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.

Narragansett RI Real Estate Market Report –Year End- 2011.

19 Narragansett homes have been sold in December 2011, as follows:

8 homes sold over $400,000

6 homes sold for between $300,000-$400,000

5 homes sold for under $300,000

There were 184 Narragansett homes for sale in December 2011 which was a 11 % decrease over the prior month(23 less homes for sale). Certainly the choices of homes in all price ranges are there for interested buyers. In the $1 million category, there are 31 Narragansett homes for sale right now. The number of homes sold in December was 58% higher to the number sold in the prior month…. sales continue in this waterfront Narragansett community.

No Narragansett short sales sold this past month. RI short sales continue to grow in the various RI towns so working with the North Kingstown short sale agents decidedly makes the difference in a successful outcome. Narragansett’s December pending home sales: 21 homes. It is remains a buyers market here.

Overall 144 Narragansett homes were sold in 2011.

- Average Narragansett home sold for $477,348

- Narragansett homes were on the market for 125 days

- Narragansett homes sold for 92% of list price

- 11% drop in home sales over 2010

As you can see 29% of the 2011 Narragansett homes sold were under $300,000, 31% were $300,000-$400,000 and 40% were over $400,000. All to compare against the new year of 2012 home sales. Real estates decreased by 11% in Narragansett in 2011 as compared to 2010. During 2011, 10 Narragansett homes sold for over $1 million. Narragansett is a great location for luxury and oceanfront homes to buy in.

Do visit Narragansett Beach in Narragansett Pier for a wonderful view of one of our magnificent beaches for even in the winter months the pristine sands are worth walking on, restaurants are here to enjoy and the serenity of Narragansett real estate is ever present!

Other South County RI town market reports of interest:

North Kingstown RI Real Estate Market Report - Year End 2011

South Kingstown RI Real Estate Market Report - Year End 2011

Winter is here and it is a great time to see the vistas of this waterfront Narragansett town. Narragansett RI Real Estate Market Report - Year End.

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Narragansett 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 is 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

Do You Dip Your Toes or Go Head First? Noone can say that we are experiencing a 'normal' day in Rhode Island real estate on this 63 degree day in January. But my friendly pooch here thinks it is time to test the waters, chase the swans and go after that ever thrown stick into Narragansett Bay off the North Kingstown coastline.

South Kingstown RI Year End Real Estate Market Report for 2011.

South Kingstown RI Real Estate Market Report for 2011 is promising.

19 South Kingstown homes have been sold in December, as follows:

1 home sold over $400,000
4 homes sold for between $300,000-$400,000
14 homes sold for under $300,000

There were 219 South Kingstown homes for sale in December 2011 which was a 8 % decrease over the prior month (same as November).

South Kingstown continues to have a good supply of homes for sale and the waterfront South Kingstown homes for sale are selling slowly. One South Kingstown short sale closed in December. There are 21 homes in pending status in South Kingstown RI (pending sales are down by 2 homes over the prior month). Yet, the home absorption rate for South Kingstown homes for sale remains at 10 months and remains a buyers market.

Overall 255 South Kingstown homes sold in 2011.

-Average South Kingstown home sales price was $314,442

-Homes sold at 94% of list price

-Homes sold were on the market for 122 days.

As you can see 55% of the 2011 South Kingstown home sold were under $300,000, 28% were $300,000-$400,000 and 17% were over $400,000. All to compare against the new year of 2012 home sales. During 2011, 5 South Kingstown homes sold for over $1 million. Still a great and expansive location for luxury and oceanfront homes to buy in South Kingstown. Here is to a great 2012!

Other Washington County Real Estate Market Reports:

North Kingstown RI Real Estate Market Report

You are never too far from the South Kingstown beaches wherever you buy here! Now is the time before the summer weather is upon us. South Kingstown RI Year End Real Estate Market Report for 2011 .

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Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the South 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.

North Kingstown RI Real Estate Market Report- December 2011 Year End

is detailed below as well as the cumulative statistics for 2011 home sales:

13 North Kingstown homes sold in December 2011:

2 homes sold over $400,000
2 home sold for between $300,000-$400,000
9 homes sold for under $300,000

There were 162 North Kingstown homes for sale in December 2011 which was a 9 % decrease over the prior month (17 less homes for sale). The number of North Kingstown sold homes decreased though by 7 homes (-35%) over the prior month.

Overall 215 North Kingstown homes sold in 2011. For 2011:

-Average North Kingstown home sales price was $336,867

-Homes sold at 94% of list price

-Homes sold were on the market for 101 days.

Interestingly enough 54% of the homes sold were under $300,000 in 2011, 19% of homes sold were between $300,000 to $400,000 and 27% of the homes sold were over $400,000. All to benchmark against during 2012 as the North Kingstown real estate market recovers.

If you are a North Kingstown home seller, this information on recent home sales and 2011 home sales gives you a barometer on the local real estate market. My web site will give you very specific information into all the RI towns as you search RI real estate for sale. Knowing the comparable home sales are necessary in determining a home’s current value.

There were 3 North Kingstown short sales sold in December 2011.

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 not selling right now. In fact, there are 7 North Kingstown homes for sale over $1 million.

There are 33 North Kingstown pending homes sales in December (22% increase over November).

Other Washington County Real Estate Market Reports:

South Kingstown RI Year End Real Estate Market Report

Out of state buyers continue to search for waterfront North Kingstown homes for sale. When you live by North Kingstown coastal shores,as well as the quaint waterfront Wickford village, think hard and soon about buying here while mortgage rates are so low. It really is a great time to buy a home you can afford- vacation or year round. North Kingstown RI Real Estate Market Report- Year End 2011.

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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.