BlogMarket Report December 12, 2019

The November 2019 Rhode Island Real Estate Market Report

Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for November 2019. The median asking price for new listings increased 11.9%, while the median home price of sold listings increased 8.2%. The supply of inventory decreased from 6.1 months to 2.3 months when compared to the same time period last year. Additionally, the average days on market decreased 14.2% in November 2019 when compared to last year.

Read the full report below:
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