Narragansett RI 02882 Real Estate Market Report – January 2012

Narragansett RI 02882 Real Estate Market Report –January 2012


Narragansett Beach at Narragansett Pier

Remember the Warm Days of Summer on Narragansett Beach


13 Narragansett homes have been sold in January 2012, as follows:

1 waterfront home sold for over $1 million

7 homes sold over $400,000

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

Narragansett RI Market Report

Narragansett RI Home Sales by Price Ranges- January 2012


Average Home Sale Price in January 2012 was $496,403,  homes sold on average for 90% of list price  and were on the real estate market for 121 days on average.

Median Home Sale Price in January 2012 was $492,500, median price of homes sold was 93% of list price and the median days on market were 62 days.


There were 169 Narragansett homes for sale in January 2012 which was a 8 % decrease over the prior month(15 less homes for sale).    Certainly the choices of homes in all price ranges are there for interested buyers.  In the $1 million category,  there are 35 Narragansett homes for sale right now.   The number of homes sold in January was 32% less than the number sold in December…. sales continue to fluctuate up and down in this waterfront Narragansett community.


No Narragansett short sales sold in January. There are two active Narragansett short sales on the market right now.   RI short sales continue to grow in the various towns so working with the North Kingstown short sale agents can decidedly make the difference in a successful outcome with this process.  Call me at 401.529.7849 if you want to discuss your housing financial options in a confidential manner.


Narragansett’s January pending home sales: 22  homes.  It is remains a buyers market here.  Spring is here and arriving with buyers looking for housing…so spruce up and primp the home…Interested in the RI real estate market and need guidance, call me at 401.529.7849 my real estate knowledge will guide you in this real estate market.

Narragansett RI 02882 Real Estate Market Report- January 2012.

Another past post you may be interested in:

Narragansett RI Real Estate Market Report for 2011.


Narragansett RI 02882 Real Estate Market Report – January 2012


Ginny Lacey Gorman is your go to Narragansett Real Estate agent for real estate in Narragansett RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information and businesses well.

 As a North Kingstown short sale agent, call me if you are having trouble paying your mortgage and need help…a short sale option may be for you. 

  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.