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Blog • Market Report • January 13, 2020

The December 2019 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 December 2019.  The median asking price for new listings increased 9.2%, while the median home price of sold listings increased 8.1%.  The supply of inventory decreased from 6.0 months to 2.1 months when compared to the same time period last year.  Additionally, the average days on market decreased 3.6% in December 2019 when compared to last year.

 

Read the full report below:
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