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Rhode Island Market Report

July 2020

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)

Curious about what
your home is worth now?

We're able to explain what these numbers mean for you and your home's current market value. 

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