Market Update Report - Narragansett Rhode Island Real Estate
By Ginny Gorman, Homes for Sale in Southern RI and beyond
(RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate)
Market Update Report -Narragansett Rhode Island Real Estate. Nothing Like Narragansett Pier! 20 Narragansett homes have been sold in May 2012, as follows: 2 waterfront Narragansett homes over $1 million 6 homes sold over $400,000 4 homes sold for between $300,000-$400,000 8 homes sold for under $300,000 Narragansett Rhode Island Real Estate Home Sale Information Facts: Average Home Sale Price in May 2012 was $441,015, homes sold on average for 93% of list price and were on the real estate market for 154 days on average. Home sales are up 18% over last year same time (May 2012 compared to May 2011) while pending home sales in Narragansett are up 4%…this continues to be good news for sellers. There were 179 Narragansett homes for sale in May 2012 which was a 5% increase over th...
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