RHODE ISLAND ASSOCIATION OF REALTORS®, INC. "The Voice of Real Estate in Rhode Island" Press ReleaseContact: Kerry Park |
Press ReleasesJune 2021 Realtors Report R.I. Housing Inventory VanishingWarwick, R.I. – June 16, 2021 – Double-digit appreciation continued in Rhode Island’s housing market last month. The median sales price of single-family homes rose to $365,000, an 18 percent gain since May 2020. Full Story May 2021 Depleting Supply Causes Rhode Island Home Prices to SkyrocketWarwick, R.I. – May 18, 2021 -- Once again, the Rhode Island Association of Realtors reported an all-time high in Rhode Island’s monthly median sales price of single-family homes. April’s median price was $349,000, an 18.1 percent gain from April of 2020. Full Story John Breault, Vice President of MLS, appointed to NAR MLS Association Executive Advisory BoardWarwick, R.I. – May 5, 2021 — John Breault, Vice President of MLS & Member Services for the Rhode Island Association of Realtors (RIAR) and State-Wide Multiple Listing Service (MLS), was recently appointed to the National Association of Realtors MLS Association (NAR) Executive Advisory Board. Full Story April 2021 Inventory Shrinks Further in R.I.’s Housing MarketWarwick, R.I. – April 15, 2021 -- Today, the Rhode Island Association of Realtors announced that in terms of supply, the start of the 2021 home selling season has been the leanest on record. With just 1192 single-family homes on the market in Rhode Island, the current inventory is approximately 25 percent less than the previous monthly record low of 1594 in the spring of 2002. Full Story March 2021 Rate of sales moderating in R.I.’s housing marketWarwick, RI -- March 19, 2021 - February home sales data released today by the Rhode Island Association of Realtors shows evidence of a moderating market. While still up over last year, the year-over-year increase in single-family home sales fell to just two percent in February, compared to a seven percent increase in January and a more than 20 percent gain in the months of September through December 2020. Full Story February 2021 January housing market remains strong but out-of-state buyer interest wanesWarwick, RI -- February 18, 2021 – Single-family home sales continued to rise year-over-year according to January sales data released today by the Rhode Island Association of Realtors, though at a more moderate rate. The Ocean State saw a seven percent increase in sales compared to January 2020, following four months of double-digit growth. Full Story January 2021 RI housing market set to see continued strengthWarwick, RI --January 22, 2021 – The Rhode Island Association of Realtors released December and fourth quarter home sales statistics today, which portrayed skyrocketing activity in the Ocean State’s housing market at the end of 2020. Full Story New heights reached in R.I.’s housing market in 2020Warwick, RI – January 15, 2021 -- For obvious reasons, 2020 was one for the record books and housing sales certainly stood out among them. With more single-family home sales than ever before, Rhode Island’s housing market soared despite a worldwide pandemic and historically low inventory levels. Sales statistics released today by the Rhode Island Association of Realtors, point to a single-family home market which saw a year over year gain of 5.1 percent in closed transactions and an increase of 12.3 percent in median price. Full Story
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