You're Invited to our Open House Weekend!
Learn More

You're Invited to our Open House Weekend!

Learn More
Do you want content like this delivered to your inbox?
Share
Share

RI 🏠Prices Rise by Double Digits in September

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

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

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

Feb 8 2 minutes read

Today, the RI Association of Realtors released their most recent market stats comparing September in 2017 with September of 2016.

Here are the highlights statewide:

👍The median price of single-family homes rose 13.1% to $261,300

👇Sales Activity decreased 4.3 percent which is likely due to a 13.1% decline in the number of single-family homes available.

👍Condos saw a median price increase of 23.2% to $228,000

👍Condos saw sales activity also increase 18.4%

👍Multi-Family homes saw a median price increase of 22.2% to $219,900

👍Multi-Family homes had sales activity also increase 15.3%

And the single-family highlights in the central part of the state:

👍Warwick saw the median price increase 12.44% and the number of sales increase by 16.07%

👍East Greenwich saw their median price increase 15.22% their number of sales remain at the same pace as in 2016

👍& 👇West Warwick saw their median price increase 9.9% their number of sales drop 3.03%

👍Coventry saw the median price increase 18.63% and the number of sales increase by 14.04%

👍& 👇West Greenwich saw the median price increase by 105% but the number of sales dropped by 12.5%

👇 & 👇 North Kingstown saw the median price fall by 11.55% and the number of sales decrease by 36.36%

👍Cranston saw their median price increase by 17.24% and the total number of sales increase by 8.75%

 Source: RI Living October 25th, 2017 Press Release

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info