Narragansett Real Estate Trends & Statistics

Narragansett Median List Price

$479,000

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Narragansett Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	180	163	10%	203	11%
Median List Price	$479,000	$440,000	9%	$525,000	9%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	1%		-
Median DOM	64	61	5%	91	30%
Median House Size	1,640	1,594	3%	1,696	3%
Median $/Sqft	$316/sqft	$305/sqft	4%	$298/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	139	125	11%	159	13%
Median List Price	$500,000	$494,900	1%	$570,000	12%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	1%		-
Median DOM	62	61	2%	93	33%
Median House Size	1,768	1,704	4%	1,800	2%
Median $/Sqft	$318/sqft	$321/sqft	1%	$300/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	41	38	8%	44	7%
Median List Price	$384,000	$389,000	1%	$429,900	11%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	75	62	21%	4	1775%
Median House Size	1,264	1,264		1,320	4%
Median $/Sqft	$304/sqft	$276/sqft	10%	$273/sqft	11%

Narragansett Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	14	18	7	11	8	11	16
New Listings	29	21	13	28	25	58	42
Sold/Expired	42	32	40	48	29	31	33

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	13	15	7	11	8	8	15
New Listings	22	17	10	24	20	43	37
Sold/Expired	32	26	32	41	21	27	26

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	1	3	-	-	-	3	1
New Listings	7	4	3	4	5	15	5
Sold/Expired	10	6	8	7	8	4	7

Narragansett, Rhode Island real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Narragansett homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Narragansett. Movoto is your comprehensive source for Narragansett property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Narragansett, RI Market Overview

Inventory: 180 Recently Sold: 33 New Listings: 42 Distressed: 0

Narragansett's home resale inventories increased, with a 10 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Narragansett went up from April to May. There were a total of 1 price increases and 16 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

40 Hemlock Ave, Narragansett, RI