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Narragansett Home Sales March 2017 Report
Narragansett RI Homes for Sale Market March
The Narragansett home sale market has picked up its pace with sales up over the prior month. Home sales are up by 36% month over month. In Narragansett, RI coastal real estate home sold values are up though over last year. 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 ($264 per square foot) 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 March 2017 for a full discussion of what is happening in this oceanfront home sale market on www.RIHouseHunt.com. This is the original article shared from that web site by Ginny Gorman. 15 homes were sold this month in Narragansett. Overall, homes in all price ranges if priced well are the ... more
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