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Press Release

Contact: Kerry Park
Ph: 401-432-6948

Press Releases


February 2024

Realtors Report R.I.’s Home Sales Increased for the First Time in Two Years

Warwick, R.I. – March 19, 2024 – The Rhode Island Association of Realtors reported that February sales of single-family homes experienced the first year-over-year increase in over two years. Despite the 13% uptick in sales from February of last year, which followed a drop in mortgage rates, closing activity remained well below normal. Full Story

January 2024

R.I.’s December Home Sales Data Shows Potential Uptick in Activity in 2024

Warwick, R.I. – January 19, 2024 – In December, Rhode Island’s median sale price of single-family homes jumped 9.5% from 12 months earlier, more than twice the level of year-over-year appreciation seen at the end of 2022. Last fall’s high interest rates kept sales activity suppressed, while the continued shortfall of inventory kept prices elevated. The Rhode Island Association of Realtors reported a December median sale price of $427,000. Full Story

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