Category Archives: Market Trends

Market Trends

R.I. housing market remains strong in July

Single-family home sales rose ten percent from July 2018 to July 2019 while the median price of those sales increased 6.5 percent to $297,500, according to sales data released today by the Rhode Island Association of REALTORS® and its subsidiary, State-Wide Multiple Listing Service. While sales and prices continue to climb, the market remains constricted …

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Market Trends

R.I. single-family home sales rise in second quarter

August 1, 2019 — The Rhode Island Association of Realtors released second-quarter sales statistics today from State-Wide Multiple Listing Service, an association subsidiary which tracks all Realtor-assisted sales. The data portrayed a Rhode Island housing market that continued to gain momentum from the previous year. The number of existing single-family home sales increased 2.6 percent …

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Market Trends

RI REALTORS release June home sales statistics

July 19, 2019 – Housing sales in Rhode Island became more restrained in June, following a strong end to the spring selling season in May. The Rhode Island Association of Realtors reported that sales declined 5.1 percent last month compared to June of 2018. Pending sales however, increased 14.4 percent, an indication that completed transactions …

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Market Trends

May sets new RI median sales price record

Warwick, RI – June 21, 2019 – Strong momentum continued in Rhode Island’s housing market last month according to statistics released today by the Rhode Island Association of Realtors. With 1076 single-family sales, closing activity topped May 2018 sales figures by 11.5 percent while the median sales price of those homes reached more than $300,000 …

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Market Trends

RI Realtors report active April housing market

Warwick, RI – May 21, 2019 – The median price of single-family homes sold in April reached $275,000, a 2.1 percent hike from 12 months earlier. Despite the rainy weather, sales activity also increased, rising 8.7 percent year over year. Though the number of single-family homes listed for sale in April was 6.5 percent more …

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Market Trends

Median R.I. home price still rising in first quarter

According to first quarter sales statistics from the Rhode Island Association of Realtors, the median price of single-family home sales increased two percent from the first quarter of 2018 to $255,000. Nine municipalities saw double-digit increases in median price with Westerly leading the pack with a 27.8 percent gain. Median price reflects the mid-point of …

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Market Trends

R.I.’s housing supply shows February gains

Warwick, RI — March 21, 2019 — February sales data recently released by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service show signs of promise for buyers who have been hindered by low inventory in Rhode Island’s housing market for the past several years. With 5.9 percent more single-family home …

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Market Trends

R.I.’s home sales trends stay on course at beginning of year

Warwick, RI – February 21, 2019 — January sales data released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service, reflect that 2018 housing trends are continuing into the new year. Low inventory levels continued to move prices upward in Rhode Island’s single-family home market last month. At $253,000, …

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Market Trends

Median R.I. home price continued to rise in 4th quarter 2018

Though single-family home sales fell 7.3 percent in the last three months of 2018, the median sales price continued to rise, increasing four percent from the fourth quarter of 2017 to $268,000. Sales data released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service, portray a market beginning to …

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