East Greenwich RI Real Estate Market Report March 2012

East Greenwich RI Real Estate Market Report

March 2012


East Greenwich RI Home Sale Update March 2012


Small clamming boats along the East Greenwich waterfront - real estate

Calm day on East Greenwich RI waterfront


11 East Greenwich single family homes have been sold in March 2012, as follows:

5 homes sold over $400,000

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

There were 117 East Greenwich homes for sale in March 2012 which was a  8% increase in homes over the prior month.  The choices of homes in all price ranges are there for interested buyers.  Currently, there are 5 luxury East Greenwich homes over $1 million on the market.


11 homes are Pending in East Greenwich in March awaiting closing.


East Greenwich has the homes with amenities buyers want and there are many neighborhood choices of interest.  Schools remain a top attraction for living here (always being one of the top rated school systems in the state).

The historic Main Street in East Greenwich RI real estate 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 2 East Greenwich short sales sold in March.  However, there are 9 short sales in town on the real estate market.

So in March 2012, the average East Greenwich RI home sold for $421,318, was on the market for 140 days and sold for 95% of list price.

 Whereas the median priced East Greenwich RI home sold for $375,000, was on the market for 124 days and sold for 95% of list price in March 2012.


Why are you sitting on the sidelines waiting to sell your home?   There are buyers looking for homes to buy especially in the under $600,000 range in East Greenwich in show ready condition. Putting your home on the market when the inventory is lower, may get your home sold before the home inventory increases.

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 March 2012. 


 Ginny Lacey 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 buying and selling needs and an internet savvy marketer who sells RI houses in this real estate market – call Ginny at 401.529.7849.