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2nd Quarter 2022 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,...

Jul 18 1 minutes read

Here are the latest single-family market stats comparing 2nd Quarter 2022 with 2nd Quarter 2021.

Rhode Island 2022 Vs 2021

📉 Total Sales - Down 14%

📈 Average Sales Price - Up 13% ($552,99

📈 Median Sales Price - Up 14% ($421,000) 

📈 Avg Price Per Sq Ft - Up 13% ($329) 

📉 For Sale Units - Down 13%

Warwick 2022 Vs 2021

📉 Total Sales - Down 18% 

📈 Average Sales Price - Up 26% ($430,816) 

📈 Median Sales Price - Up 18% ($366,000)

📈 Avg Price Per Sq Ft - Up 21% ($303) 

📉 For Sale Units - Down 17%

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