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Call Quality Check Home Inspection for all your inspection needs
401-855-9494
Tom Martin
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Tiverton RI Home sales have improved. 5 Homes in Tiverton were sold in June 2009compared to 3 homes that sold in May.
In June, The lowest priced home in Tiverton located in the north end sold for $119,500 and the highest priced home sold for $310,000. A contemporary in the Stone Bridge area.
Tiverton RI Open Houses
71 Louise Drive,Tiverton RI 02878- 3 bed 1 bath ranch home with garage $239,900 Open House Sunday July 12 th 1-2:30
visit www.ViewYourDreamHome.net for more info, photos & a virtual tour.
Karen Martin ReMax Right Choice (774) 930-8181
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Open House Tiverton RI Sunday July 12 from 1-2:30, 71 Louise Drive Tiverton, RI 02878
Located in a Great Tiverton neighborhood.You will be pleasantly surprised,this inviting home is larger than it appears & boasts a heated sun room with cathedral ceilings leading to a wrap around deck. Open kitchen dining area. Good sized living room with hard woods. Central Air. Hardwoods in all 3 bedrooms.Spacious family room in heated finished basement is 11x21. Two driveways and a must see extended garage with extra large work area. Offered at $239,900 Don't miss out,Check out the photos and Virtual Tour
Karen Ann Martin Re/Max Right Choice Real Estate
Serving the real estate needs of South Coastal MA and RI
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Final numbers for the second quarter from Newport County, RI.
| Single Family | ||||||
| # Sales | Average List | Average Sale | Median List | Median Sale | Days On Market | |
| 2008 | 259 | $ 585,575 | $ 544,958 | $ 395,000 | $ 366,500 | 131 |
| 2009 | 221 | $ 456,464 | $ 412,612 | $ 319,000 | $ 294,000 | 146 |
| # or $ Change | -38 | $(129,111) | $ (132,346) | $ (76,000) | $ (72,500) | 15 |
| % Change | -15% | -22% | -24% | -19% | -20% | 11% |
First the bad news. Median sale price is down 20% from last year. Average sales price is down 24% from last year. Overall the average sales price is down over 30% from peak in 2004. Some analysts are calling for a total reduction in value of US housing by 40% before recovery. So, if you look at it on the bright side, we are nearly through this awful period.
I do think our market will recover a bit faster due to the significant job creation at the US Naval Base and General Dynamics. Defense spending isn't going to slow down in our world today, so I think we are at, or very very close, to bottom.
The pending index is approaching 5 sales per day in Newport County. This is the highest the pending index has been in over 3 years!
Keep Hope Alive!
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Real Estate Home sales in Tiverton RI have increased. There were 7 homes in Tiverton sold in April 2009 compared to 4 houses sold in March. If you are thinking of selling your home contact me today for a free market opinion of value & home consultation.
The lowest priced home a foreclosure sold for $80,000 and the highest priced home in Tiverton sold in April for $375,000.
The spring market with homes at a more affordable price, low interest rates and the $8,000 First Time Home Buyer Credit ( you do not have to pay back all are attributing to the increase in sales and the amount of buyers looking and making offers. For a free list of homes for sale in Tiverton RI visit www.ViewYourDreamHome.net
OPEN HOUSES in Tiverton RI
Sunday May 17 1-2:30 2-3 Bedroom ranch on 1/3 acre 1 bath well maintained $189,900. 29 Frazier Lane Tiverton RI
Saturday May 23, 1-2:30 Nice 3 bedroom 1 bath ranch. Has Inviting sunroom with cathedral ceilings. Large extended garage with work area. Finished family room in basement. In nice neighborhood off Fish Rd. 71 Louise Drive Tiverton RI offered at 239,900
Karen Martin Re/Max Right Choice Real Estate Serving RI & MA (774) 930-8181
* Data from MLS Property Information Network of Realtors
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