Charlestown RI Market Report - May 2012

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

Charlestown RI Market Report - May 2012.Charlestown RI Beach view of Block Island

 16 Charlestown RI homes have been sold in May2012:

4 homes sold for over $400,000

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

6 homes sold less than $300,000

There were 122 Charlestown RI homes for sale in May 2012.

Home sales are up 128% over the prior month which is an encouraging real estate sign.  

Average Home Sale Price in May 2012 was $301,571,  homes sold on average for 92% of list price  and were on the real estate market for 109 days on average.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month (such as at  Quonnie) are shared here.  From West Beach to East Beach to the Ninigret neighborhood of homes there are many great Charlestown RI locales to view.
Search for Rhode Island real estate for sale in all beach communities and throughout RI.  Summer activities will be happening here from the Charlestown Seafood festival to the music festival of Rhythm and Roots.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and ocean view Charlestown RI homes for sale.  However, the current absorption rate for the homes on the market is a buyers market.  When inventory levels are at a 6 month home absorption rate, it is considered a balanced market.  Less than 6 months of home inventory and it becomes a sellers market again.

There were no Charlestown short sales that closed in the month of May.

There were 21 Charlestown RI pending home sales awaiting closing in May. Pending sales are down by 22% from the month of April but still active.

When you have amazing white shell sand beaches and quiet living, it is a huge draw for buyers all around New England and beyond. Come and visit! Explore the uniqueness of this oceanfront town.   Charlestown RI Market Report - May 2012.


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 Rhode Island real estate are her specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    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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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, This is another great market report. You always provide good information for consumers.

Jun 16, 2012 08:42 PM #1
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: No one knows the Charlestown RI real estate market better.  Another fine report that gives your consumers key information they can use when ready to buy or sell.

Jun 16, 2012 08:50 PM #2
JOSH EVANS *JoshEvansHomes 516-655-5000
Village Properties of Mineola, LLC - Mineola, NY
Great blog and great job. Keep up the good work and good luck to you this year. Thanks
Jun 16, 2012 08:58 PM #3
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Gita, knowing the Charlestown RI real estate market is important to my clients..thanks

Anita, thank you for the support

Josh, many thanks

Jun 16, 2012 10:52 PM #4
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hello Ginny,I always love the pictures you post when you share with us your Market Report.heheh Thanks for the update.Best of luck and continue being number one North Kingstown Short Sale Agent.


Jun 16, 2012 11:43 PM #5
ActiveRain City and State Listing Group
Christiansted, VI

You might consider adding your listing and market report posts to our group: City & State: Listings and Market Reports


Please read the guidelines for best results. Our members must being getting some web results because they add their posts on a regular basis.



Jun 17, 2012 01:01 AM #6
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

katerina, many they say pictures are a 1000 words!

Don, i ususally do slipped my finger this time!

Jun 17, 2012 01:28 AM #7
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Ginny - Thank you for sharing detailed quality information on Charlestown, RI market report May 2012.

Jun 17, 2012 01:36 AM #8
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this great report. Keep up the good work and I wish you more success as a top North Kingstown short sale agent!

Jun 18, 2012 12:46 PM #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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