January 2022 Market Update
There's no doubt that the
housing market is π₯.
Here are the latest single-family market stats comparing Jan 2022 with 2021.
Rhode Island 2021 Vs 2020
π TOTAL SALES-UP 2.7% (760)
π AVERAGE SALES PRICE - UP 18.2% ($501,241)
π MEDIAN SALES PRICE - UP 12.1% ($370,000)
AVERAGE SALES PRICE/LIST PRICE RATIO - 100.47%
π AVERAGE PRICE PER SQUARE FOOT - UP 19.6% ($299)
π FOR SALE UNITS - Down 35.5%
Warwick 2021 Vs 2020
π TOTAL SALES- DOWN 4.8% (80)
π AVERAGE SALES PRICE - UP 20.1% ($372,788)
π MEDIAN SALES PRICE - UP 12.3% ($320,500)
AVERAGE SALES PRICE/LIST PRICE RATIO - 101.45%
π AVERAGE PRICE PER SQUARE FOOT - UP 9.5% ($264)
π FOR SALE UNITS - DOWN 26.3%
Coventry 2021 Vs 2020
π TOTAL SALES- UP 57.7% (41)
π AVERAGE SALES PRICE - UP 5.9% ($344,160)
π MEDIAN SALES PRICE - UP 3% ($339,900)
AVERAGE SALES PRICE/LIST PRICE RATIO - 99.7%
π AVERAGE PRICE PER SQUARE FOOT - UP .9% ($228)
π FOR SALE UNITS - DOWN 32.7%
If youβre curious about how this yearβs market impacted the value of your home, send us a message.
Weβll happily prepare a Comparative Market Analysis for you so that you are armed with the most current information for 2022.
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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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