Narragansett RI Home Sales Update June 2015

Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
Narragansett RI Home Sales Update June 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 wrong.  Home sales are up over the prior month by 65%.  And year over year the home sold values are down by 8% year to date in RI coastal real estate as well as home sales.    Inventory for homes is different from last year and not as plentiful adding to this decrease.
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.
Highest priced home sold:  $ 1,999,999 at $343/square foot of living space
Lowest price home sold:  $145,000 at $172/square foot of living space
28 homes were sold overall in June.  Overall, homes in all price ranges if priced well 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 or call me, Ginny Gorman, at 401.529.7849 when you are ready to market your home or buy in this Narragansett town.


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


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 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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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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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ginny.  It is still location, location, location.  Nice report.

Jul 26, 2015 09:08 PM #1
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, Home buyers and sellers in the area will appreciate this information.

Jul 26, 2015 09:44 PM #2
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Ginny Gorman it sounds like most of RI along the coast, anyway, is rallying.... or is it because of the season....

Jul 26, 2015 09:47 PM #3
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Definitely pent up demand and the season Barbara Todaro ...most of these homes were in agreement in early May...latecomers lose out!

Jul 26, 2015 09:56 PM #4
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Those are some very good numbers, hope this trend continues and values continue to improve.

Make it a great week!


Jul 26, 2015 10:37 PM #5
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, glad to hear the market is still brisk and know if buyers are looking in    Narragansett home sale market  they should give you a call! 

Jul 26, 2015 10:37 PM #6
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ginny, Glad to hear the market is still going strong in Narragansett, hope it stops for 1 week for you to get some rest.

Jul 26, 2015 11:00 PM #7
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It looks like the summer started off with a bang. I hope you are having a wonderful time selling homes in Narrangansett, Ginny.

Jul 26, 2015 11:07 PM #8
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Excellent report, Ginny! You did a good job on this market update and I'm sure buyers and sellers in the area also appreciate the information.

Jul 27, 2015 01:19 AM #9
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny seeing sales going up like this is very encouraging.  Hope this is a sign of us turning the corner here in the Northeast.

Jul 27, 2015 12:06 PM #10
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Ginny Gorman 

Really nice report and great picture. Have a wonderful week. 

Jul 27, 2015 01:23 PM #11
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Ginny Gorman ,

Excellent overview of the real estate market in Narrangansett RI. I'm with George Souto "Hope this is a sign of us turning the corner here in the Northeast!" Nice report Ginny.

Jul 27, 2015 09:47 PM #12
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Ginny Gorman

Homes for Sale in Southern RI and beyond
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