Narragansett Home Market Update February 2016

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Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate
https://activerain.com/droplet/4Qd8

Narragansett Home Market Update February 2016

 
 
narragansett real estate views
 
 
 
The Narragansett home sale market has slowed its pace with sales down substantially over the prior month.  Yet pending home sales are up by 33%.   In Narragansett RI coastal real estate home values are up too by 15% for year over year for the first two months of 2016 over 2015.    
 
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.
 
Go to  Narragansett Home Sale Update February 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.
 
 
9 homes were sold in February 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 February 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:
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Rainer
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Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ginny.  Pending sales are up along with prices going up.  Excellent news.

Mar 29, 2016 09:07 PM #1
Rainmaker
4,432,267
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 this information.

Mar 29, 2016 10:02 PM #2
Ambassador
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Ginny Gorman . Thank you for sharing the update on what is happening in your market area. With things on the rise, it should be good news for all.

Mar 29, 2016 10:25 PM #3
Rainmaker
2,268,227
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Ginny. Those are some serious improvements, lets hope these trends continue moving in the right direction.

Mar 29, 2016 11:16 PM #4
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny those are excellent increases in sales over the same time last year.  Spring is here and the numbers will get even better.

Mar 30, 2016 09:31 AM #5
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Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
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