Category Archives: Market Trends

Market Trends

Median single-family home price jumps 17 percent in January

Warwick, RI – February 20, 2020 –The first month of 2020 saw significant growth in Rhode Island’s housing market. The Rhode Island Association of Realtors reported a double-digit increase in the median price of single-family homes sold last month. January’s median sales price of $296,750 represented a 17 percent hike year-over-year. Last month’s price increase …

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Market Trends

Year-over-year gains in R.I.’s 2019 housing market

Warwick, R.I. – January 22, 2020 – The Rhode Island Association of Realtors today released 2019 home sales data which showed year-over-year increases in median price for all residential property types. Multifamily homes reaped the largest gain with an 11.1 percent increase compared to 2018. The 2019  median sales price of multifamily properties was $270,000. …

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Market Trends

Median sales price climbs in November in R.I.’s housing market

Warwick, RI, December 19, 2019 – Sales data released today by the Rhode Association of Realtors showed that the median sales price of single-family homes sold in Rhode Island rose to $290,000 in November, an 8.3 percent increase over November of 2018. Though sales activity decreased by 5.6 percent year-over-year, pending sales – or those …

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Market Trends

Median sales price continues ascent in October in R.I.’s housing market

Single-family home closings also increase in October With a year-over-year hike in both median price and closing activity last month, Rhode Island’s single-family housing market continued to gain momentum heading into the last quarter of the year. According to statistics released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing …

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Market Trends

R.I. housing market good for buyers and sellers alike

October 22, 2019 — The Rhode Island Association of Realtors (RIAR) and its subsidiary, State-Wide Multiple Listing Service, released September sales data today which showed that Rhode Island’s single-family home market is holding steady heading into the fall. The median price of September sales rose 9.1 percent to $295,000. Closing activity also increased 11.6 percent …

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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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