East Greenwich RI Home Sales | March 2013

East Greenwich RI Home Sales | March 2013


The East Greenwich RI home sales for March 2013 is again on an upward trend.  A high end suburb of Providence, the commuting distance and great schools draws the buyers here.   This RI real estate market shows improvement in single family home sales demonstrated by the home sale statistics with sales up 45% over last year same time period.

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Let us look at how East Greenwich RI  home sales are selling this past month, as follows:

Active homes on the market: 103

Pending Homes:  25

Single family Sold Homes: 16

East Greenwich RI Home Sales | March 2013


In March, 16 single family sold homes, as follows:  6 homes sold for less than $300,000, 3 homes sold between $300,000-$400,000,  6  homes sold for greater than $400,000 and 1 home sold over $1 million.  More detailed sales information is as follows:

            Average home sold for $434,491 at 94% of list price and days on market was 140.

            Median home sold for $395,000 at 94% of list price and days on market was 128.

East Greenwich RI Home Sales | March 2013

Overall March was a good month for East Greenwich home sales.  Home inventory has increased by 10% .  We saw a minimal increase on  average days on market and sales price rose ever so slightly.  Overall, a good sales month for sellers.  However, we continue to have a true balanced real estate market here (neither a buyers or sellers market).

Comparing East Greenwich RI home sales for the month of March 2012 compared to March 2013 showed a 45 % increase in real estate home sales.

Why do people live in the community of East Greenwich RI?  Within the Kent County community this suburban town is noted

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for fine homes, great public schools, it is near shopping areas and there is easy highway access.  Its closeness to Providence airport and the capitol city makes East Greenwich a choice town for commuters.


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.

Call me to explore the neighborhoods of East Greenwich and to find the right area for you at 401.529.7849 or email me at RiByTheBay@gmail.com.  I would love the opportunity to help.


East Greenwich RI Home Sales | March 2013.


 Ginny Lacey Gorman is your go to Rhode Island waterfront Realtor® 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.