North Kingstown RI real estate market for July 2013

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

North Kingstown RI real estate market for July 2013 is provided by Ginny Lacey Gorman of RI waterfront real estate.  It has been another good month for North Kingstown home sales as this town boogie boards through the summer.

The following is July 2013 North Kingstown single home market data:   North Kingstown RI coastal real estate

  • Properties currently active on the market: 215 
  • Single-family properties closed in July 2013: 32   
  • Average sales price: $267,975
  • Sales price to list price ratio: 95%
  • Average days on the market: 92
  • Sales currently pending: 35

North Kingstown's home market is 6.7 months of home absorption inventory.   The North Kingstown home sale market is continuing its continuing paced sale of homes especially in the much sought after under $300,000 home market. 

  • Breakdown of the 32 North Kingstown sold homes in July is as follows: 25 homes sold under $300,000, 2 homes sold between $300,000-$400,000 and 5 homes sold over $400,000.  The under $ 300,000 market is the strongest market in home sales and especially true in the one level ranch market.  
  • The number of homes on the market increased 10% this month.  However, home sales decreased by 24% over the prior month.  Average home sale prices decreased by 15% over the prior month too.  The drop in average sales price is due to the large number of homes sold under $300,000.

Pending home sales indicate a slowdown in the North Kingstown home market and pendings are down by 8% over the prior month.   This is not unusual as we head into the vacation time of summer in the North Kingstown coastal area.  Homeowners buying like to have their home in agreement earlier in the summer season so their children can be registered in their new schools for fall.

Wickford RI harbor - Wickford RI real estate

 
Looking to buy in North Kingstown?  Search for North Kingstown homes for sale here.  As a suburb of Providence, this town offers buyers great schools, amazing choices in home prices, coastal activities to enjoy and quiet North Kingstown neighborhoods life style.
 

Looking for a RI waterfront real estate agent that knows the RI real estate market?  Marketing clients’ homes with strong on line exposure everyday results in successful sales at the highest price for my sellers.  Call me and let me do it for you too.   I would love the opportunity to help you in your home search or home sale.

Contact Ginny Lacey Gorman today at 401.529.7849 or email me at RiByTheBay@gmail.com.  Working with home sellers to market homes on line for the best sales exposure.  Talk to me about how I can market your home today!   North Kingstown RI Real Estate Market July 2013. 

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Ginny Lacey Gorman is a waterfront Rhode Island Real Estate Agent who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings and important tidbits of information well.  I live, work and live life well here. 

Coastal, water view, ocean front, luxury and waterfront Rhode Island real estate are my specialty.  If you are  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
5,028,703
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny.... you are in the ideal market....a level market.... a good balance of active and closed transactions.... those who are thinking of making a move would be wise to call Ginny Gorman for guidance in the North Kingstown RI area.

Aug 04, 2013 09:14 PM #1
Rainmaker
651,152
Bobbie Smith
Stroudsburg, PA
570-242-1891

Ginny, What a great market you are in! Hope this trend continues and you do not become "short" on new listings as other markets across the Country have. Have A Great Day!

Aug 04, 2013 09:42 PM #2
Rainmaker
2,309,333
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: You are the North Kingstown real estate expert and this very thorough market report gives consumers a good synopsis of the market. 

Aug 04, 2013 09:48 PM #3
Rainmaker
2,264,855
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

The number of days on the market continues to improve. A really good sign going forward.

Make it a great week!

Aug 04, 2013 10:22 PM #4
Rainmaker
694,665
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Being at the 95% ratio is a good thing. Most homes here are at that number as well.

Keep up the good work you do so well.

Have a good week ahead in North Kingstown.

Best, Clint McKie

Aug 04, 2013 10:28 PM #5
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, you provide excellent information for any North Kingstown home buyers!     Buyers would be wise to call the expert in the area before making any decisions on a home purchase.

Aug 05, 2013 12:28 AM #6
Rainmaker
1,793,577
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Hi, i love this market it feels and is so much more healthier....Sharing the true market happenings in North Kingstown seems to work for my blog readers and more...thanks!

Aug 05, 2013 11:54 AM #7
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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