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Ginny Gorman's Blog

By Ginny Lacey Gorman | Agent in North Kingstown, RI

Narragansett RI Real Estate Market is Hot

Discover the Narragansett RI Real Estate Market.

Scarborough Beach in Narragansett real estate

24 Narragansett homes were sold in June, as follows:

2 waterfront Narragansett homes sold for $2 million and over

4 homes sold over $400,000

  11 homes sold for between $300,000-$400,000 

   7 homes sold for under $300,000

Narragansett RI Real Estate Market is Hot

Narragansett Rhode Island Real Estate Home Sale Information Facts:

 

Average Home Sale Price in June 2012 was $595,154,  homes sold on average for 94% of list price  and were on the real estate market for 98 days on average.

 Narragansett RI Real Estate Market is Hot

Home sales are up 20 % over the prior month of May 2012. Narragansett home sales are up 33% over last year same time (June 2012 compared to June 2011). 

There were 191 Narragansett homes for sale in June 2012 which was a 7% increase over the prior month(12 more homes for sale).

The choices of homes in all price ranges are there for interested ready, willing and able buyers.  In the $1 million category of Narragansett homes for sale,  there are 36 luxury homes for sale.


The number of homes sold in June was 4 less than the number sold in May…. and yes, luxury waterfront sales in this waterfront Narragansett community are selling again.


Narragansett’s June pending home sales: 18  homes.  Pending sales are down by 31% over the prior month.  It still remains a buyers market.

Why would you continue to RENT a home and not build any home ownership equity when there are great deals in Narragansett and other Rhode Island real estate communities to BUY a home?

Narragansett RI offers a shoreline that is amazing with waterfront and waterview homes to buy.  From beach to coastal living, it is what attracts thousands to this community every year for sheer beach enjoyment, fantastic restaurants and healthy good times.  Come discover why we say " It is all about the Beach"!

Interested in the Rhode Island real estate market and need guidance, call me, Ginny Lacey Gorman, at 401.529.7849 for my local Narragansett real estate knowledge and guidance.  I spent several years living in Narragansett.  Narragansett RI Real Estate Market is Hot.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett RI geographic area of homes for sale, schools, happenings, important tidbits of information and  businesses well.  Waterfront, water view, ocean front, luxury and coastal Rhode Island real estate are her specialty.  If your considering Buying, Selling or Relocating to Rhode Island and need a real estate Professional it would be my pleasure to help you!    When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849

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.

Looking for a terrific Rhode Island Realtor?  Let me GOOGLE one for you!

             

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

www.RIHouseHunt.com

Comments

By Timothy M. Garrity,  Fri Jul 6 2012, 07:19
Great picture!

Timothy M. Garrity - REALTOR | http://phillyurbanliving.com
By Ginny Lacey Gorman,  Fri Jul 6 2012, 08:06
thanks Tim...it is a great beach & Narragansett has many beaches to enjoy !

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