Real Estate Market Report – Charlestown RI 02813

Real Estate Market Report – Charlestown RI 02813

 

-September 2011

 

11 Charlestown RI homes have been sold in September:

1 home sold over $1 million (waterfront Charlestown home)

  1 home sold for over $400,000

3 homes sold between$300,000- $400,000

6 homes sold less than $300,000

 

There were 140 Charlestown RI homes for sale in September 2011 which was a 4 % decrease over the prior month (6 less homes for sale). Of the Charlestown RI homes on the market 20 of them are over $1 million.

 

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month for Charlestown neighborhoods (such as Quonnie) that may be on your radar are shared here. The number of Charlestown RI homes sold nearly tripled in August! This was a huge burst of activity and buying especially in the under $300,000 category.

 

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and coastal Charlestown RI homes for sale are being viewed but are not in the active sales right now. The Charlestown RI home sales were spread out among the under $400,000  price levels.

 

Charlestown RI pending home sales have decreased by 3 homes over August 2011 with 15 homes in pending status right now. To be in ‘pending’ status is to be awaiting on the closing of the home i.e. there is a signed purchase and sales agreement on the home.

 

Out of state buyers continue to search for oceanfront Charlestown RI homes for sale. I do expect real estate to remain constant this fall especially in the lower price ranges and for waterfront and vacation homes. When you have great beaches and low taxes, it is a fantastic draw for buyers all around New England and beyond.

 

Real Estate Market Report – Charlestown RI 02813.

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Ginny Lacey Gorman is your go to North Kingstown real estate agent for homes in Charlestown RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well.

 

As North Kingstown short sale agents, 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.