Narragansett RI Real Estate Market Report | Update

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

Narragansett RI real estate at Narragansett Beach

As one sets out to see the current Narragansett RI Real Estate Market | Update, find out the facts on home sales in September 2012.  Yes, homes are selling at an even pace and are up by 48% over last year same time.

21 Narragansett homes were sold in September, as follows:

3 waterfront Narragansett homes sold for over $1 million 

  9 homes sold over $400,000

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

    7 homes sold under $300,000

Narragansett RI Real Estate Market | Update

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

Average Home Sale Price in September 2012 was $594,441, average price of homes sold was 89% of list price and the median days on market were 107 days.

Home sales are up 5 % over the prior month. 

Call to Action for Narragansett Homes

There were 161 Narragansett homes for sale in September 2012 which was a 5 % 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.  In September, luxury waterfront homes were being sold quicker then any prior month this year.

 Narragansett RI Real Estate Market | Update

Narragansett short sale sold in September.   

Narragansetts pending home sales in September: 25  homes.  Pending sales are up by 7 % over August.  It still remains a buyers market in Narragansett but it is improving.

Interested in the Narragansett real estate market, call me at 401.529.7849 or email me at for local Narragansett guidance and knowledge.  I have lived, worked and played in this waterfront town.  Narragansett RI 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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Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

Your photograph is very enticing! What a lovely area you live in. You always show it off to it's potential. Excellent Narragansett RI Real Estate Market Report!

Oct 10, 2012 09:31 PM #1
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny,You are fortunate to work and live in such a beautiful area. Most of us have to use our vacation picture if we want to post a similar  scene. Nice report.

Oct 10, 2012 09:36 PM #2
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Three homes for over one million dollars. Did you handle those?

Is that a Castle in the background of your picture.?

So many questions. :-)

Have a great day in North Kingstown.

Best, Clint McKie

Oct 10, 2012 09:44 PM #3
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, this area is so pretty by the bay, and bet those million dollar homes were waterfront with views to a kill.   Great stats for your area.

Oct 10, 2012 09:58 PM #4
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Very good news that the Narragansett RI real estate market is doing much better this year...48% increase is wonderful.

Oct 10, 2012 10:22 PM #5
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Ginny - your beautiful photo makes me want to hop in my car and head to Rhode Island! Great to hear that homes in Narragansett, RI are up by 48% from last year! I think YOU have contributed to that increase greatly!


Oct 11, 2012 12:04 AM #6
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny Narragansett is a beautiful town, I knew that sale had to start going up there soon.

Oct 11, 2012 02:00 AM #7
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Ginny, the surf looks so calm there I might make it across to The Towers and back.  Congratulations on a much more lively market this year!

Oct 11, 2012 04:03 AM #8
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, lovely photo, it almost looks like a sand castle in the distance. I hope you had a majority of those sales!

Oct 11, 2012 05:58 AM #9
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!


Beautiful beach picture. I am beginning to think I live in the wrong state

Oct 11, 2012 06:06 AM #10
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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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