Charlestown RI 02813 Real Estate Market Report – March 2012

Charlestown RI 02813 Real Estate Market Report – March 2012

 

 

10 Charlestown RI homes have been sold in March 2012:

4 homes sold for over $400,000

1 home sold between$300,000- $400,000

5 homes sold less than $300,000

There were 109 Charlestown RI homes for sale in March 2012.  This is the first month of an increase in real estate inventory in Charlestown RI.  

 

Average Home Sale Price in March 2012 was $427,750,  homes sold on average for 95% of list price  and were on the real estate market for 237 days on average.

Median Home Sale Price in March 2012 was $315,000, median price of homes sold was 97% of list price and the median number of days on the market was 74.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to

month (such as at  Quonnie) are shared here.  From West Beach to East Beach to the Ninigret neighborhood of homes there are many great Charlestown RI locales to view. Search for RI real estate for sale in all beach communities.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and ocean view Charlestown RI homes for sale.  However, the current absorption rate for the homes on the market is 10 months and is a buyers market.  When inventory levels are at a 6 month home absorption rate, it is considered a balanced market.  Less than 6 months becomes a sellers market again.

There was 1 Charlestown short sales that closed in March .  There are 4 short sale Charlestown homes on the market right now.

18 Charlestown RI pending home sales await closing in March and beyond. 

 When you have white sand beaches, serene and quiet living and do not forget the low taxes, it is a huge draw for buyers all around New England and beyond. Come and visit! Explore the uniqueness of this coastal town.  Charlestown RI Real Estate Market Report- March 2012.

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