North Kingstown RI Real Estate Market Report- January 2012

North Kingstown RI Real Estate Market Report- January 2012


North Kingstown RI Real Estate Market Report

Lone Tree Point- Wickford RI waterfront


is detailed below for home sales:

12 North Kingstown homes sold in January 2012:

2 homes sold for greater than $1 million (1 home was North Kingstown waterfront)

3 homes sold over $400,000
1 home sold for between $300,000-$400,000
6 homes sold for under $300,000


North Kingstown Real Estate Market Report

What is Selling in North Kingstown Real Estate?

Average Home Sale Price in January 2012 was $571,291,  homes sold for 91% of list price and were on the real estate market for 116 days on average.


There were 171 North Kingstown homes for sale in January 2012 which was a 6 % increase over the prior month (9 more homes for sale).  Home sales decreased by 1 home (12 homes sold) over the prior month or 8%.  Yet, if you look at the pie chart above it is interesting how strong the real estate market is here for homes under $300,000.  February is showing increased signs of life as buyers are out in full force in the current real estate market.  An early spring in the North Kingstown housing market is apparent and it is encouraging.


There was 1 North Kingstown short sale sold in January 2012.

North Kingstown RI has a good supply of homes on the market still and the waterfront North Kingstown homes for sale for over $1 million are selling right now.     There are 19 homes on the market that are waterfront homes.  Additionally, there are 12 North Kingstown homes for sale over $1 million which is an increase over the past month.


There are 30 pending homes sales at present (11% decrease over December).  It is a great time to buy while mortgage rates remain amazingly low…


Interested in the RI real estate market and need guidance, call me at 401.529.7849 my real estate knowledge will guide you and thrill you in this real estate market.


North Kingstown RI Real Estate Market Report- January 2012.


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

As a North Kingstown short sale agent, if you are having trouble paying your mortgage contact Ginny to help you through the short sale process successfully.


   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 & agent who sells RI houses in this real estate market – call Ginny at 401.529.7849.