Rhode Island Market Report
August 2020
Should you wait until next year to buy?
Find out here If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report for Rhode Island showcases everything you need to know about local real estate trends and compares the statistics from August 2020 to August 2019.
Are you curious about the numbers in a specific city or town?
Reach out and we'd be happy to run those numbers for you.
↓ 40%
3,820
For Sale Units
(August 2020)
↑ 4.7%
1,147
Homes Sold
(August 2020)
↑ 81.5%
1,875
Under Contract Units
(August 2020)
↑ 28.3%
$468,432
Average Sold Price
(August 2020)
↑ 13.3%
$334,125
Median Sold Price
(August 2020)
↓ 14.7%
51
Avg. Days on Market
(August 2020)
↑ 22.1%
$271
Avg. Price Per Square Foot
(August 2020)
↓ 70.7%
1.3
Months of Supply
(August 2020)
Warwick Market Report
Stats for August of 2020 and how they compared to August of 2019 for Single Family Homes
↓ 39.7%
368
For Sale Units
(August 2020)
↓ 0.8%
118
Homes Sold
(August 2020)
↑ 72%
203
Under Contract Units
(August 2020)
↑ 13.1%
$306,967
Average Sold Price
(August 2020)
↑ 13.5%
$270,000
Median Sold Price
(August 2020)
↓ 34.1%
36
Avg. Days on Market
(August 2020)
↑ 12.9%
$219
Avg. Price Per Square Foot
(August 2020)
↓ 71.6%
1.1
Months of Supply
(August 2020)