Narragansett RI Real Estate Market July 2013

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

Narragansett RI Real Estate Market July 2013. 

 The Narragansett RI real estate market update for the month is provided by Ginny Lacey Gorman of RI waterfront real estate.

Narragansett waterfront real estate 

The following is the July 2013 single family home sales and activity in Narragansett real estate: 

  • Properties active and on the market178
  • Single-family properties closed in July 2013: 23
  • Average sales price: $354,265
  • Sales price to list price ratio: 95%
  • Average days on the market: 80
  • Sales currently pending: 22
  • Narragansett RI real estate home sales took off in the spring yet summer has slowed which is not unusual for this market Even the Narragansett luxury home market was not making waves with no waterfront homes sold this month.  However, the homes that did sell sold in less than 3 months.  Which means right price, condition and location were the winning sold homes.
  • Breakdown of the 23 Narragansett RI home sales in July is as follows: 11 homes sold under $300,000, 4 homes sold between $300,000-$400,000 and 8 homes sold over $400,000.  In July, the $300,000 - $400,00 home was the one that generated the most buying interest.  

           Catch the waves with the most current Narragansett RI Real Estate Market July 2013 right here.

Narragansett RI waterfront real estate

Home sales were up by 35% this month over the prior month and homes sold on average within 3 months.  The Narragansett RI home sales market has picked up a bit for this month in 2013.  Pending home sales slowed also with pending sales 22% lower than the prior month.  Home sales though are up 77% over July 2012.  This town's real estate home sales has been up and down but is still strong and improving.

Narragansett home sales through July are still below year to date 2012 yet home prices are up by 1% this year.

Looking to buy a Narragansett home for sale?  You’ve come to the right place!  

Narragansett is a waterfront Washington county community that is known for its beaches, oceanfront and water view homes,  great 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  Let’s discuss your home wants and needs now.  Let my on line real estate sales program work for you!  Narragansett RI Real Estate Market July 2013. 
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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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Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: You know your markets very well and that knowledge beams through in this Narragansett RI real estate report.

Aug 11, 2013 09:33 PM #1
Bobbie Smith
Stroudsburg, PA

Ginny, What a great report. Love those house pics added in. That's a nice touch. Glad to see these fabulous market areas from around the Country. Have A Great Day!

Aug 11, 2013 09:44 PM #2
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I like the report, I see that this market is getting stronger. With the number of days on the market going down, tells me values are getting stronger.
Make it a great week!

Aug 11, 2013 10:42 PM #3
Janis Borgueta
Key Properties of the Hudson Valley - Newburgh, NY
LIC RE Salesperson

Your number of days on the market is strong. Your knowledge of what is happening around the area is great and buyers are wise to seek your services when looking for that waterfront property in Rhode Island.

Aug 11, 2013 11:12 PM #4
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Looks like thee markets are holding steady in

Narragansett RI Real Estate Market

I hope the trends continue as well.

You do a very good job in promoting your area.

Have a wonderful day in north Kingstown.

Best, Clint McKie

Aug 11, 2013 11:15 PM #5
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Ginny, I am just amazed that your market improved so much over 2012 (77%). Our market is pretty much the same. Go figure.

Aug 11, 2013 11:34 PM #6
Christine Pappas - REALTOR®
eXp Realty - Willoughby, OH
eXp Realty - Because Experience Matters

Ginny, you provide the best Real Estate Market Reports for the Narrangansett Ri residents

Aug 12, 2013 05:52 AM #7
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny valuable information  as always, and Narragansett is a great town to live in.  Days On the Market going down is a good positive sign. 

Aug 12, 2013 10:08 AM #8
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
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