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Narragansett Home Sale August 2017 Market
Narragansett RI Homes for Sale Market August
 

   The Narragansett home sale market has increased with home sales homes sold up 19% over the prior month.   In Narragansett, RI coastal real estate home sold values are up over last year by 1%.  When the average price of a sold home is over $515,000, you know you are in a higher end RI real estate market.   Why does Narragansett command a higher dollar value per square foot of home sold ($313 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 August 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 the RI real estate web site of Ginny Gorman, RI coastal real estate agent.     21 homes were sold this month in Narragansett.  Overall, homes in all price ranges ... more

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