North Kingstown Home Sale Report February
Homeowners in North Kingstown want to know what their real estate market is doing so it is important to stay abreast of home sales and values. Are homes selling and in what price range this February 2017?
You bet, this month was a busy month for home sellers and busier than the month before. This North Kingstown RI market report will tell you that RI real estate information you need to stay abreast on.
North Kingstown home sales over the prior month have decreased by 7% with the following real estate single family sales for a total of 14, as follows:
5 homes sold under $300,000
5 homes sold between $300,000-$400,000
4 homes sold over $400,000 but less than $1 million
0 home sold over $1 million
There are 91 homes on the market and the average home sold price is $314,000 here this month. The average home stays on the market 2.7 months prior to going into pending status. Home values continue to climb here and are not slowing down as sellers build up home equity.
Overall the North Kingstown home sale market in 2016 was up 25% over 2015 which is all a good sign for home sellers. The issue is that the lack of inventory in certain price ranges. The hottest market is under $450,000 with a nearly non-existent inventory of homes not needing updating. Luxury homes are not selling right now.
The latest North Kingstown homes for sale can be found right here. These are always the most current and on the market homes to view.
Finding affordable housing in North Kingstown means your need to be ready to buy and have your pre-approval in hand. As you can see by the home sale market all price ranges are in great demand right now here.
Looking for new construction North Kingstown homes and condos for sale? Click the link to see what is happening here for you.
Are you looking for your own home market analysis on your North Kingstown RI home? Or are you wanting to buy a home and do not know where to turn? Please call me, Ginny Gorman, your local and knowledgeable top selling southern RI real estate agent at 401.529.7849 or RiByTheBay@gmail.com.
My local knowledge of the area, RI real estate knowledge of building trends and values will guide you well in your home sale. My online presence and state of the art marketing is here to work successfully for you.
North Kingstown RI Property Update February 2017
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ... I sell dreams! Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.
Looking for a knowledgeable Rhode Island Real Estate Agent? Let me GOOGLE one for you!
cell: 401.529.7849 Ginny Lacey Gorman, Realtor