Narragansett RI Real Estate | January 2013

Narragansett RI Real Estate | January 2013

 Narragansett RI Real Estate | January 2013.   The Narragansett RI real estate market data is provided by Ginny Lacey Gorman of waterfront RI real estate.

Narragansett RI waterfront real estate

It is all about the ocean


The following is the January 2013 monthly real estate home information:

  • Properties active and on the market: 110
  • Single-family properties closed in January 2013: 11
  • Average sales price: $ 449,772
  • Median sales  price: $468,000
  • Sales price to list price ratio: 92%
  • Average days on the market: 231
  • Sales currently pending: 13
  • Narragansett home absorption rate has crept up again to a home buyers market.

  • Breakdown of the 11 Narragansett RI home sales in January is as follows: 2 homes sold under $300,000, 3 homes sold between $300,000-$400,000 and 6 homes sold over $400,000.  In January, the over $400,000 home was the one that generated the most buying interest.  

Narragansett RI Real Estate | January 2013

narragansett real estate

Waterview Narragansett home

Home sales were up 10% in January, home inventory was down 2% and homes in contract were down 41%.  It may be the cold weather that is dampening sales right now but spring is right around the corner.  Sales were up over 40% this month over the prior year!

The Narragansett RI home sales market has been a strong selling market in the past year.  It is expected to remain strong in 2013 also.


Looking to buy a Narragansett home for sale?  You’ve come to the right place!  Let me help me guide you here.


The Narragansett community is a waterfront Washington county community that is known for its beaches, oceanfront Narragansett Pier,  fabulous seafood restaurants and schools.  This is all a great draw when put together for any Narragansett home buyer.

Looking for a waterfront RI Real Estate Agent that not only knows her South County RI real estate market but markets her clients homes with maximum exposure on line?  I would love the opportunity to help you.  Call me today.


If you are considering buying a coastal Narragansett RI home or interested in selling your home, contact Ginny Lacey Gorman, waterfront RI real estate agent,  today at 401.529.7849 or email me at  Let’s discuss your home needs now.  Let my on line real estate sales program work for you!  Narragansett RI Real Estate | January 2013. 


Ginny Lacey Gorman is your go to waterfront Narragansett Rhode Island real estate agent in Narragansett RI and beyond…knowing the geographic area, schools, happenings and important tidbits of local information.  Email her at or call her at401.529.7849 to make an appointment to find the home of your dreams too!