Find new Homes For Sale Rhode Island Real Estate Market Dec. 2014
Home Prices in Rhode Island for November 2012
Real estate market data for Rhode Island provided by Allison Bernard of Keller Williams Central Rhode Island 1179 Pontiac Avenue Cranston Rhode Island 02920 Call today to buy or sell or invest in real estate. (401) 533-6916.
Rhode Island Home Prices: Why is everyone waiting to put their home on the market in Spring? While historically that makes sense, not based upon November's numbers.
The bottom of our humps on list price since 2010 have been months like January, Febraury, March, April for home prices in Rhode Island and median list price is up $20,000 in the last two years. Although interest rates popped up slightly since last month it is a great time to buy a home in Rhode island and at Keller Williams Central Rhode Island we service buyers across Rhode Island and our experts on our Real Estate Market.
Looking to find the available Rhode Island real estate on the market our advanced website will offer you real time listings. There are about 3,500 straight active single family homes on the market and about 1,200 pending properties on market in Rhode Island (for simplicity active properties count does not include about 1,000 properties that may have returned to the market, been extended or come with contingencies). Rhode Island median days on market before they sold for November is 77 days and that is the lowest we have seen since summer of 2005. Could days on market continue to drop through July of 2015? Historically, the lowest days on market humps are in July, not November. Sold prices however are not rising as fast and as drastically as days on market is dropping (that will be next weeks blog post so stay tuned).
Rhode Island Real Estate Report Summary
The median list price in November for single family homes in Rhode Island is $230,000. The list prices barely decreased from the previous month.
The price per square foot for listings in this area is up only $10 since november 2011.
The median sale price in November for single family homes is $208,000. The sale prices dropped by $24,000 from the previous month.
The price per square foot for sales in this area is $150.
Find Homes for Sale in Rhode Island
Keller Williams Central Rhode Island invites you to search for the newest active homes in Rhode Island as well as properties that have come back on the market and be notified when Rhode Island homes come on the market.
If you or anyone you know is thinking about selling real estate you can easily find out what you home is worth this month based upon what else has closed like your home. Please email a Keller Williams Real Estate agent in Rhode Island , text or call Allison Bernard at 401-533-6916.