Uncategorized January 13, 2020

A brisk month of activity in RI real estate for December 2019



It was a brisk month in RI real estate for the month of December! Here is a recap of the single-family home statistics for December 2019 as presented by Mott & Chace Sotheby’s International Realty for December 2019. The median asking price for new listings increased by 9.2% and the median home price of sold listings increased by 8.1%. The supply decreased from 6 months to 2.1 months when compared to this time last year. In addition, the average DOM ( days on market) decreased by 3.6% in December 2019 when compared to last year. Please click on the link below to read the detailed report and please reach out to me if you are thinking of buying or selling OR have a colleague, friend, neighbor or family member thinking of making a RI real estate move in 2020. I’d love to be of help!