When Comparing closed listings in Newport from November 2010 vs. November 2011, number of sales are up 114.3%. The number of Pending Sales has increased 63.6%, year over year comparison. There are currently 234 listings available in Newport, down 2.5% from 2010.
The average sales price year to date is $184,608 (down 2.71% from 2010), and the average List Price in 2011 (year to date) is $259,002 (up 2.87% from 2010).
With the great number of properties available, lower asking prices, low interest rates.... It's a great time to be a buyer … (2 comments)
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