Narragansett RI Real Estate Market Report - April 2012

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

Narragansett RI Real Estate Market Report- April 2012.

Narragansett RI Real Estate- Narragansett Pier

Narragansett real estate is maintaining sales volume as an increased interest in waterfront homes is shown by sold and pending sales which continue to happen in Narragansett real estate.

23 Narragansett homes have been sold in April 2012, as follows:

2 waterfront homes over $1 million

8 homes sold over $400,000

7 homes sold for between $300,000-$400,000
6 homes sold for under $300,000

Narragansett Home Sale Information Facts:

Average Home Sale Price in April 2012 was $508,626,  homes sold on average for 89% of list price  and were on the real estate market for 139 days on average.

Home sales are up 130% over last year same time while pending home sales in Narragansett are up 67%…this is encouraging news for sellers.  It also lets buyers know that now is not the time to sit on the fence to buy.

Buyers are definitely out there buying this time of year!

There were 170 Narragansett homes for sale in April 2012 which was a 5% decrease over the prior month(9 less homes for sale).   In the $1 million category,  there are 36 luxury Narragansett homes for sale right now.     This is a  waterfront Narragansett town that is known for its beaches, restaurants and beach living style, it is one to consider in your Rhode Island real estate home search.

No Narragansett short sales sold in April.   

Narragansett’s April pending home sales: 30  homes.  Pending sales are equal to the prior month which is great.  The number of homes sold in April were 13 greater than in March 2012.  Spring is here and arriving with buyers looking for housing…so spruce and stage the home if you are a seller considering selling…

Narragansett High School has just place #4 in the state for its outstanding educational rankings.  The focus on education in this town in the last few years has brought the educational process to higher levels for all students and is an important point to consider when buying into a town.

Interested in the Rhode Island real estate market and need guidance, call me at 401.529.7849 for my local Narragansett real estate knowledge will guide you well in this real estate market. Narragansett RI Real Estate Market Report - April 2012.


 Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett RI 02882 geographic area of homes for sale, schools, happenings, important tidbits of information and  businesses well.  Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are her specialty, so call Ginny for your buying and selling Narragansett 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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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, sounds like Narragansett is doing very well in sales, and love that sales average!   Two waterfront homes over $1 million sounds like great purchases!

May 18, 2012 11:02 PM #1
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Ginny - your market information is so helpful to consumers as it's easy to read and understand. As summer is fast approaching I'm sure people are flocking to Narragansett  - a beautiful New England coastal town! Have a great weekend! 

May 18, 2012 11:18 PM #2
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Contact Realtor® Ginny L. Gorman for all your Narragansett RI Real Estate needs.  Put Ginny's real estate knowledge to work for you today. 

May 18, 2012 11:42 PM #3
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Ginny: Do you have any listings right now? We are beginning to run low on inventory at our office since buyers are coming out of the woodwork.

May 19, 2012 12:01 AM #4
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Ginny,I'm very happy with your market update.Excellent work guys!I'm sure more success will come your way.Keep it up being number one Northkingstown short sale agent.


May 19, 2012 01:28 AM #5
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY

Sounds like the market is doing fantastic in Narragnasette Rhode Island. Sell those homes Ginny!

May 19, 2012 03:54 AM #6
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny WOW that is a HUGE increase in sales.  Wouldn't it be great to see that every month?

May 19, 2012 07:00 AM #7
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Looks like you will need to add a few sales agents.

The sale look really good.

And no short sales in April. Keep up the good work.

Good for you.

Best, Clint McKie

May 19, 2012 11:14 AM #8
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this great report. Keep up the good work as a top North Kingstown short sale agent! I think you're doing a great job so far.

May 21, 2012 11:46 AM #9
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Ginny Gorman

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

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