October’s East Greenwich RI Real Estate Market Update

October’s East Greenwich RI Real Estate Market Update

October 2012

 

The East Greenwich market report for October 2012 indicates the following:   

October's East Greenwich RI Real Estate Market Update

Town Hall of East Greenwich

Active homes on the market: 140  (+7% increase in homes for sale over the prior month)

Sold Homes in October: 8 homes (-30% decrease in sold homes over the prior month):

8 homes sold: 1 home sold< $300,000, 1 home sold $300,000-$400,000 and 6 homes sold >$400,000

            Average home sold for $471,921 at 96% of list price and days on market was 87.

            Median home sold for $481,000 at 95% of list price and days on market was 78.

Pending Homes:  9 homes ( -30% decrease in homes over the prior month)

 

Although the East Greenwich RI real estate market had a slump in October overall this year it is just slightly ahead in sales over last year for the same time period.  Home sales have not started to show great signs of improvement yet.

 

Why do people live in the community of East Greenwich RI?  Within the Kent County community this affluent community noted for fine homes, great East Greenwich schools, near malls and shopping and 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?  Then click that link to find

East Greenwich RI Real Estate Market Stats

Click on the picture for current homes for sale

all available homes for sale in East Greenwich.

 

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.  You will not be disappointed.

 

Now you really want to find a home here right?  If you are interested in the homes for sale in East Greenwich, click 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 one for you at 401.529.7849.  I’d love the opportunity to help.

October’s East Greenwich RI Real Estate Market Update.

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 Ginny Lacey Gorman is your go to East Greenwich Rhode Island agent for real estate in East Greenwich RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!

Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI is my backyard.   When you are in need of a true real estate professional for your buying, selling or relocating needs and an internet savvy marketer who sells RI houses in this real estate market call Ginny at 401.529.7849.

Comments

  1. says

    Excellent summary here of you Market Report.Straight to the point and easy to understand.Great job Ginny.You’re definitely an expert and top notch North Kingstown Short Sale Agents.

    Wellington Florida Short Sale Agents

  2. says

    Hello Ginny, East Greeenwich looks amazing here.Definitely a great place to live in.Good luck on the business and stay top notch North Kingstown Short Sale Agents.

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