Discover Charlestown RI | Rhode Island Real Estate Market Update

Charlestown RI Real Estate Market Report

Ocean in the summer…come and explore here!

We are at mid-year and the summer season in Charlestown RI is vibrant and active. Vacationers and summer homeowners return to enjoy the wonderful ocean front vistas and beaches especially. The Charlestown Rhode Island real estate market update for June 2012 is as follows:

13 Charlestown RI homes have been sold in June 2012:

1 home sold for over $1 million

2 homes sold for over $400,000

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

8 homes sold less than $300,000

There were 108 Charlestown RI homes for sale in June 2012.

Home sales are down 14% over the prior month and number of homes on the Charlestown market decreased by 3%.

The year to date Charlestown Home Sales are up 23% in 2012 over same period in 2011- not that is a rebounding Rhode Island real estate market!

Discover Charlestown RI | Rhode Island Real Estate Market Update

Average Home Sale Price in June 2012 was $328,492, homes sold on average for 92% of list price and were on the real estate market for 64 days on average.

Median Home Sale Price in June 2012 was $251,000, median price of homes sold was 92% of list price and the median number of days on the market was 52.

Fewer days on market for the properly priced homes in the price range buyers are looking are selling quickly.

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 Charlestown RI locales to view.

Search for Rhode Island real estate for sale in all beach communities and throughout RI. Summer activities will be happening here from the Charlestown Seafood festival to the music festival of Rhythm and Roots which occurs over Labor Day weekend.

Charlestown RI continues to have a good supply of homes for sale. Yet the oceanfront and ocean view Charlestown RI homes for sale which are a large part of this real estate market are selling slowly. Charlestown homes for sale priced under $300,000 continue to be the ones selling in this Rhode Island real estate market also.

There were no Charlestown short sales that closed in the month of June.

24 Charlestown RI pending home sales await closing in June. Pending sales are up by 14%.

When you have amazing white shell sand beaches and quiet living, it is a huge draw for buyers all around New England and beyond. Come and visit! Explore the uniqueness of this oceanfront town. Discover Charlestown RI | Rhode Island Real Estate Market Update.

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Ginny Lacey Gorman is your go to Charlestown RI real estate agent for real estate in Charlestown RI and beyond…knowing the geographic area, schools, happenings, important tidbits of information and businesses well.

Waterfront, oceanfront, luxury and coastal Rhode Island real estate are her specialty but all of RI is her backyard. When you are in need of a good professional for your buying and selling needs and an internet savvy marketer & agent who sells RI houses in this real estate market – call Ginny at 401.529.7849.

Discover Charlestown RI | Rhode Island Real Estate Market Update