Rhode Island Market Report
July 2020
Should you wait until next year to buy?
Find out here If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.
Our market report for Rhode Island showcases everything you need to know about local real estate trends and compares the statistics from July 2020 to July 2019.
Are you curious about the numbers in a specific city or town?
Reach out and we'd be happy to run those numbers for you.
↑ 38.3%
3,864
For Sale Units
(July 2020)
↑ 2.9%
1,210
Homes Sold
(July 2020)
↑ 74.7%
1,874
Under Contract Units
(July 2020)
↑ 18.2%
$429,534
Average Sold Price
(July 2020)
↑ 12.7%
$332,500
Median Sold Price
(July 2020)
↓ 18.1%
53
Avg. Days on Market
(July 2020)
↑ 11.3%
$247
Avg. Price Per Square Foot
(July 2020)
↓ 81.5%
0.8
Months of Supply
(July 2020)