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What is the Narragansett Real Estate Market October 2015?
What is the Narragansett Real Estate Market October 2015?      The Narragansett home sale market has slowed its pace with sales down 39% over the prior month.  And year over year the home sold values are down in Narragansett by 3% year to date in RI coastal real estate yet home values are the showing the highest increase of any southern RI town.       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.    Narragansett Home Sale Update October 2015 for a full discussion of what is happening in this oceanfront home market.     22 homes were sold overall in October.  Overall, homes in all price ranges if priced well are the hot home commodity here. It may be fall but the buying enthusiasm is still active.   I know this Narragansett town so well having lived in it for many years and loving its beaches.   ... more

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