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Ginny Gorman's Blog

By Ginny Lacey Gorman | Agent in North Kingstown, RI

Real Estate Market Report -Charlestown RI 02813

Quonnie Pond- Charlestown RI 02813

Real Estate Market Report -Charlestown RI 02813 for May 2011 is as follows:

9 Charlestown RI homes have been sold in May:

3 homes sold over $400,000
3 homes sold for between $300,000-$400,000
3 homes sold for under $300,000

There were 127 Charlestown RI homes for sale in May 2011 which was a 9 % increase over the prior month (13 more homes for sale). The increase in home inventory benefits buyers looking for homes in the area now. With the warmer weather, all along the coastal RI shore is absolutely beautiful for any buyer.

Why do I share Charlestown RI real estate market reports with you, the consumer, every month? First and foremost, it is to give you a better insight into the number of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month for the Charlestown neighborhoods (such as Quonnie) that interest you. If your are a Charlestown home seller, it gives you information on recent home sales for the pricing of your home. My web site will give you more information into all the Charlestown RI homes for sale that will be of interest to you.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and coastal Charlestown RI homes for sale are selling. Honestly, the sales were spread out among all price levels this past month which means that if the location, condition and price for a home is excellent it will be a seller in this real estate market!

Mortgage rates have dropped again and remain at low rates for all buyers. It is a great time for Charlestown RI home buyers to find the neighborhood of their choice and then their price range. Prices continue to be at attractive levels for buyers with great lending terms and rates to match. I can recommend a number of lenders to you if you are at a loss of who to use.

Pending home sales have increased by 7 homes over April 2011 and there are 17 homes in pending status in Charlestown RI. It is a better outlook for the real estate market when pending home sales remain steady.

Out of state buyers continue to search for oceanfront and coastal Charlestown RI homes for sale. I do expect real estate to be remain active this summer in all price ranges and especially for beach and vacation homes. Out of state buyers especially love the 'Hamptons feel' of the town of Charlestown RI. When you have great town beaches here, it is always a fantastic draw for buyers. Real Estate Market Report -Charlestown RI 02813.

original post: Charlestown RI 02813 Real Estate Market Report

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Ginny Lacey Gorman is a North Kingstown RI Realtor who works and knows the RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, oceanfront, luxury and coastal RI homes for sale are her specialty, call Ginny for buying and selling expertise in homes. So feel free to search for RI homes for sale it is free and no hassle. When you are in need of an internet savvy RI Realtor® who SELLS RI houses in this real estate market, call Ginny today at 401.529.7849.

original post: Charlestown RI 02813 Real Estate Market Report

This blog © and its contents is original to Ginny Lacey Gorman

Ginny L. Gorman a purveyor of Fine RI 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, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.

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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor


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