North Kingstown Home Sales Update May 2013
North Kingstown home sales update for May 2013 provided by Ginny Lacey Gorman of RI waterfront real estate. Home buyers and sellers are ready for the early summer market with a rise in home inventory being experienced and increases in North Kingstown home sales!
- Properties currently active on the market: 195
- Single-family properties closed in May 2013: 27
- Average sales price: $ 352,755 (up from prior month)
- Median sales price: $ 279,000
- Sales price to list price ratio: 97% (96% prior month)
- Average days on the market: 82 (up from prior month)
- Sales currently pending: 51 (13% increase from prior month)
Based on this most recent home sales data, the North Kingstown RI real estate market is still a buyers market.
- Breakdown of the 27 North Kingstown sold homes is as follows for the month: 14 homes sold under $300,000, 6 homes sold between $300,000-$400,000, 6 homes sold over $400,000 and 1 home sold for over $ 1 million. The under $300,000 market is clearly the much desired market in home sales now.
North Kingstown Home Sales Update | May 2013
Interested in North Kingstown homes for sale? Get your pre-approval from your lender in hand and be prepared to buy.
The North Kingstown RI homes for sale in May 2013 is upping its home closing rate. Home sales are surpassing the prior month by 42%. Sales are up this year by 17% over the same time period in 2012.
North Kingstown homes for sale are maintaining the strength for a third month in a row. Even North Kingstown homes going into pending status remained strong and were up 12% over prior month. Strong home interest in buying remains on the top of buyers minds. This town has so much to offer buyers in the way of geographic location, top performing schools and variety of home choices.
Both buyers and sellers can use this information to
determine how North Kingstown home sales in this real estate market is currently performing.
Looking for a RI waterfront Real Estate Agent that knows her North Kingstown real estate market? I market clients’ homes with the most on line exposure resulting in successful home sales. I would love the opportunity to help, call me at (401) 529-7849 to find out what your North Kingstown home is worth and to discuss your housing buying needs.
Contact Ginny Lacey Gorman today at 401.529.7849 or email me at RiByTheBay@gmail.com. North Kingstown Home Sale Update May 2013.