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Houses sold below assessment on average in RI during the first quarter of 2009

By Huiting zhuang

(Rhode Island) According to our research, Houses are on average sold below assessment statewide in the first quarter of 2009.

This research studied all 39 towns of the state of Rhode Island. 1973 houses are sold in the first quarter of Rhode Island. On average, houses were sold at 75% of town assessment. Of the 39 towns, we only observed Jamestown as an exception.

On average, houses are sold at 92% of listing price

In the period, 97 listings were expired in Rhode Island and they were on average 120% of assessment.

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Appendix: RI Sold Listings from Jan to March 2009.

Posted by Huiting Zhuang,Sell your business overseas on 04/18/2009 12:32 PM

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Rhode Island Real Estate Market in the Regional (Localism) Channel

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