East Greenwich RI Real Estate Market Report-February 2012

East Greenwich RI Real Estate Market Report – February 2012



East Greenwich RI Real Estate Statistics for February 2012

Marinas and restaurants line the coast of East Greenwich RI


10 East Greenwich single family homes have been sold in February 2012, as follows:


5 homes sold over $400,000

2 homes sold for between $300,000-$400,000
3 homes sold for under $300,000

There were 106 East Greenwich homes for sale in February 2012 which was a  8% decrease of homes over the prior month.  Certainly the choices of homes in all price ranges are there for interested buyers.  Currently, there are 7 luxury East Greenwich homes over $1 million on the market.


February’s pending East Greenwich homes is at 11 homes (1 less than January 2012).  The number of sold homes doubled from January…woo, hoo this is a good sign for this towns spring real estate market!


East Greenwich has the homes with amenities buyers want and there are many neighborhood choices to pique your interest.  Schools remain a top attraction for living in this town (always being one of the top rated school systems in the state).  The historic Main Street in East Greenwich is packed with unique shops and eateries – it is always worth a visit.  The marinas and Hill and Harbor area are always a draw also for those looking for a great experience.


There were no East Greenwich short sales sold in February.  However, there are 8 short sales in town on the active real estate market.


So in February 2012, the average East Greenwich RI home sold for $440,400, was on the market for 129 days and sold for 93% of list price.

 The median priced East Greenwich RI home sold for $412,500, was on the market for 129 days and sold for 93% of list price.


Why wait any longer to sell your home?   There are buyers looking for homes to buy especially in the under $400,000 range in East Greenwich in show ready condition. Putting your home on the market when the inventory is low, may get your home sold before the home inventory increases in the Spring.

Give me, Ginny Lacey Gorman, a call at 401.529.7849 whether you are buying or selling a home to ensure you have an experienced professional and negotiator representing you and guiding you along the home route way.  I sell homes in this real estate market!

East Greenwich RI Real Estate Market Report-February 2012. 


 Ginny Lacey Gorman is your go to East Greenwich RI 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.


 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.