BlogMarket Report May 12, 2020

The April 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 April 2020. The median asking price for new listings increased 1.3%, while the median home price of sold listings increased 7.5%. The supply of inventory decreased from 4.1 months to 1.8 months when compared to the same time period last year. Additionally, the average days on market decreased 1.8% in April 2020 when compared to last year.

Read the full report below:
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