May 2022 Market Update
Here are the latest single-family market stats comparing May 2022 with 2021.
Rhode Island 2022 Vs 2021
π Total Sales - Down 9.6%
π Average Sales Price - Up 13% ($571,111)
π Median Price - Up 15.6% ($419,000)
π Avg Price Per Sq Ft - Up 14% ($339)
π For Sale Units - Down 9.6%
Warwick 2022 Vs 2021
π Total Sales - Down 17%
π Average Sales Price - Up 15.5% ($404,144)
π Median Sales Price - Up 22% ($378,000)
π Avg Price Per Sq Ft - Up 14.6% ($290)
π For Sale Units - Down 17%
Coventry 2022 Vs 2021
π Total Sales - Down 14.6%
π Average Sales Price - Up .8% ($366,146)
π Median Sales Price - Up 11.6% ($377,000)
π Avg Price Per Sq Ft - Up 12% ($263)
π For Sale Units - Down 28%
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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Information deemed reliable but not guaranteed.
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