Colonial Style Home Prices in North Kingstown RI for June 2014
Real estate market data for North Kingstown, RI provided by Allison Bernard of Keller Williams Realty Central Rhode Island With Offices In East Greenwich, Cranston and Narragansett.
North Kingstown Home Prices
We have seen 9 months of listing price increases and decreased on home prices in North Kingstown ending at over a $50,000 increase in value. Is the market on desirabe Colonials Homes in North Kingstown stabilizing? If you are considering buying a home you can still find deals on a house in North Kingstown but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the North Kingstown home on which you are making an offer.
If you are interested in how much current inventory is on the market in North Kingstown you can find that information by clicking on the link. Currently in this area of North Kingstown, homes have a median time of 67 days on the market before they sell. Days on market had decreased over 20% each of the last two years. Listing price is close to selling price for colonials in North Kingstown this year. There were 12 colonials sold in North Kingstown this year, the same as number of units sold in June last year.
Market Trends For List Price Market Trends for Days On Market
North Kingstown Real Estate Report Summary for Colonial Homes
The median list price in November for single family homes in North Kingstown is $449,000. The list prices decreased by 15% from the previous month.
The price per square foot for listings in this area is $188.
The median sale price in June for single family homes is $392,000. The average sale prices for colonials in North Kingstown increased by 9% from the previous month.
The price per square foot for sales in this area for colonials is $183.
Find Homes for Sale in North Kingstown RI
Visit my website to search for homes in North Kingstown or to be notified when North Kingstown homes come on the market.
To find out what you home is worth in the current market Visit RIhome.org or call 401-533-6916.