Category Archives: Market Trends

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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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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