RHODE ISLAND ASSOCIATION OF REALTORS®, INC. "The Voice of Real Estate in Rhode Island" Press ReleaseContact: Kerry Park |
Press ReleasesFebruary 2020 2020 starts off with significant increases in Rhode Island’s housing marketWarwick, RI – February 20, 2020 --The first month of 2020 saw significant growth in Rhode Island’s housing market. The Rhode Island Association of Realtors reported a double-digit increase in the median price of single-family homes sold last month. January’s median sales price of $296,750 represented a 17 percent hike year-over-year. Full Story January 2020 Year-over-year gains in R.I.’s 2019 housing marketWarwick, R.I. – January 22, 2020 – The Rhode Island Association of Realtors today released 2019 home sales data which showed year-over-year increases in median price for all residential property types. Multifamily homes reaped the largest gain with an 11.1 percent increase compared to 2018. The 2019 median sales price of multifamily properties was $270,000. Full Story Sales and Median Price Continues Ascent in December’s R.I. Housing MarketWarwick, R.I. – January 16, 2020 – Rhode Island’s single-family housing market ended the year on a high note last month with an increase in both sales and median price year-over-year. Closed transactions in December were 19.1 percent higher than a year earlier. The median sales price of $285,000 represented an increase of 7.6 percent from December of 2018. According to data from the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service, January of 2017 was the last time the monthly median sales price of single-family homes showed an annual decline in the Ocean State. Full Story
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