North Kingstown RI Market Report Update

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/JvS

North Kingstown RI Market Report Update.  

Narragansett Bay - North Kingstown RI real estate

Where is the North Kingstown RI Real Estate Market in September 2012?

 
 As a southern RI waterfront community, North Kingstown is a wonderful community to live in and enjoy.  Here are the market stats for the September home sales, as follows:

North Kingstown Rhode Island Real Estate Market Update

 

16 North Kingstown homes sold

  3 homes sold over $400,000

  5 homes sold for between $300,000-$400,000

   8 homes sold for under $300,000

 

Median Home Sale Price in September 2012 was $265,000, homes sold for 95% of median list price and were on the real estate market for 64 days.  Median price is down and days on market to a sales agreement is up.  

There were 188 North Kingstown homes for sale in September 2012 which is a 10% decrease in home inventory over August.

Yet, if you look at the sales numbers above it is interesting how strong the North Kingstown real estate market is here for homes under $300,000.  However, home sales in North Kingstown dropped by 36% last month, yet pending home sales balance  it off by being up 48%.

There was 1 North Kingstown short sale sold in September 2012.


North Kingstown RI has a supply of waterfront North Kingstown homes for sale for over $1 million.  There were 11 North Kingstown luxury homes for sale over $1 million.

There are 39  pending homes sales at present which is a 48% increase from August.   It remains a good time to buy Rhode Island real estate while mortgage rates remain low and home choices are available.  Begin to explore some of the North Kingstown neighborhoods here .

When you need local real estate guidance call me at 401.529.7849 and let my Rhode Island real estate knowledge guide you.   I’d love the opportunity to help or email me at RiByTheBay@gmail.com to schedule an appointment.

Where is the North Kingstown RI Real Estate Market Today?

~~~~~~~~~~~~~~~~~~~~~~~~~

Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings and important tidbits of information well.


Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are my 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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Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Good to read that there is a decrease in inventory from August.

Oct 01, 2012 09:07 PM #1
Rainmaker
5,028,837
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny.... it's always a good sign to see inventory decreasing and pending sales increasing.... but we need to start replacing the pending homes with fresh inventory or we're going to have another crisis.

Oct 01, 2012 09:21 PM #2
Rainmaker
2,309,343
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: With so many pendings a rebound in closed sales for the North Kingstown real estate market seems very likely.

Oct 01, 2012 09:24 PM #3
Rainmaker
739,690
Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Ginny:   Great report keep up the good work and good luck with your business,  E

Oct 01, 2012 09:31 PM #4
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny my nephew lives in North Kingston, and has a house that would be between $600,000 to $700,000.  Does that market seem to be improving in price or are they still declining?

Oct 01, 2012 10:16 PM #5
Rainmaker
308,508
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Folks looking to buy or sell in the North Kingstown RI area will appreciate the info here.   They should contact Ginny Gorman for guidance when buying or selling a home.  

Oct 01, 2012 10:17 PM #6
Rainmaker
4,101,315
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, sales look very strong in North Kingstown, and buyers and sellers should call Ginny Gorman for all real estate needs!

Oct 01, 2012 11:09 PM #7
Rainmaker
506,030
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, prices are good and that keeps things moving....and the Realtor that knows the market will keep things moving for the buyers and sellers as well. Ginny Gorman, your Realtor in the know.

Oct 02, 2012 11:52 AM #8
Ambassador
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hello Ginny,I'm glad you guys are doing great.Thanks for this comprehensive and summary of your Market Report.Keep it up being the best North Kingstown Short Sale Agent. 

Oct 03, 2012 02:06 AM #9
Rainmaker
709,157
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

I love reading reports like this.I wish you continued success and Thank you for always keeping us posted.Continue doing great as North Kingstown Short Sale Agent. 

 

Oct 03, 2012 09:12 PM #10
Rainer
71,755
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny,

Thanks for sharing this great report. You really know your market well. Keep up the good work as a top North Kingstown short sale agent!

Oct 05, 2012 11:54 AM #11
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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