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August Housing Market Update 2022

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,...

Sep 13 2 minutes read

Here are the latest single-family market stats comparing J 2022 with 2021.

Rhode Island 2022 Vs 2021

📉 Total Sales - Down 14%

📈 Average Sales Price - Up 3% ($520,132)

📈 Median Price - Up 4% ($405,000)

📈 Avg Price Per Sq Ft - Up 7.8% ($316)

📈 Average Days on Market - Up 1.4% (35)

Warwick 2022 Vs 2021

📉 Total Sales - Down 6.5% 

📈 Average Sales Price - Up 17% ($418,242)

📈 Median Sales Price - Up 10% ($356,950)

📈 Avg Price Per Sq Ft - Up 12% ($292)

📉 Average Days on Market - Down 7.5% (30)

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