Rhode Island Real Estate Activity Numbers | May 3 to 9, 2020

State of Rhode Island Real Estate Activity by the Numbers

Introducing the weekly year over year comparison.

Trend lines delineate a strengthening market. For the past four weeks the under agreement activity has been trending in a positive direction.  The specific results for last week show there was a difference of only 38 units year over year for properties that went under agreement in the comparable week.

On newly listed properties, the market is well below the 2019 levels, however three of the past four weeks showed increased activity.

This continues to be a great opportunity for Sellers with limited competition and low mortgage rates which are bringing serious buyers. If you are interested in buying or selling, please contact one of our talented real estate specialists.  www.mottandchace.com/agents