East Greenwich RI Real Estate Market February 2024 Update

East Greenwich Single Homes Real Estate

February 2024 Report


Find the Best Buy Homes and Condominiums for Sale in East Greenwich Here


The East Greenwich real estate market this month was 11% lower than the prior month’s single family home sales. Pending sales are down by 36% over the prior month. Buyers are out searching for the property that satisfies their needs for living in this community.

Home inventory in East Greenwich enables the well appointed home to easily stand out to buyers right now. This is a great time to market and sell your ‘ready to sell’ home.  Home buyers are looking for homes in all price ranges right now as inventory remains low.

East Greenwich Real Estate Market for Single Family Homes

It is the over $600,000 home market that is selling in higher numbers in this town currently. This month is showing all ranges of home sale trends in East Greenwich RI real estate.

East Greenwich is a suburb of the city of Providence with an easy commuting distance and top rated East Greenwich public schools draws the home buyers here.

See below how the East Greenwich home sale market is doing this month:East Greenwich RI Real Estate Market February 2024 Update

Active homes on the market: 25 (6 more than  the prior month)

Homes listed as ‘Active’ but in sales contract: of the home listed above as Active.

Average list to sold price of the home: 99% ( 101% in the prior month)

Average home sale price: $809,000

Median home sale price: $12,000

Pending Homes: 7 (11 in the prior month)

Single family Sold Homes:( 9 in the prior month)

Days on Market before entering into a Pending Sales Contract: 28 (35 days the prior month)

Details of Current East Greenwich homes sold in the Month and Year:

$360 ($369 median price/square foot) is the average cost per square foot of above ground living space in a sold home this month. The average home sold is a 3 bedroom, 2 bath home with 2100 square feet of above ground living space.

The highest price home sold this month is $1,405,00 in the Tipping Rock neighborhood.

This month 8 single family homes sold as follows: 0 home sold for less than $300,000, 0 home sold between $300,000-$400,000, 6 homes sold between $400,000- $1 million and 2 homes sold equal to or over $1 million.

Comparing East Greenwich home sold statistics in 2023 compared to 2022 shows the following:  In 2023, 150 home sales are 21% lower than the same period in 2022 (191  sold). The average sales price in 2023 is $764,000 (median price is $698,000) which is 5% more than in 2022 (median price the same year over year).  At the start of January-February 2024 the home sold numbers are 55% over January-February 2023.  Also, the home sale prices during this period are 23% higher on average and the median price is 27% higher.

East Greenwich RI Real Estate Market Update February 2024

Why do people move to this community of East Greenwich RI?  Within Kent County this suburban town is noted for fine homes, great public schools, walkable downtown area, being near shopping and easy highway access. Its closeness to the Providence airport and the capitol of RI makes East Greenwich a great option RI town.

Interested in homes for sale in East Greenwich? As an East Greenwich RI real estate specialist, I provide you insight, neighborhood information and choices for your next move. Let me do a more in depth analysis for you into what is happening in your market.

Looking to buy an East Greenwich home? The neighborhoods of East Greenwich are unique to each other and real estate guidance is essential.  I work as a Buyers’ Agent as well as a strong Listing Agent for my clents in order to guide them well.  Promotion is key so let’s talk about my aerial photography, videos and marketing for your home that offer hgher priced sales.

Here are a sampling of the most current East Greenwich homes for sale under $800,000:


Here are a sampling of the other most current East Greenwich homes on the market:


This is the time to call me, Ginny Gorman, an East Greenwich and RI real estate agent, at 401.529.7849 or email me at RiByTheBay@gmail.com.  Let me discuss what listing your East Greenwich house for sale will bring for you pricewise..

This East Greenwich RI real estate data here is the most current for buyers, sellers and homeowners.  Talk to me, Ginny Gorman, about your home sale needs where ever they may take you.

“RI Real Estate is My Passion … Marketing Drives My Business…Both Are in my DNA”.  Call me today at 401.529.7849.

The East Greenwich Homes for Sale Report for February 2024 is here for you to stay current on this  market.


When you are in need of a top selling East Greenwich & RI real estate professional.  Selling homes at top negotiated prices in this RI real estate market call me at 401.529.7849 or email me at Ribythebay@gmail.com.   For relocating RI real estate home needs as well, call Ginny Gorman.  An internet savvy East Greenwich real estate agent & marketer who successfully lists and sells RI.  Some just listen but I listen as well as deliver for my clients every time.