Charlestown RI 02813 Real Estate Market Report - Year End

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/r7b

Charlestown RI beach

Charlestown RI 02813 Real Estate Market Report- Year End 

December 2011

Charlestown RI homes have been sold in December:

   1 waterfront home sold for over $1 million

   2 homes sold for over $400,000

    2 homes sold between$300,000- $400,000

    3 homes sold less than $300,000

There were 100 Charlestown RI homes for sale in December 2011 which was a 6% decrease over the prior month.  This is the fourth month of home inventory decline in Charlestown RI homes for sale.  One less home sold in December than in November.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month for Charlestown neighborhoods (such as Quonnie) are shared here. From West Beach to East Beach to Ninigret there are a multitude of Charlestown RI neighborhoods to explore.  

19 Charlestown RI pending home sales in December which is 3 more than the prior month.  To be in ‘pending’ status is to be awaiting the closing of the home.

Overall 108 Charlestown homes sold in 2011. For 2011:

 -Average Charlestown home sales price was $456,671

 -Charlestown Homes sold at 91% of list price

 -Charlestown Homes sold were on the market for 133 days

- Charlestown home sales decreased by 8% in 2011 over 2010

Graph chart of 2011 Charlestown RI home sales


Interestingly enough 47% of the homes sold were under $300,000 in 2011, 20% of homes sold were between $300,000 to $400,000 and 47% of the homes sold were over $400,000.    The data does show that sellers here need to price their homes closer to market to sell them in less time.

Out of state and in state buyers continue to search for oceanfront Charlestown RI homes for sale.  When you have great beaches, quiet neighborhoods and low taxes, it is a great draw for all buyers around New England.

Come and explore another waterfront RI Charlestown! As a Charlestown RI home town specialist, please call on me at 401.529.7849 for your RI real estate needs.  Charlestown RI 02813 Real Estate Market Statistics.

~~~~~~~~~~~~~~~

Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well.  Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage.  When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

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This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice

 

Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.

 

Looking for a knowledgeable Rhode Island Real Estate Agent?  Let me GOOGLE one for you!

            

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Rainmaker
2,363,903
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny...looks like the winter slowdown has started to affect Charlestown RI.  I know if there's a home to be sold in this area during the winter months, you will be on it!  Very good real estate market report.

Jan 09, 2012 10:06 PM #1
Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Ginny, You get the same winter slowdown we expect here.  Lots of inventory to pick from for the buyers out there looking, so they just need to call you to get matched with the right one.

Jan 09, 2012 10:42 PM #2
Rainmaker
1,817,029
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Anita, yes ...thanks...just got my Freddie MAc approved for repairs...it has taken 2 months for that Charlestown Home ...i'm ecstatic...persistence paid off..

BLiz, there is so much high end waterfront homes here...need the buyers ...i've put out the calls!  best

Jan 09, 2012 11:04 PM #3
Ambassador
2,759,162
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Good morning, Ginny. It seems as if there are pockets that go through a "winter slumber" while others don't. Hopefully, things will pick up soon...

Jan 09, 2012 11:17 PM #4
Rainmaker
694,927
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hello Ginny,

Looks like you have been a busy girl.

With the selling price in the low 90%, this needs to be brought up a bit. Also the days on the market are behind tha national averages a bit.

I hope that 2012 will be a great year for home sales. It's beginning to look that way in many parts of the country.

All my Best, Clint McKie 

Jan 09, 2012 11:39 PM #5
Rainmaker
570,370
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Ginny...nothing compares to living on the water!  Move report....I like the pie chart.

Jan 10, 2012 02:42 AM #6
Ambassador
4,299,713
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Ginny

You always do such a thorough job on your market reports with analysis for buyers and sellers. Looks like a common pattern for this time of year in your area. Bet things will pick up a bit as you get past the holidays.

Jeff

Jan 10, 2012 04:44 AM #7
Rainmaker
1,817,029
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Michael, it is getting busier here...hope it will continue...

Clint, the sellers need to learn to price their property more aggressively in this buyers market here...i hear you!

Christine, first time i did the pie graph...for year end i'll do it..

Jeff, i am getting calls to buy so that is good...the under $300k is still the popular price range.

Jan 10, 2012 05:02 AM #8
Rainmaker
99,761
David Artigliere
Reading, Pottstown, Norristown, Philadelphia - Collegeville, PA
ARTI Home Inspections, ASHI Certified Home Inspect

Ginny,

You work in a beautiful area of the country and sounds like things are getting busier in Charlestown RI.  2012 should be a great year.  Like the pie chart, by the way!

Jan 10, 2012 08:22 AM #9
Rainer
30,538
Chase Green
Pursuit Troop - Logan, UT
Utah SEO & Internet Marketing

Great localism! Very in depth and I love your links! You're neighborhoods are looking good on your site too, I can see you're putting in a lot of effort, great job Ginny!

Jan 10, 2012 11:55 AM #10
Rainer
125,429
Laurie Clark CRB Angel Realty LLC Your Monument Realtor 719-502-6572
CRB-CCSS-ASD-HBS-RSD-Denver Short Sale Agents - Monument, CO
Angel Realty, LLC

Love the picture! Excellent market update. As the North Kingston short sale agent to call, you do a wonderful job of keeping your clients informed on current market trends. Thanks for sharing

Jan 10, 2012 02:28 PM #11
Rainmaker
1,817,029
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

David, you are so right...the southern RI area is a gorgeous place to live with the waterfront...thanks

Chase, I'm so glad you checked up on me to see I'm following your suggestions & have been working hard on my neighborhoods since we talked...you are inspiring and other rainers need to chat with you on Web site needs!

Laurie, doesn't the pic warm your heart & toes right now!

Jan 10, 2012 10:03 PM #12
Rainer
478,183
Not a real person
San Diego, CA

Hey, Ginny - Do you like to see inventory go down four consecutive months? Does the lower inventory equate to higher prices for you there?

Jan 10, 2012 10:56 PM #13
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Rainmaker
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Ginny Gorman

Homes for Sale in Southern RI and beyond
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