Rhode Island June Market Update
Numbers Are In!

Rhode Island Market Report

May 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 May 2020 to May 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.

 

↓ 39.1%

3,747

For Sale Units

(May 2020)

↓ 32.2%

738

Homes Sold

(May 2020)

↑ 33.8%

1,499

Under Contract Units

(May 2020)

 

↑ 3.5%

$383,066

Average Sold Price

(May 2020)

↑ 3.3%

$310,000

Median Sold Price

(May 2020)

 

 9.3%

51

Avg. Days on Market

(May 2020)

 2.7%

$230

Avg. Price Per Square Foot

(May 2020)

 44.3%

2.4

Months of Supply

(May 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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