Narragansett Real Estate Market Update | March 2013. The Narragansett RI real estate market data for the month is provided by Ginny Lacey Gorman of RI waterfront real estate.
The following is the March 2013 single family home sales and activity in Narragansett real estate:
Properties active and on the market: 134
Single-family properties closed in March 2013: 18
Average sales price: $ 363,594
Sales price to list price ratio: 92%
Average days on the market: 87
Sales currently pending: 10
Narragansett home sales are bounding upwards and improving this real estate market. All signs indicate that this market ismoving closer to a balanced market. Equally beneficial for both buyers and sellers.
Breakdown of the 18 Narragansett RI home sales in March is as follows: 5 homes sold under $300,000, 5 homes sold between $300,000-$400,000 and 8 homes sold over $400,000. In March, the over $400,000 home was the one that generated the most buying interest.
Narragansett Real Estate Market Update | March 2013
Home sales were up dramatically in March by 126% and homes sold in half the time over the prior month! The Narragansett RI home sales market had been a strong selling market in 2012 and has blossomed with the spring blooms in housing sales.
Narragansett is a waterfront Washington county community that is known for its beaches, oceanfront and water view homes, ecletic restaurants and high scholastic ranking schools.
Looking for a coastal RI real estate agent that not only knows her Narragansett RI real estate market and markets her clients homes with the utmost exposure on line? I would love the opportunity to help you. Call me today, Ginny Lacey Gorman, waterfront RI real estate agent, at 401.529.7849 or email me at RiByTheBay@gmail.com. Let’s discuss your home needs now. Let my on line real estate sales program work for you! Narragansett Real Estate Market Update | March 2013.
Ginny Lacey Gorman is a Rhode Island waterfront Real Estate Agent who works and knows the Narragansett RI geographic area of homes for sale, schools, happenings and important tidbits of information well.
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.