It’s been a busy 2nd quarter in my home state of RI! The four upcoming closings I have are indicative of just how hot the market has been. While days on market has been increasing in towns like Barrington,(Average DOM of 96 days), the average list to sold price remains high at 96%. Single-family home sales rose 10% from July 2018 to July 2019 and the median price of those sales increased 6.5% to $297,500 according to a recent report released by the RI Association of Realtors. These strong numbers reflect the steady market I’ve been experiencing throughout my small home state. This trend has been seen in my condo sales and my multi-family sales so it is not single-family-specific nor is it town specific. With sales in Smithfield, Richmond, Newport, Barrington, and the East Side I can attest that the market is solid across RI. With interest rates low, unemployment low and consumer confidence still high now is a great time to consider selling and/or buying. Reach out to me please if I can be of any real estate help! Helping my clients is the reason behind the “Huard Hustle” and the accompanying smile every darn day!
Click on the link below to more information regarding single-family home sales in the second quarter and happy fall!