Narragansett Home Market Update March 2016

By
Real Estate Agent with RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate

Narragansett Home Market Update March 2016

 
 
narragansett real estate views
 
 
 
The Narragansett home sale market has picked up its pace with sales up substantially over the prior month.  Pending home sales are up by 108%.   In Narragansett RI coastal real estate home values are up too by 68% for year over year for the first three months of 2016 over 2015!  What an astounding rise in home sales.  
 
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 March 2016 for a full discussion of what is happening in this oceanfront home sale market.  Yes, and three multi million dollar homes sold this month too.
 
 
15 homes were sold in March in Narragansett.  Overall, homes in all price ranges if priced well are the hot home commodity here. It is spring and the buying enthusiasm is very 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 March 2016

~~~~~~~~~~~~~~~~~~~~~

 
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.
Posted by

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!

            

Facebook   Flckr  LinkedIn RSS Feed to My Blog

You Tube button    Twitter Follow Ginny Lacey Gorman on Pinterest

 

cell: 401.529.7849      Ginny Lacey Gorman, Realtor

www.RIHouseHunt.com

 

                                      

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Rhode Island Washington County Narragansett
Groups:
Active Rain Newbies
Realtors®
City and State
Market Reports
Addicted to Active Rain

Spam prevention
Show All Comments
Rainmaker
2,318,432
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Ginny: It sure sounds like buyers are finding exactly what they want in the Narragansett RI real estate market right now. Good review of this market.

Apr 28, 2016 08:58 PM #1
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Ginny.  Wow!  Have your prices reached the highs of 2007/8?  Thanks.

Apr 28, 2016 09:07 PM #2
Rainmaker
4,432,467
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.

Apr 28, 2016 09:21 PM #3
Rainmaker
4,159,370
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ginny, nice market update for Narragansett  and you are the expert to call when buyers or sellers are thinking of moving.

Apr 28, 2016 10:50 PM #4
Rainmaker
2,281,967
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Wow, that is a serious increase in sales, love to see that continue. Very well done report.

Apr 29, 2016 05:23 AM #5
Ambassador
3,855,580
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ginny glad to see the housing market in Narragansett doing so well.  Narragansett is one of my favorite RI towns.

Apr 29, 2016 08:24 AM #6
Rainmaker
1,803,522
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

It is an amazing upturn in this Narragansett town in real estate....listings are needed here that are priced right.

Apr 29, 2016 08:58 PM #7
Rainmaker
3,300,181
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Not tooo many places where you can go and have water front and water back...now you can use that term waterback to market all of your Rhode Island lovelies !

Apr 29, 2016 09:35 PM #8
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,803,522

Ginny Gorman

Homes for Sale in North Kingstown RI and beyond
Need help Selling or Buying RI real estate? Call me
*
*
*
*
Spam prevention

Additional Information