Rhode Island Market Report
June 2020
Finding the right home in your budget can be difficult
Homes Under $500k Right Now 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 June 2020 to June 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%
3,865
For Sale Units
(June 2020)
↓ 17%
952
Homes Sold
(June 2020)
↑ 60%
1,836
Under Contract Units
(June 2020)
↑ 3.7%
$384, 694
Average Sold Price
(June 2020)
↑ 3.7%
$309,950
Median Sold Price
(June 2020)
↓ 16%
50
Avg. Days on Market
(June 2020)
↑ 4.1%
$228
Avg. Price Per Square Foot
(June 2020)
↓ 59.7%
1.6
Months of Supply
(June 2020)