Activity ReportBlog August 4, 2020

Rhode Island Real Estate Activity Numbers | July 26 to August 1, 2020

Please find the latest weekly comparisons for the state of Rhode Island.

Note that finally the number of listings taken for the week surpassed the comparable week in 2019.  This is the first week since March 8th that we saw an increase.
The number of properties under agreement continues on an upward trend and has surpassed 2019 since the week of May 17th.
As expected, the number of sold properties has not caught up with 2019. They are, however, trending upwards and the end of July saw a significant increase.  We expect these trends to continue for the foreseeable future based on the market activity we are seeing.
To learn what this may mean for you, please contact one of our talented real estate specialists.