Narragansett Home Sales Market Update July 2014
The Narragansett RI home sales market update for July 2014 is retrenching in home sales.
In fact, this Narragansett real estate market is down 23% in home sales this month over the prior month.
As this is one of the RI coastal real estate best coastal beach towns to reside in, Narragansett offers a variety property choices from home sellers. The choice of beaches is numerous here and you may garner one of your own if you have the deep pockets for it.
Let us see the detail on the real estate scene for this home market this month....
The Narragansett home sale market July 2014 update is as follows:
- Properties active and on the market: 203
- Single-family properties sold in the month: 17
- Average sales price: $ 432,000
- Sales price to list price ratio: 96%
- Average days on the market: 74
- Sales currently pending: 17
Narragansett Pier has minimal homes for sale and the price point will put you up over $600,000 for a home. This neighborhood is the 'hot' market if you can not afford over $ 1 million for homes along Ocean Road.
So the Narragansett real estate market from January 2014 through July 2014 shows home sales up by 2% over the same time period in 2013.
And the Narragansett home prices have increased by 1 % over the same time period 2014 over 2013.
Breakdown of the 17 Narragansett home sales in July is as follows: 3 homes sold under $300,000,5 homes sold between $300,000-$400,000 and 9 homes sold over $400,000.
Staying informed on Narragansett Home Sales in July 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 your Narragansett home with the most current online marketing tools way. Online marketing is a key tool in marketing your home and having that sold sign in front of the house.
Another past Narragansett Home Sale Report:
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. .