Charlestown RI 02813 Real Estate Market Report – January 2012

Charlestown RI 02813 Real Estate Market Report – January 2012

 

 

11 Charlestown RI real estate homes have been sold in January:

1 waterfront Charlestown RI home sold for over $1 million

2 homes sold for over $400,000

1 home sold between$300,000- $400,000

7 homes sold less than $300,000

There were 97 Charlestown RI homes for sale in January 2012 which was  another decrease over the prior month (3 less homes for sale).  This is the fifth month of a decline in real estate inventory in Charlestown RI homes for sale.  One less home sold this past month over December.

 

Average Home Sale Price in January 2012 was $406,545,  homes sold on average for 95% of list price  and were on the real estate market for 194 days on average.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month (such as at  Quonnie) are shared here.  From West Beach to East Beach to the Ninigret neighborhood of homes there are many great Charlestown RI locales to view.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and ocean view Charlestown RI homes for sale.  However, the current absorption rate for the homes on the market is 9 months and remains a buyers market.  When inventory levels are at a 6 month home absorption rate, it is considered a balanced market.

There were no Charlestown short sales that closed in January.  There are 3 short sale Charlestown homes on the market right now for buyers.

21 Charlestown RI pending home sales awaiting closing in January. Pending sales are up by 3 homes over the prior month and that is a good sign for sellers as buyers become more active. 

 When you have white sand beaches, serene and quiet living and do not forget the low taxes, it is a fantastic draw for buyers all around New England and beyond. Come and visit! Charlestown RI Real Estate Market Report- January 2012.

Catch up on last year’s market report:

2011 Charlestown RI Market Report.

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 Ginny Lacey Gorman is your go to North Kingstown Real Estate agent for real estate in North Kingstown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information and businesses well.

 As a North Kingstown short sale agent, if you are having trouble paying your mortgage contact Ginny to help you through the short sale process successfully.

   Waterfront, oceanfront, luxury and coastal RI real estate are her specialty but all of RI is her backyard.  When you are in need of a good professional for your buying and selling needs and an internet savvy marketer who sells RI houses in this real estate market – call Ginny at 401.529.7849.