2Â waterfront Narragansett homesÂ over $1 million
6 homes sold over $400,000
Â 4 homes sold for between $300,000-$400,000Â
Â Â 8 homes sold for under $300,000
Average Home Sale Price in May 2012 was $441,015,Â Â homes sold on average for 93% of list price Â and were on the real estate market for 154 days on average.
Home sales are up 18% over last year same time (May 2012 compared to May 2011) while pending home sales inÂ NarragansettÂ are up 4%â€¦this continues to be good news for sellers.
There wereÂ 179Â Narragansett homes for saleÂ in May 2012 which was a 5% increase over the prior month (9 moreÂ homes for sale). Â Â The choices of homes in all price ranges are here for interested ready, willing and able buyers.Â In theÂ $1 million category of homes,Â there areÂ 37 Narragansett homes for saleÂ right now.Â Â Â The number of homes sold in May was 3 less than the number sold in Aprilâ€¦. and yes, luxuryÂ waterfront Narragansett home salesÂ in thisÂ NarragansettÂ community are selling again.
OneÂ NarragansettÂ short saleÂ sold in May 2012.Â Â Â
If you are financially able it is time to stop renting a home and not build any home equity when there are deals in Narragansett and otherÂ Rhode Island real estateÂ communities to BUY into?
With VA , Affordable housing through Narragansett Housing Authority and USDA loans, buying is possible right now. Â Call me so I may Â put you in touch with a mortgage loan officer who can work with you financially. Â Home ownership is a good feeling when done within your means.
Interested in theÂ Rhode Island real estateÂ marketÂ and need guidance, call me atÂ 401.529.7849Â forÂ my local Narragansett real estate knowledge will guide youÂ wellÂ in this market. Â Market Update Report -Â Narragansett Rhode Island Real Estate.
Â Ginny Lacey GormanÂ is aÂ North Kingstown RealtorÂ who works and knows theÂ Narragansett RIÂ geographic area of homes for sale, schools, happenings, important tidbits of information andÂ Â businessesÂ well.Â Â Waterfront, water view, ocean front, luxuryÂ andÂ coastal Rhode Island real estateÂ are her specialty.Â Â If your consideringÂ Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!Â Â Â Â When you are in need of an internet savvy RI realtorÂ®Â who sells homes in this real estate market,Â call Ginny today atÂ 401.529.7849
This blogÂ Â©Â and its contents is original to Ginny Lacey Gorman
Ginny L. GormanÂ a purveyor of Fine RI Real EstateÂ Â Â
Specializing inÂ waterfront, ocean front, vacation, coastal and luxury homes for sale inÂ North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyondÂ ...Â Â I sell dreams! Â because there is no place like home...the RI Realtor in theÂ Sparkly Red Shoes.
Looking for a terrific Rhode Island Realtor?Â Â Let me GOOGLE one for you!
Â Â Â Â Â Â Â Â Â Â Â Â
cell: 401.529.7849Â Â office: 401.884.4100 ext.268 Â Ginny Lacey Gorman, Realtor