East Greenwich RI Real Estate Market Report

Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

East Greenwich RI Real Estate Market Report – January.  

East Greenwich RI Real Estate Report
Historic East Greenwich RI Town hall- cool real estate

East Greenwich single family homes have been sold in January 2012, as follows:

1 home sold over $400,000

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


So in January 2012, the average East Greenwich RI home sold for $320,700, was on the market for 61 days and sold for 93% of list price.

The median priced East Greenwich RI home sold for $315,000, was on the market for 45 days and sold for 95% of list price in January 2012.

There were 115 East Greenwich homes for sale in January 2012 which was a  2% decrease over the prior month.  Certainly the choices of homes in all price ranges are there for interested buyers but it was the under $400,000 homes selling this past month.  There are 7 luxury East Greenwich homes over $1 million on the market.

January's pending East Greenwich home sales: 12 homes which is a healthy increase over the prior month.

East Greenwich has the homes with amenities buyers want and there are many neighborhood choices to pique your interest.  Schools remain a top attraction for living in this town (always being one of the top rated school systems in the state).  The historic Main Street in East Greenwich is packed with unique shops and eateries - it is always worth a visit.

There were no East Greenwich short sales sold in January.  However, there are 7 short sales in town on the active real estate market.

Why wait until the Spring to sell your home?   There are buyers looking for homes to buy especially in the under $600,000 price range in East Greenwich right now! Putting your home on the market when the inventory is low, may get your home sold before the home inventory rises and competition is stronger.   Give me a call at 401.529.7849 to discuss marketing your home to ensure you have an experienced professional, internet savvy realtor and negotiator representing you and guiding you along the home route way.  I sell homes in this real estate market!  East Greenwich RI Real Estate Market Report. 

View East Greenwich, RI 02818 in a larger map


Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the East Greenwich 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 marketcall 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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Michael Thornton
RadnorLake Video - Nashville, TN
Nashville Area - Photography & Videography

Good morning, Ginny.

While sales do not seem to be robust, it looks as if the market is holding stead as evidenced by the 93% of asking price...

Feb 17, 2012 07:33 PM #1
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

I like you added "Why wait until Spring to put your home on the market?" and that you are an agent who knows and works the East Greenwich RI area! Buyers and sellers should call Ginny..the gal with the sparkly red shoes!!

Feb 17, 2012 08:00 PM #2
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Michael, not a great market which is so surprising for a town so desirable but a number in pending which brings optomism.

Dorie, it is like the spring up here it is so untypical for us to not have snow and plants sprouting encouraging sellers to sell.

Feb 17, 2012 08:22 PM #3
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

If there is a better East Greenwich RI real estate market report posted on the web I haven't seen it...you know and promote your area so well Ginny.

Feb 17, 2012 08:28 PM #4
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny....it looks like the East Greenwich RI market is going in the right direction.....potential buyers and sellers would be wise to call Ginny Gorman, North Kingstown RI Realtor, for guidance with real estate.

Feb 17, 2012 08:47 PM #5
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Ginny.   It feels like spring here doesn't it?    It appears that the homes that have sold in January were not on the market  long.    I agree, that anyone thinking of selling should get it on now.   

Feb 17, 2012 09:13 PM #6
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, great information explaining the market in East Greenwich RI!    Getting 95% of list price is getting close!

Feb 17, 2012 11:17 PM #7
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Anita, great town to live in and great schools...

Barbara, more pendings are what is important right now here...

Carol ann,it is just amazing ...just went for a walk along the coastline...super day..

Joan, considering it wasn't the highest end homes...it is still a bit off & i'm sure you'd agree.

Feb 18, 2012 04:52 AM #8
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, I sure hope things keep moving... especially since we had such a mild winter, lets hope you have an early selling season.

Feb 18, 2012 10:19 AM #9
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Congratulations on those sales, Ginny. That's a great report. You trully are north kingstown short sale agents. 

Feb 18, 2012 11:55 AM #10
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

That's great news, Ginny. Congratulations on those 5 sales. You are really doing well as North Kingstown Short Sale Agents. Keep it up. Cheers! 

Feb 19, 2012 08:36 PM #11
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good morning, Ginny.

It is a great time for home buyers to take advantage of the attractive prices and record low mortgage interest rates.

Have an outstanding week.

Feb 20, 2012 07:45 PM #12
Stephanie Anson
Secure Investments Realty - Gainesville, FL
Estates | Homes | Land | Investments

Ginny, thanks for keep us updated with these reports. Keep up the good work as a top North Kingstown short sale agent!

Apr 21, 2012 10:51 AM #13
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this great report. You're doing a wonderful job as a North Kingstown short sale agent. Keep it up!

Apr 23, 2012 11:00 AM #14
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
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