Update | Narragansett Rhode Island | Real Estate Market

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

Update | Narragansett Rhode Island | Real Estate Market .  As one sets out to see the current Narragansett Real Estate Market Update, find out the facts on home sales in August 2012.  

20 Narragansett homes were sold in August, as follows:

1 waterfront Narragansett home sold for over $1 million 

  5 homes sold over $400,000

   10 homes sold betwwen $300,000 - $400,00

    4 homes sold under $300,000

Narragansett RI real estate - Point Judith Lighthouse

Update | Narragansett Rhode Island | Real Estate Market

Narragansett Rhode Island Real Estate home sale information facts is as follows for August:

Median Home Sale Price in August 2012 was $360,000, median price of homes sold was 92% of list price and the median days on market were 102 days.

Home sales are up 54 % over the prior month.  Narragansett real estate sales are up 43% over the same period in 2o11!

Call to Action for Narragansett Homes

There were 169 Narragansett homes for sale in August 2012 which was a 10% decrease in home inventory over the prior month.

In the $1 million luxury Narragansett homes for sale category,  there are 40 homes for sale now.  Coastal and waterfront Narragansett homes for sale attract buyers from up and down the East coast....the beauty of the Narragansett waterfront and lifestyle here is the draw.

Update | Narragansett Rhode Island | Real Estate Market

No Narragansett short sales sold in August.   

Narragansetts pending home sales in August: 27  homes.  Pending sales are up by 1 % over July.  It remains a buyers market in Narragansett but it is improving for sellers.

Interested in the Narragansett real estate market, call me at 401.529.7849 or email me at RiByTheBay@gmail.com for local Narragansett guidance and knowledge.  I have lived, worked and played in this waterfront town.  Narragansett Real Estate Market Update.


 Ginny Lacey Gorman is a Narragansett Realtor who works and knows the Narragansett 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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor





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Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Great Market Report for Narragansett, Rhode Island Ginny, keep up the good work!

Sep 06, 2012 09:37 PM #1
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Ginny.... you have such a vast knowledge of the waterfront communities of RI that anyone who is thinking of a purchase or selling their home in one of these communities should call you for guidance...

Sep 06, 2012 09:42 PM #2
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Captain Wayne, thanks for visiting from FL.

Barbara, Narragansett always has my heart since I love their beaches and homes ...business looks good here.

Sep 06, 2012 09:57 PM #3
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: An excellent Narragansett real estate market report and great news that the numbers are trending upwards too.

Sep 06, 2012 10:25 PM #4
Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Dear Ginny,

Not easy to make a market report so interesting!  Enjoyed it and will pass the lighthouse photo on to my husband who does watercolor paintings of lighthouses.

Have a happy day,

Sep 06, 2012 10:29 PM #5
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Ginny -

Sounds like things are on the upswing in the Rhode Island area!  Awesome news.  Now onward and upward with all thing real estate!  I hope you are looking forward to a great weekend in all you do my friend.

Sep 06, 2012 11:01 PM #6
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Ginny: I love the market report. It is short and sweet. No confusion here!

Sep 07, 2012 01:48 AM #7
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny that is a huge increase in sales.  I hope it keeps going in that direction.

Thanks for the picture of Point Judith, I sailed out of there many times to go deep sea fishing :)

Sep 07, 2012 04:27 AM #8
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this great market report! Keep up the good work as a top North Kingstown short sale agent!

Sep 07, 2012 12:06 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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