East Greenwich RI Real Estate Update December Year End 2013

Update on the East Greenwich RI  December and Year End 2013

Real Estate Market

 

The East Greenwich RI 02818 real estate market update in December and Year End 2013 shows an increase  in home buyers activity.   This winter home sales market has rebounded well in 2013 from 2012 with a 3% home sales price increase so far through December.

A suburb of the city of Providence, commuting distance and great schools draws the home buyers here as East Greenwich RI home sales through year end are shared with the consumer.   This RI real estate market’s strong yearly trend in single family home sales is demonstrated by homes sold up by 25% year to date over last year, year to date!

East Greenwich RI Real Estate Update December Year End 2013

Let us look at how this market is doing this month, as follows:

Active homes on the market: 101 (same as prior month)

Average list to sales price: 95%

Average home sale price: $494,000 (23% increase over prior month)

Pending Homes:  17 (up by 6% from prior month)

Single family Sold Homes: 15 (67% more than prior month)

 East Greenwich RI 02818 Market Report December 2013

In December, 15 single family homes sold, as follows:  1 home sold for less than $300,000, 5 homes sold between $300,000-$400,000 and 9  homes sold for greater than $400,000.  No homes sold for over $1 million.  More detailed East Greenwich December home sales information to follow:

            Average home sold for $494,000 at 95% of list price and days on market was 129.

The average home sale price has increased here as buyers reached for the over $400,000 homes this month.

East Greenwich RI Real Estate Update December Year End 2013

 

Comparing East Greenwich RI real estate sales year to date through December 2013 to December 2012, showed an increase in home sales by 25%.  Also, home prices are up by 3% over the same time period.

 

East Greenwich RI Real Estate Update December Year End 2013

Greenwich Cove

 Why do people move to this community of East  Greenwich RI?  Within Kent County this suburban town is noted  for fine homes, great public schools, being near shopping malls and  there is easy highway access.  Its closeness to the Providence  airport and the capitol of RI makes East Greenwich a choice town  for commuters.

 

Considering Relocating to East Greenwich?  Find out why so many home  buyers choose it.

 

A variety of neighborhoods from country estates  to condos on Main Street is so appealing to East Greenwich real estate buyers.  Noted for its choice of restaurants outside of Providence as well as marinas for 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 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.

What are the neighborhoods like in East Greenwich?  Such choices of neighborhoods to explore from the historic Hill and Harbor to the subdivisions off of Division Street.  From coastal condos to horse farm country living to neighborhoods, there are   many choice areas to explore and appreciate.
Looking to buy an East Greenwich home?   Call me to explore the neighborhoods of East Greenwich and to find the right area for you at 401.529.7849 or email me, Ginny Lacey Gorman, at ginny@RiHouseHunt.com.  I would love the opportunity to help with your real estate needs here or elsewhere.

The East Greenwich RI Real Estate update for December 2013 and year end shares current home sale market information useful to homeowners and buyers.

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 Ginny Lacey Gorman is your go to Rhode Island waterfront agent for real estate in East Greenwich RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  
 
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.

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