RI Real Estate Market Update

By
Real Estate Broker/Owner with William Raveis
The real estate market in Rhode Island is showing strong signs of recovery.  While each city/town and county have independent factors and data, the overall statewide market is currently enjoying strong demand as evidenced by these charts.    
 
While we are still oversupplied in some areas, this strong demand bodes well for reduction in overall supply which pushes us closer to price stabilization.
 
 
 RI Contracts Per Day
 
 
RI Pending Contracts
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Tags:
rhode island real estate raveis luxury newport providence middletown bristol portsmouth narragansett jamestown warren barrington providence

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Rainmaker
701,757
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great market update for your area; hopefully, the market will continue to produce great results for all of us. Thanks for sharing.

Mar 05, 2012 12:08 AM #1
Rainer
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James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado

Jun 11, 2012 03:58 AM #2
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Rainmaker
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Arthur Chapman

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