Real Estate Market Report – Narragansett RI 02882

Real Estate Market Report – Narragansett RI 02882

November 2011 Home Sale Report

Narragansett RI Real Estate Information

Narragansett Beach is a draw for all

12 Narragansett homes have been sold in November 2011, as follows:

 

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

5 homes sold over $400,000

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

 

There were 207 Narragansett homes for sale in November 2011 which was a 7 % decrease over October (15 less).

 

If your are a Narragansett RI home seller, the real estate market report gives you information on recent home sales for the pricing of your home.  The number of homes sold in November was 33% higher to the number sold in the prior month…. sales continue in this waterfront Narragansett town.

 

Narragansett RI real estate continues to have a large supply of homes for sale and the oceanfront Narragansett homes for sale are selling slowly.  Remember Narragansett has one of the lowest real estate tax rates in the South County towns which is like cash in the bank for buyers over a number of years.

 

2 Narragansett short sales sold this past month.  RI short sales continue to grow in the various RI towns so working with the North Kingstown short sale agents decidedly makes sense. 

 

Narragansett’s November pending home sales: 27  homes.  It is still a buyer’s market here.

 

Visit Narragansett Beach in Narragansett Pier for a wonderful view of one of our magnificent beaches for even in the winter months the pristine sands are worth walking on!  

 

Out of state and in state buyers continue to search for oceanfront and ocean view Narragansett homes for sale.   Winter is approaching and it is a great time to see the vistas of this waterfront Narragansett town.

 

 Real Estate Market Report – Narragansett RI 02882

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Ginny Lacey Gorman is your go to Narragansett Real Estate agent for homes in southern RI and beyond…knowing the geographic area, schools, happenings,important tidbits of information and businesses well.

  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 or email her at ginny@RiHouseHunt.com.

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