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Market Report • News • June 20, 2018

May 2018 Rhode Island Real Estate Market Report

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for May 2018. The median home price for new listings increased 8%, while the supply of inventory decreased from 3.4 months to 2.3 months when the same time period last year.

Additionally, the average days on market decreased 15% in May 2018 when compared to last year.

Read the entire report here:

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