Activity ReportBlog August 25, 2020

Rhode Island Real Estate Activity Numbers | August 9 to 15, 2020

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

There is little change from the prior week’s activity.  The number of properties listed continues to lag behind the 2019 numbers.
The properties under agreement have been trending up since May.
The sold properties, while still behind 2019 on a YTD basis, are showing slight increases.
The trends continue with increases in list prices, sold prices and very limited inventory.
It continues to be a robust seller’s market with unprecedented numbers of multiple offer situations.  As we approach the fall market, please contact one of our talented real estate specialists to learn what this may mean for you.