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
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!
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.
No Narragansett short sales sold in August.
Narragansett’s 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.
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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 market, call Ginny today at 401.529.7849.
