold for over $1 million 
8 homes sold over $400,000
  4 homes sold for under $300,000

Narragansett Real Estate Market Update
Narragansett Rhode Island Real Estate Home Sale Information Facts is as follows for July:
Median Home Sale Price in July 2012 was $460,000, median price of homes sold was 95% of the listing price and the average time on the market is 76 days until sold.  However, home sales decreased 46% in July over June.
Narragansett home sales decreased 19% over last year same time (July 2012 compared to July 2011).
There were 187 Narragansett homes for sale in July 2012 which was a 2% decrease in home inventory over the prior month (4 less homes). In the $1 million luxury Narragansett homes for sale category,  there are 40 homes for sale now.  Coastal and waterfront Narragansett homes for sale attract buyers from around the country....the beauty of the Narragansett waterfront and lifestyle here is desirable.  Narragansett  Real Estate Market Update The number of homes sold ... more

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