Charlestown RI Home Sales April 2013
Charlestown RI home sales April 2013 update provided by Ginny Lacey Gorman of RI waterfront real estate , as follows:
- Properties active and on the market: 102
- Single-family properties closed in April: 6 ( down by 2 sales from last month)
- Average sales price: $ 195,875
- Median sales price: $ 212,000
- Sales price to list price ratio: 93%
- Average days on the market: 165
- Sales currently pending: 8 (up from 4 last month)
Charlestown RI Home Sales April 2013
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Charlestown’s home absorption rate is at a 17 months home supply which remains a buyers market.
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Home inventory increased by 28 homes in April, pending sales increased by 4 homes and Charlestown RI home sales decreased by 2 homes.
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Home absorption is the amount of time it will take to sell all the homes currently on the market without any additional homes being added to the current real estate market.
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The 38% increase in home inventory from March is due to vacation homes that came back on the market for the summer sale period mostly.
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- Breakdown of the 6 Charlestown RI home sales is as follows for the month: 6 homes sold under $300,000. In April, the under $300,000 continued to generate the only home buyers interest. This is a radical change from past years and I wonder what awaits the summer season here?! Charlestown RI homes sales April 2013 still indicate the best value for location, taxes and low key living is the under $300,000 home market.
- Charlestown properties have been good sellers this past year and the luxury Charlestown homes over $1 million will continue to sell. At present, 17% of the homes for sale in Charlestown are in the $1 million and up price range.
Charlestown RI home sales April 2013 home sales are down by 1 home over April 2012.
There is no doubt that homes here are desirable to buyers in all price ranges. From coastal Charlestown homes to the rural country homes. You are never far from the ocean here. It is a great time to buy in the Quonnie area too if you are looking at true waterfront and walk to water Charlestown homes for sale.
Search for Charlestown RI homes for sale here.
Looking for a Charlestown RI waterfront real estate agent ? Ginny Lacey Gorman knows her Charlestown RI waterfront real estate market.
I would love the opportunity to help you in your search or sale. Knowing current FEMA flood map changes, building construction needs in coastal areas and staying abreast of waterfront septic changes is part of my skills set.
Contact Ginny Lacey Gorman today at 401.529.7849 or email me at Ginny@RiHouseHunt.com. Let’s discuss your home needs and see how I may help you reach them.
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