Category Archives: Market Trends

Market Trends

Rhode Island Median Home Price Nears $340K

Warwick, R.I. – October 15, 2020 – Single-family home sales transacted through State-Wide Multiple Listing Service reached a median price of $339,900 in September, the highest monthly median price to date. MLS reported a year-over-year increase in median price of 15 percent and a hike in sales activity of 18 percent. State-Wide MLS is the listing information …

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Market Trends

Median price of R.I. single-family homes tops $300K in the second quarter

Warwick, RI – August 12, 2020 – Today, the Rhode Island Association of Realtors released second-quarter sales data from its subsidiary, State-Wide Multiple Listing Service.  While property sales were down considerably given the statewide shutdown during the second quarter, the median price of closed sales continued to rise. At $303,750, the median price of single-family homes topped …

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Market Trends

Pandemic impact on sales diminishing in R.I.’s housing market

Warwick, R.I. — July 15,2020 — While Rhode Island’s single-family home sales dropped 14.6 percent year-over-year in June, the decline was a significant improvement to the prior month when sales fell by more than 30 percent compared to 12 months earlier.  A review of month-to-month sales data from the Rhode Island Association of REALTORS also portrayed …

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Market Trends

Stay-at-home order curbs Rhode Island home sales in May

Warwick, R.I. – June 15, 2020 – The median price of single-family homes sold in Rhode Island hit a new record last month. May’s price of $309,500 was the third time in a year that Rhode Island’s median sales price topped the $300,000 threshold. The flip side of that news was a 31 percent decline in sales …

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Market Trends

R.I. Housing Sales Remain Active During March

Warwick, R.I. – April 10, 2020 … One month into the widespread effects of the coronavirus pandemic, statistics released today from RI Realtors indicate that despite impediments from COVID-19, single-family home sales rose slightly year-over-year in March and pending sales  – those under contract but not yet closed – dropped negligibly, down .4 percent. The …

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Market Trends

RI REALTORS® release February home sales statistics

Warwick, R.I. – March 20, 2020 – The Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service (MLS), released its February home sales data today which relayed a median price of single-family home sales in February of $274,900, a ten percent increase from 12 months earlier. The number of closed transactions also …

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