Mott & Chace Sotheby’s International Realty is pleased to release the Rhode Island real estate single family home statistics for August 2019. The median asking price for new listings increased 6.7%, while the median home price of sold listings increased 7.3%. The supply of inventory decreased from 4.8 months to 2.0 months when compared to the same time period last year. Additionally, the average days on market increased 26.9% in August 2019 when compared to last year.
Read the full report below:
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