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Narragansett RI Real Estate Market Report | November 2012
Narragansett RI Real Estate Market Report | November 2012 It is about Narragansett beach
Narragansett RI Home Sales | RI Real Estate | November 2012.
Real estate market date for Narragansett, RI provided by Ginny Lacey Gorman of waterfront RI real estate:
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Properties active and on the market: 137 Single-family properties closed in November 2012: 18 Average sales price: $ 596,638 Sales price to list price ratio: 94% Average days on the market: 172 Sales currently pending: 17 Narragansett home absorption rate: 8 months of home inventory. Based on this most recent home sales data, the Narragansett real estate market is a buyers market.
Breakdown of the 18 Narragansett RI home sales in November 2012 is as follows for the month: 6 homes sold under $300,000, 5 homes sold between $300,000-$400,000 and 5 homes sold over $400,000 and 2 homes sold for over $1 million. In November the under $400,000 home market was the one that generated the most buying interest.
Sand Hill Cove breakwater
The Narragansett RI home sales market has been a strong selling market this year with number of home sales up 63% and home prices up 67% over 2011! The buyers have been out in 2012 in full ... more
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