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July 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,...

Aug 8 2 minutes read

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

Rhode Island 2022 Vs 2021

📉 Total Sales - Down 15%

📉 Average Sales Price - Down .2% ($516,836)

📈 Median Price - Up 7% ($410,000)

📈 Avg Price Per Sq Ft - Up .6% ($313)

📉 Average Days on Market - Down 8% (30)

Warwick 2022 Vs 2021

📉 Total Sales - Down 20% 

📈 Average Sales Price - Up 21% ($416,075)

📈 Median Sales Price - Up 10% ($363,500)

📈 Avg Price Per Sq Ft - Up 15% ($287)

📉 Average Days on Market - Down 10% (26)

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