BlogMarket Report March 13, 2020

The February 2020 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 February 2020.  The median asking price for new listings increased 4.9%, while the median home price of sold listings increased 10.0%.  The supply of inventory decreased from 5.7 months to 1.7 months when compared to the same time period last year.  Additionally, the average days on market decreased 20.1% in February 2020 when compared to last year.

Read the full report below:
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