Category Archives: Market Trends

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 …

Warwick, R.I. – September 16, 2020 – The Rhode Island Association of Realtors reported a double-digit increase in the median sales price of single-family homes in August, marking the 43rd consecutive month in which the median price of monthly sales rose or stayed the same from the previous year. At $333,164, the median price in …

Warwick, R.I. – August 17, 2020 – Rhode Island’s median home sale price typically hits an annual peak over the summer months and this year has been no exception. Sales data released today by the Rhode Island Association of Realtors show that the median price of single-family homes sold in July rose to $331,825, an 11.5 percent …

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 …

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 …

Warwick, R.I. – May 14, 2020 – Roughly two months after the news of the coronavirus spread to the masses, the Rhode Island Association of Realtors shared news of a housing market which began to show signs of the closed economy last month. April home sales data released today show a continued rise in median …

During the first quarter, Rhode Island home sales and prices rose compared to the prior year, according to statistics released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service. All sectors of the housing market started the year off on a solid foundation due to pent-up demand. That demand …

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 …