Narragansett Real Estate Report Update 2012

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

Narragansett Real Estate Report Update 2012

Narragansett Real Estate Report Update 2012.

Real estate market date for Narragansett, RI provided by Ginny Lacey Gorman of waterfront RI real estate.

Narragansett Beach- Narragansett RI real estate

The following are the December 2012 monthly numbers of home sales:

  • Properties active and on the market: 112
  • Single-family properties closed in December 2012: 10
  • Average sales price: $ 657,240
  • Sales price to list price ratio: 90%
  • Average days on the market: 94
  • Sales currently pending: 22
  • Breakdown of the 10 Narragansett RI home sales in December is as follows: 2 homes sold under $300,000, 2 homes sold between $300,000-$400,000 and 4 homes sold over $400,000 and 2 homes sold for over $1 million.  In December the over $400,000 home was the one that generated the most buying interest. 

Narragansett Real Estate Report Update 2012

The 2012 calendar year of Narragansett home sales as compared to 2011 is as follows:

   Homes Sold                 Average  Sales Price        List Price/Sale Price                Days on Market

2011:     144                              $ 477,348                              92%                                  139

 2012:    213                              $ 529,761                              92%                                  140

The Narragansett RI home sale market has been a strong sales market this year with the number of home sales up by 69 homes over 2011.  At year end 2012, the number of sales were up 48% over the prior year.  Narragansett home prices rebounded here by a 11% increase in 2012.

Looking to buy a Narragansett home for sale?  Click the link and search for homes for sale.

Looking for a waterfront RI realtor that not only knows her South County RI real estate market but markets her clients homes with maximum exposure on line?  I would love the opportunity to help you.  Call me today.


If you are considering buying a coastal Narragansett RI home or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent,  today at 401.529.7849 or email me at  Let’s discuss your home needs now.  Let my on line real estate sales program work for you!  Narragansett Real Estate Report Update 2012.

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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.


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Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: With that amazing beach I can see why so many are buying homes in Narragansett RI. 

Jan 16, 2013 08:27 PM #1
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Narraganstt has been very good to me over the years, I have a number of clients that have beach properties there. I did a half dozen refinances their in 2012.

Jan 16, 2013 08:28 PM #2
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

The photo is every's not a wonder homes are being purchased in Narragansett, RI. Of course the one to call for assistance is Ginny Gorman!!

Jan 16, 2013 08:33 PM #3
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny it would be great to see another improvement like that for 2013 over 2012 :)

Jan 16, 2013 08:38 PM #4
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
Ginny, anyone looking to buy a home in RI should call you. You are the local expert.
Jan 16, 2013 09:09 PM #5
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

That's a lot of homes that ha been sold in the past year. I hope you had a lrge portion of those.

Have a great day selling in North Kingstown.

Best, Clint Mckie

Jan 16, 2013 09:40 PM #6
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, real estate has really heated up in Narragansett over the last couple of years.   Take advantage of the historical low rates, and call Ginny Gorman today.

Jan 17, 2013 03:47 AM #7
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Ginny, thanks for sharing Narragansett 2012 update. Sounds like Narragansett did a great job last year compared to 2011. I'm sure 2013 will be an even greater year than last's. Stay the best North Kingstown short sale agent.

Jan 17, 2013 04:08 AM #8
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Oh my gosh, I want to be on that beach. What a wonderful spot to call home - no wonder it's doing so well. ( You're the lady to call for a home buyer or seller in Narrangansett!

Jan 17, 2013 04:24 AM #9
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Ginny, oh for just one day of bathing suit weather!  Looks like you all are having an upward swing, too. 

Jan 17, 2013 05:48 AM #10
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist

That's one great bounce back coming off from 2011. I hope the upward trend continues all throughout 2013. Keep it up and continue to be the number one North Kingstown short sale agent.

Jan 17, 2013 05:49 AM #11
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Ginny, glad to hear Narragansett's 2012 was awesome. That's really a very good improvement. Hope things turn out well this year. Continue to be an awesome North Kingstown short sale agent.

Jan 17, 2013 06:06 AM #12
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Ginny L., what's not to like in this picture?  Prices UP, # Sales UP, Sparkly Shows ON, oh, and the picture, summer will be there before you know it. 

Jan 17, 2013 06:11 AM #13
Debbie Harr
Homes that Click Realtors - Columbus, OH
Realtor Homes That Click, Worthington Ohio Homes

Love the numbers Ginny. This just shows how dedicated you are being a top notch North Kingstown short sale agent. Wishing you all the best this 2013!

Jan 17, 2013 06:18 AM #14
Debra Parker
Debra Parker Real Estate, Inc. - Stuart, FL
Realtor - Stuart Florida Homes for Sale

Those are great figures Ginny. Great post. Congratulations with how Narragansett did last year. You really are the finest North Kingstown short sale agent.

Jan 17, 2013 06:33 AM #15
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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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