East Greenwich RI Home Sale Market Update December 2022 Year End

East Greenwich Single Homes Real Estate

December 2022 Year End Report

 

Find the Best Buy Homes and Condominiums for Sale in East Greenwich Here

 

The East Greenwich home sales in December decreased by 7% as compared to the prior month. Pending sales are equal to the prior month. Buyers are out searching for the property that satisfies their needs for living in this community.

Home inventory in East Greenwich enables the well appointed home to easily stand out to buyers right now. This is a great time to market and sell your ‘ready to sell’ home.  Home buyers are looking for homes in all price ranges right now as inventory remains very low.

East Greenwich Real Estate Market for Single Family Homes

It is the over $600,000 home market that is selling in higher numbers in this town currently. This month is showing ranges of home sale trends in East Greenwich.

East Greenwich is a suburb of the city of Providence with an easy commuting distance and top rated East Greenwich public schools draws the home buyers here.

See below how the East Greenwich home sale market is doing this month:East Greenwich RI Real Estate Market December 2022 Update

 
Active homes on the market: 26 (24% more less than the prior month)

Homes listed as ‘Active’ but in sales contract: of the homes listed above as Active.

Average list to sold price of the home: 98% (99% in the prior month)

Average home sale price: $649,000

Median home sale price: $623,000

Pending Homes: 15 (15 in the prior month)

Single family Sold Homes: 13 (7% less than the prior month)

Days on Market before entering into aPending Sales Contract: 37

Details of Current East Greenwich homes sold in the Month:

 
$319 per square foot of above ground living space is the cost of an average sold home here this year so far. The average home sold is a 4 bedroom, 2 bath home with 2400 square feet of above ground living space.

The highest price home sold this month is $1,000,000 is new construction being built now.

This month 13 single family homes sold as follows: 0 home sold for less than $300,000, 1 home sold between $300,000-$400,000, 11 homes sold between $400,000- $1 million and 1 home sold equal to or over $1 million.

Comparing East Greenwich home sold statistics in 2021 to 2022 y-t-d shows the following:  In 2022, 189 home sales are 24% lower than the same period in 2021 (250 sold).   In that same period the average sales price in 2022 is $728,000 (median price is $670,000) which is 1% more than in 2021 (but 0% higher for the median price).

East Greenwich RI Real Estate Market Update September 2022

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 easy highway access. Its closeness to the Providence airport and the capitol of RI makes East Greenwich a great buying into option town.

Interested in homes for sale in East Greenwich? As an East Greenwich RI real estate specialist, I provide you insight, neighborhood information and choices for your next move. Let me do a more in depth analysis for you into what is happening in the market at your price point as well as surrounding towns.

Looking to buy an East Greenwich home? The neighborhoods of East Greenwich are unique to each other and real estate guidance is essential.  I work as a Buyers’ Agent as well as a top Listing Agent for my East Greenwich clients in order to guide you well.  Promotion is key so let’s talk about my aerial photography and videos for your home that offer faster sales too when we meet.

Here are a sampling of the most current East Greenwich homes for sale under $800,000:

 

Here are a sampling of the other most current East Greenwich homes on the market:

 

This is the time to call me, Ginny Gorman, an East Greenwich and RI real estate agent, at 401.529.7849 or email me at RiByTheBay@gmail.com.  Let me discuss what listing your East Greenwich house for sale will bring for you pricewise, developing a strategic marketing plan for your home.

This East Greenwich RI real estate data here is the most current for buyers, sellers and homeowners.  Talk to me, Ginny Gorman, about your home sale needs where ever they may take you.  “RI Real Estate is My Passion … Marketing Drives My Business…Both Are in my DNA”.  Call me today.

The East Greenwich Homes for Sale Report for December 2022 for year end is here for you to stay current on this local real estate market.

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When you are in need of a top selling East Greenwich & RI real estate professionhouses at top negotiated prices in this RI real estate market call Ginny at 401.529.7849 or email me at Ribythebay@gmail.com.al and specialist for your buying, selling or relocating RI real estate home needs, call Ginny Gorman.  An internet savvy East Greenwich real estate agent & marketer who successfully lists and sells RI.  Some just listen but I listen as well as deliver for my clients every time.