Narragansett Home Sales Market Update July 2014

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

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.

Point Judith lighthouse in Narragansett

 

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 2over 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 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:

Narragansett RI Real Estate Market Update June 2014

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. .

If you are considering buying a coastal Narragansett RI home or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent,  today at 401.529.7849 or email me at RiByTheBay@gmail.com.  Let’s discuss your home needs now.  
 
Narragansett Home Sales Market Update July 2014
 

 ~~~~~~~~~~~~~~~~~~~~~~~~~~

 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 RiByTheBay@gmail.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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

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Rainmaker
3,244,401
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I enjoy looking at other areas market reports...well done and thanks for sharing!

Aug 19, 2014 11:21 PM #1
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Ginny, I really like the looks of this area and your description tells me others really like it too. Have a Wonderful Wednesday.

Aug 19, 2014 11:24 PM #2
Rainmaker
456,747
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Very comprehensive market report on the Narragansett real estate market.

I love your photos, this one looks like a post card!

Aug 19, 2014 11:26 PM #3
Rainmaker
5,184,783
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

There's nothing more beautiful than the shores of Narragansett....

Aug 19, 2014 11:49 PM #4
Ambassador
4,108,445
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Ginny

Narragansett is a beautiful community so it's not surprising about the market, and prices. Sounds like there are plenty of options depending on budget and you have the handle on all that for buyers and sellers

Jeff

Aug 20, 2014 12:00 AM #5
Rainmaker
4,209,114
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, sounds like you can find some great deals in Narragansett and buyers need to give you a call when they are ready!  

Aug 20, 2014 12:09 AM #6
Ambassador
3,891,448
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny it isn't good that sale are down 23% but the DOM ionly being 74 days is a good thing in my opinion.  Hopefully the sales will pick back up this month.

Aug 20, 2014 01:36 AM #7
Rainmaker
1,570,710
David Saks
(retired) - Memphis, TN

Great post. Fine information. Hope you have a terrific day ahead.

Aug 20, 2014 02:52 AM #8
Rainmaker
1,808,892
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

Thanks all...I do try to showcase this great coastal town which has the best beaches to enjoy...I so appreciate your stopping by!

Aug 20, 2014 05:23 AM #9
Rainmaker
2,324,815
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: Like always, you provide clear guidance and plenty of quality information about your real estate markets. This is a good report of the Narragansett home sales market.

Aug 20, 2014 07:00 AM #10
Rainmaker
2,295,489
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Very detailed report and easy to understand. Buyers and sellers in this market should be contacting you for representation when they want the best agent in the area.

Aug 20, 2014 08:07 PM #11
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Rainmaker
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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