East Greenwich RI Real Estate Market Update | November 2012

East Greenwich RI Real Estate Market Update | November 2012


Again we are seeing a year to date real estate market improvement in sales over 2011 in this Kent County town.  Let us look

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waterfront East Greenwich RI real estate coastline

at how homes are selling this month as well as compared to last year same time period. 

The East Greenwich market report for November 2012 indicates the following:   

Active homes on the market: 125  (11% decrease in homes for sale over the prior month)

Sold Homes: 14 homes (63% increase in sold homes over the prior month):

          14 homes sold: 5 homes sold for less than $300,000, 2 homes sold between $300,000-$400,000 and


                                              7  homes sold for greater than $400,000

            Average home sold for $417,282 at 96% of list price and days o

n market was 116.

            Median home sold for $382,500 at 96% of list price and days on market was 73.


Pending Homes:  14 homes (56% increase in homes over the prior month).

East Greenwich RI Real Estate Market Update | November 2012

The East Greenwich RI real estate market update report is showing a large rebound here.


Year to date 2012 home sales are at 164 homes sold compared to 2011 with 114 homes sold = 44% home sale increase.

Home prices have declined year to date by 4% over same time period in 2011.  So prices are still attempting to stabilize here.

Why do people live in the community of East Greenwich RI?  Within the Kent County community this affluent community noted for fine homes, great East Greenwich schools, near malls and shopping and closeness to Providence airport and capitol city of Providence makes East Greenwich a choice town.  A choice of neighborhoods from country estates  to a condo on Main Street is so appealing to buyers.  Noted for its great restaurants outside of Providence as well as marinas for the 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 East Greenwich neighborhood to live in.


East Greenwich RI Real Estate Market Stats

What are the neighborhoods like in East Greenwich?  Such choices of neighborhoods to explore from the historic Hill and Harbor to the Frenchtown area.  From waterfront condos to horse farm country living to neighborhoods of choice off Division Street.  Many to explore and appreciate.


Now you really want to find a home here right?  If you are interested in the homes for sale in East Greenwich, click the link.  Homes for sale are updated daily with detailed information not available on other RI real estate web searches.  Call me to explore the neighborhoods of East Greenwich and to find the one for you at 401.529.7849.  Not finding what you need now, let’s talk about your needs and desires in East Greenwich living.  I’d love the opportunity to help.  East Greenwich RI Real Estate Market Update | November 2012.


 Ginny Lacey Gorman is your go to waterfront Rhode Island real estate agent for real estate in East Greenwich RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!
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.


  1. Nestor & Katerina Gasset says

    Excellent post Ginny that mainly discusses the East Greenwich RI Real Estate Market Update for the month of November 2012. I’m sure there are lots of potential buyer and sellers out there that can use this article as a reference to know the East Greenwich RI Real Estate Market. Thank you for sharing and stay the most trusted north kingstown short sale agent . Keep up the good work!

    Katerina Gasset
    Wellington Short Sales
    Wellington Short Sales Agents

  2. Debra Harr says

    Very informative article that talks about East Greenwich RI Real Estate Market Update November 2012. Thank you for sharing Ginny and stay the very best north kingstown short sale agent. Keep it up!

    Debra Harr
    Homes that click Realtors
    Worthington Ohio Short Sales Agents