What is the Narragansett Real Estate Market August 2015?

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4Jkd
What is the Narragansett Real Estate Market August 2015?
 
narragansett real estate views
 
 
 
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 50%.  And year over year the home sold values are down in Narragansett by 3% year to date in RI coastal real estate.    Inventory for homes is different from last year and has increased.
 
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:  $ 1,325,000 at $610/square foot of living space
 
Lowest price home sold:  $230,000 at $163/square foot of living space
 
30 homes were sold overall in August.  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 ginny@RIHouseHunt.com 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 the Narragansett Real Estate Market August 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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Rainmaker
1,760,379
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

So interesting! Our sales drop historically in August while yours soar! Now I know where the homebuyers from DC go in August - you get them in Narragansett! 

Sep 17, 2015 09:15 PM #1
Rainmaker
3,438,993
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Ginny, given the price ranges and need for local knowledge, a buyer's first step should be calling you. Enjoy your day!

Sep 17, 2015 09:16 PM #2
Rainmaker
3,324,453
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Waterfront is attractive to many people and commands the price !

Sep 17, 2015 10:17 PM #3
Rainmaker
2,303,025
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Good to know that numbers are improving. That pretty much follows our overall numbers for mortgages in RI.

Sep 17, 2015 11:02 PM #4
Ambassador
1,491,649
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Ginny Gorman Wow!  This is really a great real estate market report and update.  Very insightful information for buyers and sellers alike!  Thank you for sharing!

Sep 17, 2015 11:42 PM #5
Rainmaker
3,307,890
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow Ginny Gorman up over 50% from the month before.  That is exciting.  Hope you have a great day!

Sep 18, 2015 01:04 AM #6
Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information baout your real estate market.

Sep 18, 2015 07:43 AM #7
Ambassador
3,909,090
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny a 50% increase over July is huge.  Either July was a very bad month or August a fantastic month.  I hope it is because August was a fantastic month.

Sep 18, 2015 10:13 AM #8
Rainmaker
4,229,785
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, so glad to hear the Narragansett real estate market is still going strong, and hope this continues for you! 

 

 

Sep 19, 2015 12:03 AM #9
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Rainmaker
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Ginny Gorman

Homes for Sale in Southern RI and beyond
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