Narragansett RI Homes for Sale Market May
The Narragansett home sale market has jumped up with home sales homes sold up 86% over the prior month. In Narragansett, RI coastal real estate home sold values are up over last year by 12%. When the average price of a sold home is over $550,000, you know you are in a top real estate area.
Why does Narragansett command a higher dollar value per square foot of home sold ($275 per square foot) 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 May 2017 for a full discussion of what is happening in this oceanfront home sale market on www.RIHouseHunt.com. This is the original article shared from the RI real estate web site of Ginny Gorman, RI coastal real estate agent.
26 homes were sold this month in Narragansett. Overall, homes in all price ranges if priced well are the hot home commodity here but the over $400,000 market is hot. It is the time of year that inspires all and 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. Homes sell every month of the year!
Email me at RiByTheBay@gmail.com or call me, Ginny Gorman, Narragansett real estate agent at 401.529.7849 when you are ready to market your home or buy in this Narragansett town. Having the right representation is the key to successful buying or selling. Let me earn your business and trust with strong marketing and negotiation skills that works only for you.
Narragansett Home Market Update May 2017