Charlestown RI Home Sale Market December 2013 and Year End Report

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
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Charlestown RI Home Sale Market December 2013 and Year End Report

Charlestown RI home sale market update for December 2013 and year end is provided by Ginny Lacey Gorman of RI coastal real estate.

Real estate here, year to date, is down 31% over 2012 and home sale prices fell back by 11% over the same timeframe.  The 2013 real estate market in Charlestown is feeling a single family home buying pull back this year.

The Charlestown RI home sales market for the month of December 2013 is feeling the distinct winter blues as sales decrease in this waterfront town over the prior month.

East Beach in Charlestown RI

Charlestown RI waterfront 

 

Nestled in the southern part of Rhode Island between Westerly and South Kingstown RI, this town offers beachfront and rural homes for the home buyer.  It is the coastline and serene surrounding landscapes that draw home buyers to this location for year round and vacation homes.   Here is the December 2013 home sales update for the month, as follows (year end recap farther down the page):

  • Properties active and on the market72 
  • Single-family properties closed: 5 
  • Average sales price:                $ 494,000 
  • Sales price to list price ratio: 96%
  • Average days on the market: 87
  • Sales currently pending: 8 
oceanfront beach in Charlestown RI real estate Charlestown RI oceanfront is fantastic

Charlestown RI home sales and prices decreased this month as no luxury oceanfront homes sold either for $1 million plus.  Now with the changes in flood plains and insurance, waterfront homes will be evaluated with this in  mind.  

 

Charlestown’s home absorption rate remains a buyers real estate market.

  • Home absorption is the amount of time it will take to sell all the homes currently on the market without any additional homes being added to the current real estate market.

      • Breakdown of the 5 Charlestown RI home sales is as follows for the month: 3 homes sold under $300,000 and 2 homes sold over $400,000.     Charlestown RI homes sales still indicate that the best value for location, taxes and coastal living is the under $300,000 home market here. 

 Charlestown RI Home Sale Market December 2013 and Year End Report

It is the change in Charlestown home sales prices and numbers from 2012 to 2013 that shows a slowing in this market.  With home sales down 31% and home sales prices down 10% year over year.  The year 2012 was an incredibly strong home market that was not followed in the 2013 year.

 

Year Homes Sold Average Sales Price List Price/Sale Price Days on Market
2012 147 $457,000 94% 128
2013 112 $412,000 95% 128

  

Search for Charlestown RI homes for sale here.  If you do not find what you are looking for, call me at 401.529.7849.   I know about new homes for sale here prior to coming to market.  Be prepared and ready to buy.

Looking for a Charlestown RI waterfront real estate agent ? Ginny Lacey Gorman knows her RI waterfront real estate market.  I would love the opportunity to help you in your search or sale.  Knowing current FEMA flood map changes, building construction needs in coastal areas and staying abreast of RI septic changes is a part of my skills set for my valued clients.

Contact Ginny Lacey Gorman today at 401.529.7849 or email me at Ginny@RiHouseHunt.com.  Charlestown RI real estate home sales information give home buyers and sellers the home information to make sound real estate decisions.   Charlestown RI Home Sale Market December 2013 and Year End Report.

View Charlestown RI 02813 in a larger map

 

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 Ginny Lacey Gorman is your go to Charlestown waterfront Rhode Island real estate agent…knowing the Charlestown RI geographic area, schools, happenings and important tidbits of local information.  Email her at ginny@RIHouseHunt.com to make an appointment to find the home of your dreams too!
 
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor® who sells RI houses in this RI real estate market call Ginny 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

www.RIHouseHunt.com

 

                                      

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Rainmaker
2,310,560
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Hopefully homebuyers will be out in force this year, pushing the Charlestown RI real estate market to better and higher heights.

Jan 28, 2014 07:46 PM #1
Rainmaker
694,665
Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Ginny,

Pretty good numbers. We have about 68 homes on the markets here in Carlsbad. The lowest level we have had in years.

Have a great day in North Kingstown.

Best, Clint McKie

Jan 28, 2014 07:48 PM #2
Rainmaker
4,432,267
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, I am sure the sales decreased because of the weather. Anyone looking to sell their home should call you and list their home.

Jan 28, 2014 07:54 PM #3
Rainmaker
651,152
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Ginny, Excellent market report. Loaded with detail for the consumer. NOW is the time to buy Charlestown RI real estate while the inventory is high and prices are best. Hope more Buyers come in and call you soon!

Jan 28, 2014 08:18 PM #4
Ambassador
3,983,264
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Ginny, I felt the winter blues in December but January is showing great potential. The weather is a hindrance but the next few months should be very active.

Jan 29, 2014 12:36 AM #5
Rainmaker
4,108,894
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 know your market, and great information on Charlestown.   If buyers want more information on the area, they would be wise to give you a call!

Jan 29, 2014 09:11 AM #6
Ambassador
3,823,858
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny I am surprised the number are that far down from last year.  Charlestown is a great place to own a home, I would imagine Buyers will be looking to purchase in Charlestown again soon.

Jan 29, 2014 09:21 AM #7
Rainmaker
506,030
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Ginny, great to see the market is moving all around....I have 4 to close between now and March! Horray!

Jan 29, 2014 09:23 AM #8
Rainmaker
1,794,177
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

Yes, it is interesting on the decline in home sales & prices here but a lot had to do with inventory which just wasn't there on the lower end for the buyer unfortunately.  See 2014 better for this town.

Jan 29, 2014 07:53 PM #9
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Rainmaker
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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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