East Greenwich RI Real Estate Report| January 2013
The East Greenwich RI real estate market shows improvement in single family home sales demonstrated by this East Greenwich RI real estate report for January 2013. Let us look at how homes are selling in January, as follows:
Active homes on the market: 104
Pending Homes: 21 homes
Sold Homes: 17 single family
In January, 17 single family sold homes, as follows: 5 homes sold for less than $300,000, 4 homes sold between $300,000-$400,000 and 8 homes sold for greater than $400,000. More detailed sales information is as follows:
Average home sold for $403,117 at 95% of list price and days on market was 108.
Median home sold for $384,000 at 95% of list price and days on market was 106.
East Greenwich RI Real Estate Report | January 2013
Overall January was a selling month for East Greenwich homes with home sales nearly doubling over December’s volume. Days on market decreased and sales to list price increased- all good signs. However, the average sales price did decline slightly. However, we have a true balanced real estate market here (balanced between buyers and sellers).
Comparing East Greenwich home sales for January 2012 to January 2013 showed a 34% increase in real estate sales! Definitely this is great news to all sellers.
Why do people live in the community of East Greenwich RI? Within the Kent County community this suburban town is noted
for fine homes, good East Greenwich schools, near malls and shopping. Its closeness to Providence airport and Providence makes East Greenwich a choice town for commuters. A variety of neighborhoods from country estates to condos on Main Street is so appealing to buyers. Noted for its choice of 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 RI real estate specialist, I can provide you insight and choices for your next move. Let me do a more in depth analysis into what is happening in the market at your price point as well as surrounding towns. I would love the opportunity to help.
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. East Greenwich RI Real Estate Report | January 2013.