East Greenwich RI Real Estate Market | December 2012 and Year Recap
Again we are seeing a year of real estate market improvement in single family home sales over 2011 in this Kent County town. Let us look
at how homes are selling this month as well as the year end home sales East Greenwich report for 2012.
The East Greenwich market report for December 2012 indicates the following:
Active homes on the market: 105
December Sold Homes: 9 homes as follows: 3 homes sold for less than $300,000, 2 homes sold between $300,000-$400,000, 3 homes sold for greater than $400,000 and 1 home sold for greater than $1 million.
Average home sold for $457,633 at 93% of list price and days on market was 131.
Median home sold for $400,000 at 95% of list price and days on market was 140.
Pending Homes: 23 homes
East Greenwich RI Real Estate | December 2012 and Year Recap
The following is the Year end recap of sold homes for 2012 as compared to 2011 for single family homes:
Homes Sold Average Sales Price List Price/Sale Price Days on Market
2011: 127 $ 444,557 94% 131
2012: 173 $ 435,205 95% 109
The East Greenwich RI home sales market has been a strong selling market this year with the number of home sales up by 46 homes over prior year. At year end 2012, the number of sales were up 36 % over 2011! Home prices declined here by 2% in 2012 over 2011. Home prices are still just stabilizing here.
Why do people live in the community of East Greenwich RI? Within the Kent County community this suburban community noted for fine homes, great East Greenwich schools, near malls and shopping, closeness to Providence airport and capitol city of Providence makes East Greenwich a choice town. A choice of neighborhoods from country estates to a condo on Main Street is so appealing to buyers. Noted for its great restaurants outside of Providence as well as marinas for the boating enthusiasts.
Looking for a home in East Greenwich RI? Interested in homes for sale in East Greenwich? Call me and let me take the stress out of finding the right East Greenwich neighborhood to live in. As an East Greenwich real estate specialist, I can provide you insight and choices for you nest move.
What are the neighborhoods like in East Greenwich? Such choices of neighborhoods to explore from the historic Hill and Harbor to the Frenchtown area. From waterfront condos to horse farm country living to neighborhoods of choice off Division Street. Many to explore and appreciate.
Now you really want to find a home here right?
If you are interested in the homes for sale in East Greenwich, click the picture to the right for the link. Homes for sale are updated daily with detailed information not available on other RI real estate web searches.
Call me to explore the neighborhoods of East Greenwich and to find the right one for you at 401.529.7849 or email me at RiByTheBay@gmail.com. Not finding what you need now, let’s talk about your needs and desires in East Greenwich living. I’d love the opportunity to help. East Greenwich RI Real Estate | December 2012 and Year Recap.