East Greenwich RI Real Estate Market Report – January 2012
5 East Greenwich single family homes have been sold in January 2012, as follows:
1 home sold over $400,000
2 homes sold for between $300,000-$400,000
2 homes sold for under $300,000
There were 115 East Greenwich homes for sale in January 2012 which was a 2% decrease over the prior month. Certainly the choices of homes in all price ranges are there for interested buyers but it was the under $400,000 homes selling this past month. There are 7 luxury East Greenwich homes over $1 million on the market.
January’s pending East Greenwich home sales: 12 homes.
East Greenwich has the homes with amenities buyers want and there are many neighborhood choices to pique your interest. Schools remain a top attraction for living in this town (always being one of the top rated school systems in the state). The historic Main Street in East Greenwich is packed with unique shops and eateries – it is always worth a visit.
There were no East Greenwich short sales sold in January. However, there are 7 short sales in town on the active real estate market.
So in January 2012, the average East Greenwich RI home sold for $320,700, was on the market for 61 days and sold for 93% of list price.
The median priced East Greenwich RI home sold for $315,000, was on the market for 45 days and sold for 95% of list price.
Why wait until the Spring to sell your home? There are buyers looking for homes to buy especially in the under $1 million price range in East Greenwich in good condition. Putting your home on the market when the inventory is low, may get your home sold before the home inventory increases in the Spring.
Give me a call at 401.529.7849 whether you are buying or selling a home to ensure you have an experienced professional and negotiator representing you and guiding you along the home route way. I sell homes in this real estate market!
East Greenwich RI Real Estate Market Report – January.
Ginny Lacey Gorman is your go to North Kingstown Real Estate agent for real estate in East Greenwich 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.