East Greenwich RI Real Estate Report | January 2013


East Greenwich RI Real Estate Report| January 2013


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The East Greenwich RI real estate market shows improvement in single family home sales demonstrated by this East Greenwich RI real estate report for January 2013.  Let us look at how homes are selling in January, as follows:

Active homes on the market: 104

Pending Homes:  21 homes

Sold Homes: 17 single family

In January, 17 single family sold homes, as follows:  5 homes sold for less than $300,000, 4 homes sold between $300,000-$400,000 and 8  homes sold for greater than $400,000.  More detailed sales information is as follows:

            Average home sold for $403,117 at 95% of list price and days on market was 108.

            Median home sold for $384,000 at 95% of list price and days on market was 106.


East Greenwich RI Real Estate Report | January 2013

Overall January was a selling month for East Greenwich homes with home sales nearly doubling over December’s volume.  Days on market decreased  and sales to list price increased- all good signs.  However, the average sales price did decline slightly.  However, we have a true balanced real estate market here (balanced between buyers and sellers).

Comparing East Greenwich home sales for January 2012 to January 2013 showed a 34% increase in real estate sales!  Definitely this is great news to all sellers.

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

east greenwich ri real estate home

Desirable home

for fine homes, good East Greenwich schools, near malls and shopping.  Its closeness to Providence airport and Providence makes East Greenwich a choice town for commuters.  A variety of neighborhoods from country estates  to condos on Main Street is so appealing to buyers.  Noted for its choice of 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.   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 Frenchtown area.  From waterfront condos to horse farm country living to neighborhoods of choice off Division Street.  Many areas to explore and appreciate.

Call me to explore the neighborhoods of East Greenwich and to find the right one for you at 401.529.7849 or email me at RiByTheBay@gmail.com.  East Greenwich RI Real Estate Report | January 2013.


 Ginny Lacey Gorman is your go to waterfront Rhode Island 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.  An internet savvy marketer & real estate agent who sells RI houses in this real estate market call Ginny at 401.529.7849.