Narragansett RI Home Sale Market June 2014

By
Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4l8z

 

The Narragansett RI Home Sale Market June 2014 is feeling a wave of home sales this month.

In fact, this real estate market is up 5% in home closings over the prior month.

Narragansett RI Real Estate Update June 2014

As this is one of the RI real estate best coastal beach towns to reside in, Narragansett homes for sale offer a variety property choices from home sellers.  

 Claim your cottage or have plenty of cash for your Ocean Road home.   Let us take a look at what the market is doing this June in home sales…

The Narragansett real estate June 2014 update is as follows:

  • Properties active and on the market: 187 (20% higher than May)
  • Single-family properties sold in the month: 22 (up by 5% from May)
  • Average sales price: $ 550,000
  • Sales price to list price ratio: 95% 
  • Average days on the market: 92 
  • Sales currently pending: 21

Narragansett homes sale absorption rate increased to 8.5  months worth of home inventory.  It is a buyers real estate market here. But thinking you can find a house at Narragansett Pier is not so easy.  Only 4 homes available under $800,000 there right now...it is the hottest home market in years here.

So the Narragansett home sale market from January 2014 through June 2014 shows home sales up by 9% over the same time period in 2013.  However, the Narragansett home prices have dropped by 3% over the same time period 2014 over 2013.  Still Narragansett is a brisk home sale market that appeals to many buyers.  It is all about being by the Narragansett beaches!

Narragansett RI Home Sale Market Update June 2014

  • Breakdown of the 22 Narragansett home sales in June is as follows: 8 homes sold under $300,000, 9 homes sold between $300,000-$400,000, homes sold over $400,000 and 2 homes sold over $1 million.   

Staying informed on Narragansett Home Sales in June 2014 is key to every homeowner who is thinking of selling their home soon.  

 

Consider an agent that uses state of the art aerial videos to showcase, market and sell Narragansett homes.  Online marketing is key to bringing in the highest qualified buyers for your home.

The Narragansett home sales market continues to increase significantly since 2011.

The Narragansett homes sale market remains steady and is increasing this summer.  This RI waterfront community in Washington county is known for its beaches, oceanfront Narragansett Pier,  fabulous seafood restaurants and top RI public schools.

Looking to buy a Narragansett home for sale?  You have come to the right place!  Let me help guide you through the southern RI real estate maze of homes. 

 originally posted at Narragansett RI real estate update June 2014 by Ginny Gorman of RI coastal real estate

 

Narragansett RI Home Sale Market June 2014

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 Ginny Lacey Gorman is your go to Rhode Island coastal real estate agent for Narragansett RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email me at ginny@RiHouseHunt.com to make an appointment to discuss your home needs!
 
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 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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Rainmaker
653,941
Bobbie Smith
Stroudsburg, PA
570-242-1891

Ginny, Great Comprehensive Market Report for Consumers.

Now is the time to buy - call Ginny Gorman, your Narragansett RI Real Estate Specialist TODAY!

Have A Great Weekend Ginny!

Jul 24, 2014 09:32 PM #1
Rainmaker
878,458
Janis Borgueta
Key Properties of the Hudson Valley - Newburgh, NY
LIC RE Salesperson

It is always great to see sales moving up! You certainly are the Queen of the market in Narragansett RI. It is most important to know all the stats when working for your clients.

Jul 24, 2014 09:56 PM #2
Rainmaker
4,235,299
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, nice to see Narragansett homes sales up 5%, and hope this trend continues through the rest of the year!

Jul 24, 2014 11:21 PM #3
Rainmaker
986,118
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

GLG, Narragansett RI sounds AWESOME!

Jul 25, 2014 02:09 AM #4
Rainmaker
2,329,246
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Great news that the Narragansett RI real estate market is performing well with solid growth in sales and new inventory.

Jul 25, 2014 06:40 AM #5
Rainmaker
2,304,702
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Hope some of these numbers continue throughout the rest of the year. Your area is fortunate to have you available to handle the real estate needs in  Narragansett.

Make it a great weekend!

Jul 25, 2014 09:08 PM #6
Rainmaker
1,030,533
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Your report shows that Narrangansett is moving along swimmingly Ginny.  I also am impressed by the median age of residents there.  What a fabulous family oriented destination it is.  TO THE BEACH! 

Jul 25, 2014 10:00 PM #7
Rainmaker
1,811,923
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Narragansett Pier the 'downtown' of Narragansett has become the 'Southhampton' of RI & properties are hard to find here to buy now.

Jul 29, 2014 09:09 PM #8
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Rainmaker
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Ginny Gorman

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