An oceanfront RI community of higher end real estate that indicates a sluggish market compared to 2012. However, Charlestown RI home sale prices are up 14% in 2013 over last year but home sales are down. At least 50% of homes for sale in Charlestown are over $400,000. Homeowners like the low real estate taxes here.

1. Charlestown RI Home Sales June 2013 Update
rihousehunt.com/charlestown-ri-home-sales-june-2013-update/
Ginny
Charlestown RI home sales June 2013 update provided by Ginny Lacey Gorman of RI
waterfront real estate.
The Charlestown homes for sale real estate market has been a
slower moving market this year for this oceanfront community.
Nestled in the southern part of Rhode Island this town offers
hideaway, beachfront and rural homes for the discriminating buyer.
Here is the June update, as follows:
Properties active and on the market: 131
Single-family properties closed in June: 8 ( up by 2 since
last month)
Average sales price: $ 417,857 (down by 8% over last
month)
Median sales price: $ 294,900 (3% increase over last
month)
Sales price to list price ratio: 95% (2% increase over prior
month)
Average days on the market: 187 (up 19% from last month)
Sales currently pending: 16 (up by33% over last month)
Charlestown RI Home Sales June 2013 Update
Charlestown’s home absorption rate is still in the double digits of home supply
(16 months of homes) which remains a buyers market. An 9% increase in home
inventory occurred in June. Charlestown homes $1 million and over account for
15% of the homes for sale now which is a big decrease from prior months.
Home inventory increased by 11 homes in June, pending sales increased by 4
homes and Charlestown RI home sales increased by 2 homes over May.
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. Charlestown has 50% of homes for sale over $400,000.
Breakdown of the 8 Charlestown RI home sales is as follows for the month of
June: 5 homes sold under $300,000, 1 home sold between $300,000-$400,000 and 2
homes sold over $400,000. Charlestown RI homes sales June 2013 still indicates
that the best value for location, taxes and low key living is the under $300,000 home
market here.
Charlestown RI home sales this year in June 2013 home sales are down by 5 homes over June

2. 2012.
Actually 2013 home sales through July stand at 55 home sales compared to 83 sold through July 2012. This is a 31%
decrease in Charlestown home sales in 2013 over last year. However, home sale prices rose by 14%! Are there
deals to be made…perhaps. Are sellers standing firmer on their home prices this year? Perhaps. You do not know
until you work with a real estate agent who represents your interests in making the right price offer!
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. Charlestown RI Home Sales June 2013 Update.
View Charlestown RI 02813 in a larger map
~~~~~~~~~~~~~~~~~~~~~~~~~~
Ginny Lacey Gorman is your go to Charlestown waterfront Rhode Island real estate agent…
knowing the Charlestown RI geographic area, schools, happenings and important tidbits of local
information. Email her at ginny@RIHouseHunt.com to make an appointment to find the home of
your dreams too!
Waterfront, oceanfront, luxury and coastal Rhode Island real estate are my specialty but all of RI
is my backyard. When you are in need of a real estate professional and specialist for your buying,
selling or relocating needs and an internet savvy Realtor® who sells RI houses in this RI real estate
market call Ginny at 401.529.7849.
About Ginny
Ginny Lacey Gorman has written 889 post in this blog.
I am a full time Realtor specializing in waterfront and luxury homes in the Southern RI area...affectionately
known as the RI Realtor with the Sparkly Red Shoes. Guiding buyers and sellers towards their home dreams because
there is no place like home. Living, working and playing in Rhode Island coastal real estate.
View all posts by Ginny →
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