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2021 Market Update

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2021 Market Update

Nick Slocum, SRS, ABR, ePRO, RENE, CIC

Nick Slocum is a third generation real estate broker and Vice President at The Slocum Agency, a real estate brokerage and insurance agency in Warwick,...

Nick Slocum is a third generation real estate broker and Vice President at The Slocum Agency, a real estate brokerage and insurance agency in Warwick,...

Jan 18 2 minutes read

There's no doubt that the 2021 

housing market Was πŸ”₯.

Here are the latest single-family market stats comparing 2021 with 2020.

Rhode Island 2021 Vs 2020


πŸ“‰ TOTAL SALES- DOWN 1.3%

πŸ“ˆ AVERAGE SALES PRICE - UP 19% ($497K)

πŸ“ˆ MEDIAN SALES PRICE - UP 14% ($365K)

πŸ“ˆ AVERAGE SALES PRICE/LIST PRICE RATIO - UP 2.71% (102%)

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP 18% ($289)

πŸ“ˆ MEDIAN PRICE PER SQUARE FOOT - UP 17% ($261)

πŸ“‰ AVERAGE DAYS ON MARKET - DOWN 36% (34 DOM)

πŸ“‰ MEDIAN DAYS ON MARKET - DOWN 42% (22 DOM)


Warwick 2021 Vs 2020


πŸ“ˆ TOTAL SALES- UP 1.4%

πŸ“ˆ AVERAGE SALES PRICE - UP 15% ($342K)

πŸ“ˆ MEDIAN SALES PRICE - UP 19% ($315k)

πŸ“ˆ AVERAGE SALES PRICE/LIST PRICE RATIO - UP 2.7% (103%)

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP 17% ($258)

πŸ“ˆ MEDIAN PRICE PER SQUARE FOOT - UP 16% ($253)

πŸ“‰ AVERAGE DAYS ON MARKET - DOWN 36% (28 DOM)

πŸ“‰ MEDIAN DAYS ON MARKET - DOWN 34% (21 DOM)


Coventry 2021 Vs 2020

πŸ“‰ TOTAL SALES- DOWN 6.1%

πŸ“ˆ AVERAGE SALES PRICE - UP 15% ($340K)

πŸ“ˆ MEDIAN SALES PRICE - UP 10% ($327k)

πŸ“ˆ AVERAGE SALES PRICE/LIST PRICE RATIO - UP 0.5% (102%)

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP 19% ($238)

πŸ“ˆ MEDIAN PRICE PER SQUARE FOOT - UP 18% ($243)

πŸ“‰ AVERAGE DAYS ON MARKET - DOWN 37% (32 DOM)

πŸ“‰ MEDIAN DAYS ON MARKET - DOWN 42% (38 DOM)


If you’re curious about how this year’s market impacted the value of your home, send us a message. 
We’ll happily prepare a Comparative Market Analysis for you so that you are armed with the most current information for 2022. 

Are you looking to buy or sell your home?
We're here when you need us if you have questions about starting the process. 


Information deemed reliable but not guaranteed.

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