Narragansett RI Real Estate Market Update. Â
waterfront on Galilee beach
Narragansett RI Real Estate Market UpdateÂ September 2012. Â Discover the facts on home sales in thiswaterfront RI real estate town.. Â Know what you are looking for, what is selling and price ranges ofÂ Narragansett homes for sale. Â Is it still a buyers market? Â Yes, it is but waterfront RI real estate is selling in Narragansett.
21 Narragansett homes were sold in September, as follows: Â Â
Â Â 3Â Â waterfront Narragansett homes sold for over $ 1 million Â Â Â
Narragansett Rhode Island Real Estate Market Update
Â Â 9 homes sold over $400,000
Â Â Â Â 2 homes sold between $300,00- $400,000
Â Â Â Â 7 homes sold for under $300,000
Narragansett RI Real Estate Market Update
NarragansettÂ Rhode Island Real EstateÂ Home Sale Information Facts:
Average Home Sale Price in September 2012 was $594,441,Â Â homes sold on average for 89% of list price Â and were on the real estate market for 107 days on average.
Home sales are up 5 % over the prior month. Â
Narragansett home sales are up 48% over last year same time (September 2012 compared to September 2011). Â This is again a good sign to the local housing market.
There wereÂ 161Â Narragansett homes for saleÂ in September 2012 which was a 5 % decrease over the prior month.
The choices of homes in all price ranges are there for interested ready, willing and able buyers. Â Ensure you are pre-approved through a mortgage lender so you are ready to make an offer and know your home price range.
In theÂ $1 million category ofÂ luxury Narragansett homes for sale,Â there areÂ 40 homes for sale. Â And yes, luxury sales in thisÂ waterfront NarragansettÂ community are selling slowly.
Narragansett RI Real Estate Market.
The number of homes sold in September was 1 more than homes sold in August.
1Â NarragansettÂ short saleÂ sold in September.Â Â Â
Narragansettâ€™sÂ September pending home sales:Â 25 Â homes. Â Pending sales are up down by 7% over the prior month.
Fall weather is here, mortgage rates are amazingly low so what are you waiting for! Â It is a great time to buy as well as enjoy waterfront Narragansett RI real estate!
Interested in theÂ Rhode Island real estate marketÂ and need guidance, call me atÂ 401.529.7849Â forÂ my local Narragansett real estate knowledge and guidance. Â I lived in Narragansett for many years and know its nooks & crannies of real estate well.Â Â Narragansett RI Real Estate Market.
Ginny Lacey GormanÂ is your go toÂ Narragansett RealtorÂ® for real estate inÂ Narragansett RIÂ and beyondâ€¦knowing the geographic area, schools, happenings, important tidbits of information andÂ businessesÂ well.Â Â Â Â
Waterfront, oceanfront, luxury and coastal Rhode Island real estateÂ are my specialty but all of RI is my backyard.Â So feel free to search forÂ RI Homes for Sale.Â Â When you are in need of a true real estate professional for your buying, selling or relocating needs and an internet savvy RealtorÂ®Â whoÂ sells RI housesÂ in this real estate marketÂ callÂ GinnyÂ atÂ 401.529.7849.