Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for May 2019. The median home price for new listings increased 3.3%, while the median price of sold listings increased 9.3%. The supply of inventory decreased from 3.3 months to 1.8 months when compared to the same time period last year. Additionally, the average days on market increased 44.0% in May 2019 when compared to last year.
Read the full report below:
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