Real Estate Market Report Charlestown RI.

Pristine and unique - It is Quonnie time!

13 Charlestown RI homes have been sold in February 2012:

1 waterfront Charlestown RI home sold for over $1 million

1 home sold for over $400,000

3 homes sold between$300,000- $400,000

8 homes sold less than $300,000

There were 94 Charlestown RI homes for sale in February 2012 which another decrease in inventory. This is the sixth month of a decline in real estate inventory in Charlestown RI (which is typical since many homes are withdrawn from the market for the winter months).. Yet there were two more homes sold this month than the prior month.

Average Home Sale Price in February 2012 was $280,453, homes sold on average for 92% of list price and were on the real estate market for 178 days on average.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month

Waterfront - oceanfront Quonnie Home

to month (such as at Quonnie) are shared here every month. From West Beach to East Beach to the Ninigret neighborhood of homes there are many great Charlestown RI locales to view.

Charlestown RI continues to have a fair supply of homes for sale as well as oceanfront and ocean view Charlestown RI homes for sale. However, the current absorption rate for the homes on the market is 7 months and is entering a neutral market. When inventory levels are at a 6 month home absorption rate, it is considered a balanced market. Less than 6 months becomes a sellers market again.

There were no Charlestown short sales that closed in February. There are 8 short sale Charlestown homes on the market right now.

11 Charlestown RI pending home sales awaiting closing in February. Pending sales are down by 10 homes over the prior month.

When you have white sand beaches, serene and quiet living and do not forget the low taxes, it is a mega draw for buyers all around New England and beyond. Come and visit! Explore the uniqueness of this coastal town. Charlestown RI Real Estate Market Report- February 2012.

2011 Charlestown RI Market Report.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

Charlestown RI 02813 Real Estate Market Report - January

Nothing like Charlestown RI waterfront to enjoy

11 Charlestown RI homes have been sold in January 2012:

1 waterfront Charlestown RI home sold for over $1 million

2 homes sold for over $400,000

1 home sold between$300,000- $400,000

7 homes sold less than $300,000

There were 97 Charlestown RI homes for sale in January 2012 which was another decrease over the prior month (3 less homes for sale). This is the fifth month of a decline in real estate inventory in homes for sale. One less home sold this past month over December.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month (such as at Quonnie) are shared here. From West Beach to East Beach to the Ninigret neighborhood of homes there are many great locales here to view and buy. Decide which side of Route 1 you want to be on because it does make a difference in the price of a home!

Average Charlestown RI Home Sale Price in January 2012 was $406,545, homes sold on average for 95% of list price and were on the real estate market for 194 days on average.

Charlestown RI continues to have a good supply of homes for sale and the oceanfront and ocean view Charlestown RI homes for sale. However, the current absorption rate for the homes on the market is 9 months and remains a buyers market. When inventory levels are at a 6 month home absorption rate, it is considered a balanced market.

There were no Charlestown RI short sales that closed in January. There are 3 short sale Charlestown homes on the market right now for buyers.

21 Charlestown RI pending home sales awaiting closing in January. Pending sales are up by 3 homes over the prior month and that is a good sign for sellers as buyers become more active.

When you have white sand beaches, serene and quiet living and low property taxes, it is a wonderful draw for buyers all around New England and beyond. Come and visit! If you are smitten with this locale and surrounding areas, reach out to me for representation that protects you in the home buying or selling real estate process at 401.529.7849 today. Charlestown RI Real Estate Market Report- January.

Catch up on last year’s market report: 2011 Charlestown RI Market Report.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

Charlestown RI Home Buyers - Dreams and Sparkly Red Shoes.

So the stage is set:

Thank goodness for the sparkly red shoes because there is no place like home...and they now have their new home and dreams for tomorrow.

Smiling Charlestown RI Home buyers Now

My Charlestown RI home buyers have the key...well it is the old key and the locks are being changed right now. It is the waiting that can make you go stir crazy, take the joy (almost) out of home buying, and move in has not even happened yet! Oh, now they are smiling and excited...really it really is ours now?! What a range of emotion that can happen on closing day.

Freddie Mac Love Note

So this might be an ode to Buyers to Be and All I can say is many thanks to

RI Real Estate Lawyer- He Delivers!

thee, for bearing with the setbacks and delays all these months (since October). Hanging in there yielded a great home find ....so to the days ahead may they be of the unlike kind!

If you dream and appreciate how the sparkly red shoes can lead you home, give me a call at 401.529.7849 for home guidance expertise in the Charlestown RI area and beyond. Charlestown RI Home Buyers - Dreams and Sparkly Red Shoes.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

Words I Love to Hear: Clear to Close. There is nothing better than the ring a linging of those three words. When the buyers lender called me up today to let me know that we were good for a Monday morning closing. It is time for this Charlestown RI home for sale that is just right for these buyers.

This home has special meaning to me since these young buyers are buying a Freddie Mac foreclosed home that has taken 4 months to get to the closing table. THey are just waiting to move into their Rhode Island living home.

Nothing was easy about this home..from the inspection to the radon in the water to the bacteria in the well...Oh, it just went on and on. The buyers have work to do in this home but they have great expansion possibilities in the upstairs that has been all roughly finished for them. With 2 acres of land and low real estate taxes and just 10 minutes from town, they are planning their future with the words I love to hear: clear to close!!

We also are getting a present from the Bank I am told...not going to spoil it because it will definitely put the cabash on it at this point! Even with all the issues to get this sweet Charlestown RI home to closing, the REO agent and her team were very cooperative with getting things done (well I am a sweet talker) to please my buyers lender prior to closing. And we have no snow...shhh!

So I'm counting the hours with my buyers until we get there...lets see that is 123 hours and counting down....think I am a bit crazed by this point...oh no...this is how a North Kingstown real estate agent celebrates! Words I Love to Hear: Clear to Close.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the North Kingstown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.

Charlestown RI 02813 Real Estate Market Report- Year End

8 Charlestown RI homes have been sold in December:

1 waterfront home sold for over $1 million

2 homes sold for over $400,000

2 homes sold between$300,000- $400,000

3 homes sold less than $300,000

There were 100 Charlestown RI homes for sale in December 2011 which was a 6% decrease over the prior month. This is the fourth month of home inventory decline in Charlestown RI homes for sale. One less home sold in December than in November.

The numbers of Charlestown RI homes for sale, price range of homes sold and real estate market trends month to month for Charlestown neighborhoods (such as Quonnie) are shared here. From West Beach to East Beach to Ninigret there are a multitude of Charlestown RI neighborhoods to explore.

19 Charlestown RI pending home sales in December which is 3 more than the prior month. To be in ‘pending’ status is to be awaiting the closing of the home.

Overall 108 Charlestown homes sold in 2011. For 2011:

-Average Charlestown home sales price was $456,671

-Charlestown Homes sold at 91% of list price

-Charlestown Homes sold were on the market for 133 days

- Charlestown home sales decreased by 8% in 2011 over 2010

Interestingly enough 47% of the homes sold were under $300,000 in 2011, 20% of homes sold were between $300,000 to $400,000 and 47% of the homes sold were over $400,000. The data does show that sellers here need to price their homes closer to market to sell them in less time.

Out of state and in state buyers continue to search for oceanfront Charlestown RI homes for sale. When you have great beaches, quiet neighborhoods and low taxes, it is a great draw for all buyers around New England.

Come and explore another waterfront RI Charlestown! As a Charlestown RI home town specialist, please call on me at 401.529.7849 for your RI real estate needs. Charlestown RI 02813 Real Estate Market Statistics.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Charlestown RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.