What is Happening in the East Greenwich RI Real Estate Market?

What is Happening in the East Greenwich RI Real Estate Market?


Update on East Greenwich real estate market

Waterfront RI real estate


As a community East Greenwich thrives in its locale and noted public school system. So what is happening in the East Greenwich RI

What is happening to the East Greenwich RI Real Estate market?

click to search E.Greenwich Homes for Sale

Real Estate market for September 2012?    East Greenwich real estate had a dip in home sales this month with a 24% decrease over the prior month.  However, East Greenwich home sales are up 45% in 2012 year to date over the same time period in 2011 which is great news for home sellers!


Sales were as follows in September:  16 East Greenwich homes sold.

1 home sold over $1 million

9 homes sold over $400,000

1 homes sold for between $300,000-$400,000
5 homes sold for under $300,000


There were 131 East Greenwich homes for sale in September which was a 7 % decrease over August.   Currently, there are  luxury East Greenwich homes for sale over $1 million.


 What is Happening in the East Greenwich RI Real Estate Market?

13 homes are pending in East Greenwich in September and awaiting closing for their buyers. Pending sales are down by 32% from the prior month but buyers are still  searching for Rhode Island real estate here.

East Greenwich has the homes for sale, the location buyers want and neigh

borhoods to choose from.  Schools remain a top attraction for living here, as well as the easy commute to Providence.


The historic Main Street in East Greenwich is packed with unique shops and foodie restaurants– it is always worth a meal here.  The marinas and Hill and Harbor area are always a draw also for those looking for a great experience along the waterfront.


There were no East Greenwich short sales sold in September.

 The following is more detailed information on September’s East Greenwich home sales:

In September 2012, the average East Greenwich RI home sold for $471,212, was on the market for 95 days and sold for 92% of list price.

Whereas the median priced East Greenwich RI home sold for $497,450, was on the market for 66 days and sold for 96% of list price in September 2012.  Home prices increased this month and days on market decreased.

This is a snapshot of the East Greenwich RI real estate market for home buyers and sellers alike.


Give me, Ginny Lacey Gorman, a call at 401.529.7849 whether you are buying or selling an East Greenwich home.   Ensure you have an experienced specialist and negotiator representing you and guiding you along the home sale and buying route.  I sell homes in this real estate market!   What is Happening in the East Greenwich RI Real Estate Market?


 Ginny Lacey Gorman is your go to East Greenwich real estate agent for real estate in East Greenwich 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 selling needs and an internet savvy marketer who sells RI houses in this Rhode Island real estate market – call Ginny at 401.529.7849.