Please find the latest market activity comparisons for the state of Rhode Island.
Please note, we have moved to a biweekly format.
The trends are similar to the last report. There was a slight increase in new listings.
The properties under agreement continue to hold strong and have outpaced 2019 since May.
The properties sold were down from the prior two weeks but continue to be ahead of 2019.
It is an opportune time for sellers to take advantage of the appreciating market prices. With the limited inventory, correctly priced homes are still receiving multiple offers.
Every indication is that the market will remain strong in 2021. To learn what this may mean for you, please contact one of our talented real estate specialists. www.mottandchace.com/agents