Charlestown RI 02813 Real Estate Market Report – Year End

2011 Charlestown RI Real Estate Stats

Sunrises in Charlestown RI are stunning!

 

Charlestown RI 02813 Real Estate Market Report – Year End

 

8 Charlestown RI homes have been sold in December:

1 waterfront Charlestown RI home sold for over $1 million

2 homes sold for over $400,000

2 homes sold between$300,000- $400,000

3 homes sold less than $300,000

 

There were 100 Charlestown RI homes for sale in December 2011 which was a another decrease over the prior month (18 less homes for sale).

 

This is the fourth month of a decline in real estate inventory in Charlestown RI homes for sale.  One less home sold this past month over the prior month.

 

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 12 months which is definitely a buyers market.

 

19 Charlestown RI pending home sales awaiting closing in December

Overall 108 Charlestown RI homes were sold in 2011.

 

– Average Charlestown home sold for $456.671

Charlestown homes were on the market for 133 days

Charlestown homes sold for 91% of list price

8% more Charlestown homes sold in 2011 than 2010

 

Charlestown RI Market for December 2011 & Year End

Charlestown RI Market sells strong under $300,000

 

As you can see 47% of the 2011 Charlestown RI homes sold were under $300,000, 20% were $300,000-$400,000 and 33% were over $400,000.    During 2011, 7 Charlestown RI homes sold for over $1 million.  Still Charlestown remains a great and expansive location for luxury and oceanfront homes to buy in.  Charlestown RI is the only Washington County town with an increase in 2011 homes sales.

 

Other South County RI Year End Real Estate Market Reports:

 

Narragansett RI Real Estate Market Report – Year End

North Kingstown RI Real Estate Market Report – December 2011 & Year End

South Kingstown RI Real Estate Market Report for 2011

 

Out of state and in state buyers continue to search for waterfront Charlestown RI homes for sale. When you have great beaches, peaceful living and low taxes, it is a fantastic draw for buyers all around New England and beyond. Come and visit!

 Charlestown RI 02813 Real Estate Market Report- Year End.

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

 

As North Kingstown short sale agents, 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.

 

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