Category Archives: Market Trends

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 …

Warwick, RI – April 22, 2019 — Home sales data released today by the Rhode Island Association of Realtors shows favorable trends for spring home buyers as inventory continues to rise and mortgage rates remain low. With 10 percent more single-family homes available for sale than a year ago, it appears that buyers will have more options …

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 …

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 …

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, …

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 …

Warwick, RI — January 28, 2019 – Sales of single-family homes dropped year-over-year in December, falling 15.6 percent from 12 months earlier according to the latest sales statistics from the Rhode Island Association of Realtors. Market inventory rose 8.3 percent while the median sales price increased to $265,000, a 3.9 percent increase from the median …

Warwick, RI – December 19, 2018 – November sales data released by the RI Association of Realtors (RIAR) and State-Wide Multiple Listing Service (MLS) reflect a strong housing market as the year heads to a close. Single-family home sales increased 2.1 percent from 12 months earlier and the median sales price of $267,700 represented a 3.4 percent …

Warwick, RI — November 21, 2018 – October saw much of the same in Rhode Island’s single-family home sale trends.  The median sales price of homes sold last month continued to rise year-over-year for the 21st consecutive month while sales activity decreased for the eighth consecutive month. At $271,750, October’s median sales price was 2.6 …

According to sales statistics from RI Realtors, the median sales price of single-family homes sold in Rhode Island during the third quarter rose to $275,000, a 3.8 percent year-over-year gain. Closing activity decreased 6.7 percent following two years of record-breaking sales. Block Island’s median sales price led the state at $1,095,000, the East Side of …