Narragansett Home Sale Update October 2014

Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

Narragansett Home Sale Update October 2014


 The Narragansett RI home sale update for October 2014 is continuing its upward trend.


In fact, this Narragansett real estate market is up by 15% in home sales this month over prior month.  Overall the Narragansett home sale market is up 8% this year through October as compared to same time period in 2013.  Home sale equity values increased slightly, by .4%, over this same time period.  


Narragansett RI Real Estate Market Update October 2014


As this is one of the RI coastal real estate waterfront beach towns to reside in, Narragansett offers buyers property choices.  The choice of beaches is numerous here and you may buy one of your own if you so choose.

The Narragansett home sale market October 2014 update is as follows:

  • Properties active and on the market: 146 
  • Single-family properties sold in the month: 31 
  • Average sales price: $ 497,000 
  • Sales price to list price ratio: 97% 
  • Average days on the market: 90 
  • Sales currently pending: 13  

It is still a balanced real estate market here. One of the neighborhoods in demand is Narragansett Pier which has few homes on the market, homes here go into contract quickly and the price point will likely put you up over $550,000 for a move in ready home here.


Narragansett RI Real Estate Market Update October 2014

  • Detail breakdown of the 31 Narragansett home sales in October is as follows: 6 homes sold under $300,000, 12 homes sold between $300,000-$400,000, 11 homes sold over $400,000 and 2waterfront homes sold for over $1 million.  


Consider an agent that uses state of the art aerial videos to showcase, market and sell your Narragansett home the right way.  Online marketing is a key tool in marketing your home successfully with all the real estate noise out there.  Choose wisely. 

The Narragansett homes sale market remains steady, is hot with buyers and is continuing now into the fall.  This RI waterfront community in Washington county is known for its beaches, oceanfront Narragansett Pier,  fabulous seafood restaurants and great RI public schools.

Narragansett RI Real Estate Market Update October 2014


Looking to buy a Narragansett home for sale?  Let me help guide you through the southern RI real estate maze of homes.  My knowledge of Narragansett neighborhoods ( Great Island, Calef Avenue, Harbour Island, etc.) and Narragansett RI condo complexes will serve you well.

If you are considering buying a coastal Narragansett RI home or interested in selling your home, contact Ginny Lacey Gorman today at 401.529.7849 or email me at  Let’s discuss your home needs now.  Let my on line real estate marketing program work for you!
Narragansett RI Home Sale Update October 2014
This post was originally posted by Ginny Lacey Gorman on RI coastal real estate as Narragansett RI Real Estate Market Update October 2014.
Ginny Lacey Gorman is your go to Narragansett Rhode Island waterfront Realtor® for Narragansett RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information. Email her at to make an appointment to discuss your real estate 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 at401.529.7849 today.
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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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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for a very informative market update. I love reading from around the country and hearing how the market is in various places

Nov 17, 2014 08:47 PM #1
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: The Narragansett real estate market continues to press forward with good results. Good to see this market doing well this late in the year.

Nov 17, 2014 08:56 PM #2
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Ginny Gorman what a great market update as usual!  This information is perfect for buyers and sellers alike.

Nov 17, 2014 10:43 PM #3
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny, Narragansett is one of my favorite towns in RI, so I am glad to see the market is doing well there.

Nov 18, 2014 09:39 AM #4
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Some positive signs in your report, hopefully these signs continue to trend int he right direction.

Nov 18, 2014 06:46 PM #5
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Thanks for sharing the market update. I am glad to read that it is doing well.

Nov 22, 2014 07:41 PM #6
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Homes for Sale in Southern RI and beyond
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