Narragansett RI Home Sales Update April 2015

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4Dnz
Narragansett RI Home Sales Update April 2015
 
Pt. Judith Lighthouse Narragansett real estate
 
Homes are still selling well and if you thought the Narragansett home sale market had slowed its pace you would be right.  Certainly the winter storms put a damper on sales over last year at the same time, but homes are up over the prior month.  And year over year the home sale dollars on closed homes are up by 3% so far this year in RI coastal real estate but home sales are down!  
 
Why does Narragansett command a higher dollar value per square foot of home sold as compared to neighboring towns?
 
 This is a fact out of state buyers have difficulty understanding.  You are nearly surrounded by the ocean...this oceanfront, beach access, beachfront and nearly walk to water community commands the dollars because of the ocean.  In buyers minds, it is that amazing location that is so different that increases the dollars for every house here.
 
April's home sales figures shows the following in Narragansett:
 
Highest priced home sold:  $1,500,000 at $417/square foot of living space
 
Lowest price home sold:  $20,000 at $233/square foot of living space
 
14 homes were sold overall in April.  Overall, homes under $400,000 are the hot home commodity here.  I know this Narragansett town so well having lived in it for many years and loving its beaches.  Email me at ginny@RIHouseHunt.com when you are ready to market your home or buy in this Narragansett town.

 

What is Happening in the Narragansett RI Real Estate Market April 2015?

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Ginny Lacey Gorman is your go to Narragansett Rhode Island waterfront and luxury real estate agent for southern RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information. Email her at Ginny@RiHouseHunt.com 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 Gorman at  401.529.7849 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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cell: 401.529.7849      Ginny Lacey Gorman, Realtor

www.RIHouseHunt.com

 

                                      

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Location:
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Tags:
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Rainmaker
4,432,941
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate the information.

May 19, 2015 08:55 PM #1
Rainmaker
581,878
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Ginny,

I am wondering if check what the value of this waterfront in Zillow. Does it recognize that it is a waterfront?

The location, as you mentioned, make the properties on the water very expensive. Much more than properties not on the water.

Anyone who is buying a piece of paradise in Narragansett, RI, should only be contacting the lady with red shoes.

May 19, 2015 09:59 PM #2
Rainmaker
3,960,121
Dorie Dillard CRS GRI ABR
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny,

The old adage Location...location ..comes in to play with your beautiful beach front homes! Great marketing report!

May 19, 2015 10:00 PM #3
Rainmaker
2,333,841
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. That is continued good news coming out of your area, hope the positive trends continue.

May 19, 2015 11:19 PM #4
Ambassador
4,028,488
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny, Narragansett was my favorite place to skip high school classes at just a few short years ago :) :) :)

May 20, 2015 04:39 AM #5
Rainmaker
2,354,972
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: No agent does a better job of explaining what the Narragansett real estate market is up to. Nicely done.

May 20, 2015 08:08 AM #6
Ambassador
2,725,375
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Awesome market update, Ginny! Wishing you all the best.

 

May 24, 2015 04:27 AM #7
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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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