Narragansett Home Market Update January 2016

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4PbD

Narragansett Home Market Update January 2016

 
 
narragansett real estate views
 
 
 
The Narragansett home sale market has slowed its pace with sales down 31% over the prior month.    In Narragansett RI coastal real estate home values are up too by 4% for year over year.    
 
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.  Land here is at a premium cost also.
 
  Narragansett Home Sale Update January 2016 for a full discussion of what is happening in this oceanfront home sale market.  Yes, and two multi million dollar homes sold this month too.
 
 
18 homes were sold in January in Narragansett.  Overall, homes in all price ranges if priced well are the hot home commodity here. It may be winter but the buying enthusiasm is still active.   I know this Narragansett town so well having lived in it for many years, loving its beaches and know the neighborhoods and best buys well.
 
 Email me at ginny@RIHouseHunt.com or call me, Ginny Gorman, Narrgansett real estate agent at 401.529.7849 when you are ready to market your home or buy in this Narragansett town.  Let me earn your business and trust.

 

Narragansett Home Market Update January 2016

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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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Location:
Rhode Island Washington County Narragansett
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Rainmaker
1,763,499
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I ink it is interesting to see the market reports around the country. We are starting to shift here in Maryland. Prices are okay but inventory is growing 

Feb 25, 2016 08:18 PM #1
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ginny.  Is the lack of inventory that caused the sales volume to drop?

Feb 25, 2016 08:20 PM #2
Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Ginny, You always provide good information about your real estate market.

Feb 25, 2016 08:25 PM #3
Rainmaker
3,447,392
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Ginny. It is easy to understand, water, water, water everywhere! Enjoy your day!

Feb 25, 2016 08:35 PM #4
Rainmaker
3,885,173
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 ,

Love the photos you have taken of your market area..really shows the flavor of your community. Love the information your provide on your real estate market..easy to understand!

Feb 25, 2016 10:04 PM #5
Rainmaker
4,237,129
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, you are the expert in  Narrgansett   and buyes should give you a call when they need more information or want to see properties.  

Feb 25, 2016 10:38 PM #6
Rainmaker
2,329,817
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: That is a view worth seeing over and over. Good preview of the NarragansettRI real estate market.

Feb 26, 2016 05:07 AM #7
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. You have a very good handle on this market, smart idea for anyone considering selling to contact you.

Feb 26, 2016 06:13 PM #8
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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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