Narragansett Home Market Update November 2015

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4M84
Narragansett Home Market Update November 2015
 
 
narragansett real estate views
 
 
 
The Narragansett home sale market has slowed its pace with sales down 14% over the prior month.  And year over year the home sold values are equal in Narragansett year to date over same period in 2014.  In Narragansett RI coastal real estate yet home values are the showing the highest increase of any southern RI town, up by 7%.    
 
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.
 
 Narragansett Home Sale Update November 2015 for a full discussion of what is happening in this oceanfront home sale market.
 
 
18 homes were sold in November in Narragansett.  Overall, homes in all price ranges if priced well are the hot home commodity here. It may be fall but the buying enthusiasm is still active.   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.

 

Narragansett Home Market Update November 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 agent 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
3,885,100
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 ,

You are the consummate professional REALTOR that lives, works and plays in a most desirable area of our country Narragansett RI. Thank you always for a wonderful update on your wonderful part of our world.

Dec 20, 2015 08:49 PM #1
Rainmaker
3,447,282
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ginny! Water, water everywhere commands a price! Enjoy your day!

Dec 20, 2015 08:50 PM #2
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ginny.  Inventory down, prices up and sales down.  Sounds right to me.

Dec 20, 2015 08:51 PM #3
Rainmaker
2,305,077
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny.  Doing a mortgage application on a Narragansett property, very difficult one to do, dealing with a boatload of back taxes, once it comes together they will save nearly $1000 per month. Will need a lot of luck though.

Hopefully the value increase trend will continue.

Dec 20, 2015 09:26 PM #4
Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good morning Ginny. Thnak you for sharing the real estate market report.

Dec 20, 2015 09:52 PM #5
Rainmaker
3,315,593
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ginny Gorman,  Just wait till Dec. 26, your phone will start ringing with buyers out looking again.  Have a great day!  (I will cook for you anythime)

Dec 20, 2015 11:27 PM #6
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Rainmaker
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Homes for Sale in Southern RI and beyond
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