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January 2022 MArket Update

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January 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,...

Feb 14 2 minutes read

There's no doubt that the

housing market is πŸ”₯.

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

Rhode Island 2021 Vs 2020


πŸ“ˆ TOTAL SALES-UP 2.7% (760)

πŸ“ˆ AVERAGE SALES PRICE - UP 18.2% ($501,241)

πŸ“ˆ MEDIAN SALES PRICE - UP 12.1% ($370,000) 

AVERAGE SALES PRICE/LIST PRICE RATIO - 100.47% 

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP 19.6% ($299)

πŸ“‰ FOR SALE UNITS - Down 35.5%


Warwick 2021 Vs 2020

πŸ“‰ TOTAL SALES- DOWN 4.8% (80)

πŸ“ˆ AVERAGE SALES PRICE - UP 20.1% ($372,788)

πŸ“ˆ MEDIAN SALES PRICE - UP 12.3% ($320,500) 

AVERAGE SALES PRICE/LIST PRICE RATIO - 101.45%

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP  9.5% ($264)

πŸ“‰ FOR SALE UNITS - DOWN 26.3%

Coventry 2021 Vs 2020

πŸ“ˆ TOTAL SALES- UP 57.7% (41)

πŸ“ˆ AVERAGE SALES PRICE - UP 5.9% ($344,160)

πŸ“ˆ MEDIAN SALES PRICE - UP 3% ($339,900) 

AVERAGE SALES PRICE/LIST PRICE RATIO - 99.7%

πŸ“ˆ AVERAGE PRICE PER SQUARE FOOT - UP  .9% ($228)

πŸ“‰ FOR SALE UNITS - DOWN 32.7%


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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