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Please find the latest weekly comparisons for the state of Rhode Island.
There was not a significant difference from last week’s numbers. The properties newly listed were relatively flat in comparison to the same time period last week and still significantly below 2019 levels. Historically the end of August has been a slow week for new inventory but our expectation is that new inventory will increase once we start the fall season.
The properties under agreement have trended down for the past two weeks due to limited inventory but remain above 2019 levels since May.
The sold properties showed a slight increase from the prior week but are still below 2019 levels.
To learn what this may mean for you, please contact one of our talented real estate specialists. www.mottandchace.com/agents
