East Greenwich Single Homes Real Estate Report
October 2022
Find the Best Buy Homes and Condominiums for Sale in East Greenwich Here
The East Greenwich home sales in October decreased by 44% as compared to the prior month. Pending sales are equal to the prior month. Buyers are out searching for the property that satisfies their needs for living in this community.
Home inventory in East Greenwich enables the well appointed home to easily stand out to buyers right now. This is a great time to market and sell your ‘ready to sell’ home. Home buyers are looking for homes in all price ranges right now as inventory remains low.
East Greenwich Real Estate Market for Single Family Homes
It is the over $600,000 home market that is selling in higher numbers in this town currently. This month is showing ranges of home sale trends in East Greenwich.
East Greenwich is a suburb of the city of Providence, commuting distance to the big city and top rated East Greenwich public schools draws the home buyers here.
See below how the East Greenwich home sale market is doing this month:
Active homes on the market: 33 (10% more than the prior month)
Homes listed as ‘Active’ but in sales contract: 4 of the homes listed above as Active.
Average list to sold price of the home: 94% (100% in the prior month)
Average home sale price: $557,000
Median home sale price: $512,000
Pending Homes: 17 (17 in the prior month)
Single family Sold Homes: 10 (44% less than the prior month)
Days on Market before Pending Sales Contract: 38
Details of Current East Greenwich homes sold in the Month:
$318 per square foot of above ground living space is the cost of an average sold home here this year so far. The average home sold is a 4 bedroom, 2 bath home with 2400 square feet of above ground living space.
The highest price home sold this month is in the Kenyon Avenue neighborhood at $975,000.
This month 18 single family homes sold as follows: 0 homes sold for less than $300,000, 4 homes sold between $300,000-$400,000, 6 homes sold between $400,000- $1 million and 0 homes sold over $1 million.
Comparing East Greenwich home sold statistics in 2021 to 2022 y-t-d shows the following: In the first ten months of 2022 162 home sales are 27% lower than the same period in 2021 (221 sold). In that same period the average sales price so far in 2022 is $743,000 (median price is $673,000) which is 5% more than the same period in 2021 (but 1% higher for the median price).
Why do people move to this community of East Greenwich RI? Within Kent County this suburban town is noted for fine homes, great public schools, being near shopping malls and easy highway access. Its closeness to the Providence airport and the capitol of RI makes East Greenwich a great buying into option town.
Interested in homes for sale in East Greenwich? As an East Greenwich RI real estate specialist, I provide you insight, neighborhood information and choices for your next move. Let me do a more in depth analysis for you into what is happening in the market at your price point as well as surrounding towns.
Looking to buy an East Greenwich home? The neighborhoods of East Greenwich are unique to each other and real estate guidance is essential. I work as a Buyers’ Agent as well as a top Listing Agent for my East Greenwich clients in order to guide you well. Promotion is key so let’s talk about my aerial photography and videos for your home that offer faster sales too when we meet.
Here are a sampling of the most current East Greenwich homes for sale under $800,000:
Here are a sampling of the other most current East Greenwich homes on the market:
This is the time to call me, Ginny Gorman, an East Greenwich and RI real estate agent, at 401.529.7849 or email me at RiByTheBay@gmail.com. Let me discuss what listing your East Greenwich house for sale will bring for you pricewise, developing a strategic marketing plan for your home.
This East Greenwich RI real estate data here is the most current for buyers, sellers and homeowners. Talk to me, Ginny Gorman, about your home sale needs where ever they may take you. “RI Real Estate is My Passion … Marketing Drives My Business…Both Are in my DNA”. Call me today.
The East Greenwich Homes for Sale Report for October 2022 is here for you to stay current on this local real estate market.
~~~~~~~~~~~~~~~~~~~~~~~~~~
When you are in need of a top selling East Greenwich & RI real estate professionhouses at top negotiated prices in this RI real estate market call Ginny at 401.529.7849 or email me at Ribythebay@gmail.com.al and specialist for your buying, selling or relocating RI real estate home needs, call Ginny Gorman. An internet savvy East Greenwich real estate agent & marketer who successfully lists and sells RI. Some just listen but I listen as well as deliver for my clients every time.
