Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for October 2019. The median asking price for new listings increased 11.8%, while the median home price of sold listings increased 7.5%. The supply of inventory decreased from 9.5 months to 2.1 months when compared to the same time period last year. Additionally, the average days on marketincreased 0.8% in October 2019 when compared to last year.
Read the full report below:
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