Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for March 2020. The median asking price for new listings increased 1.2% while the median home price of sold listings increased 13.2%. The supply of inventory decreased from 4.5 months to 1.6 months when compared to the same time period last year. Additionally, the average days on market decreased 11.8% in March 2020 when compared to last year.
Read the full report below:
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