3 Things Homeowners Need to Know About North Kingstown Housing Market
By Emilio DiSpirito - Nationally Ranked Top Real Estate Professional & Realtor.
Contact us for questions http://www.mydreamhomenow.com/contact/
- Lowest real estate inventory in North Kingstown on record!
- About 104% less homes on the market in North Kingstown in 2017 vs. 2016!
- That is only 139 Homes for Sale! Vs. 284 Homes this time last year available for sale!
- Less homes for sale will equate to higher real estate values due to supply and demand in the marketplace.
- Imagine listing your home for sale with zero to limited competition? What will the results be when there are buyers looking in your neighborhood and they only have your home or a limited number of others to choose from?
- Now imagine listing your home in a more competitive market where buyers have more inventory to chose from. What happens then?
- What are the Assessed Home Values in North Kingstown vs. List Price?
- Currently a 31% difference on the median assessed home value vs. list price.
- What does that mean? If your home is assessed at $300,000, you may be looking at a list price depending on location & condition of $393,000.
- Currently a 31% difference on the median assessed home value vs. list price.
- What does that mean? If your home is assessed at $300,000, you may be looking at a list price depending on location & condition of $393,000.
- Historic Sales Price Trends in North Kingstown Rhode Island
- Median home sale in 2016 was $252,000 now in 2017 the median home sale in North Kingstown is $315,000.
- Roughly a 25% increase in median home sale prices
- Qualified home buyers are more plentiful than homes available for sale!
To schedule a professional real estate conslutation Call Emilio DiSpirito 401-359-2338.
Tune into our radio show each Sunday at 10 am streaming nationally on iHeartradio app WHJJ and Newsradio 920! Or visit www.TheRoundTableRadio.com for videos and podcasts of past segments!
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