Keller Williams In Rhode Island: How Are They?

Real Estate Agent with Keller Williams Central Rhode Island Licensed in RI: 35311

Keller Williams In Rhode Island: How Are They?

Keller Williams Real estate report card for Rhode Island provided by Allison Bernard of Keller Williams Central Rhode Island.


Keller Williams Realty Home Prices


We have seen 4 straight months of price increases on home prices in Rhode Island listed by Keller Williams Rhode Island Real Estate agents and how fast Keller Williams Realty RI agents are selling their listings has me a little wide eyed. I report my data from a price trends graph I compiled that shows the total count of Properties and average price of those Properties quarterly for KW RI agents. List Price is used for Actives and Sale Price is used for Solds. The count and average price are calculated for each Quarter. 


Price Trends


If you are considering buying a home your Keller Williams Realty professional licensed in Rhode Island can still find you real estate values in Rhode Island housing.  A local expert real estate agent who understands this Rhode Island market will save you time, stress and the risk of overpaying.  If you are ready you should act because the Fed is set to increase interest rates and your purchasing power could decrease if you plan on financing real estate.


View the Price Trend Chart by Quarter.  This bar chart reflects average property prices and percent change by Quarter and it shows 4 quarters of increase in average sales price on Keller Williams Rhode Island listings.


Average Sales Price


As you can see from the graph below, listings are not selling exactly for asking price.  This  market trends graph of Rhode Island Keller Williams Real Estate listings displays the average (blue line) and median (orange line) values. Average and median values are calculated for Quarterly.   To make sure you don't overpay for your home, hire the agent that does a thorough market analysis of the Rhody home on which you are making an offer. The Sales Price (SP) divided by the Original Listing Price (OLP) is first calculated for each property. The Average and Median values are then generated.  To calculate the average, the values for the SP/OLP for each property type is summed and the total is divided by the number of listings in the results set. The median is just the property with the middle SP/OLP value.  

Market Trends RI KW Real Estate


If you are interested in current inventory on the market in your Rhode Island zipcode click on the link. When the number of active listings decreases you see property selling faster. Rhode Island homes listed with a Keller Williams Realty agent have a median time of 60 days on the market at the moment I wrote this blog (December 22, 2015 at 11:30 am) before they sell.  My eyes are very wide because I had to go back to mid-2005 to see days on market this low for Keller Williams RI agents. What are you waiting for? Really.

Market Trends for Days On Market for RI KW Listings

This would suggest that sellers are in a great position to put their property on the market.  This is a great time to sell anything really. Low inventory in Rhode Island has caused some price points with certain home conditions to see multiple offers coming in. I was involved in one today for a property on the market only 3 days. Will this market change fast?  Yes.  This is why this data is only good today.  If you want this kind of market analysis call me at 401-533-6916 and I will custom tailor this for your zipcode and your amenities.  This is all very blanket general just to show you that Keller Williams Real Estate agents rock.  They do.  They are running businesses and providing excellent customer service to sellers and buyers to turn clients needs into goals met.

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Rhode Island Real Estate Report Summary For Keller Williams Realty Agents

The median list price in November for real estate in Rhode Island listed by KW agents is $239,900. The list price increased by 16% from the previous month.

The list price per square foot for listings in this area is $162.

The median sale price in November for RI KW real estate is $205,000. The sale prices increased by 5% from the previous month.

The sold price per square foot for listings in Rhode Island is $160.

Find Homes for Sale in The State of Rhode Island

Visit my website to search for homes in the State of Rhode Island or to be notified when Rhode Island homes come on the market (to get notified you need to fill in your info in the pesky window or just register to Get a Free Account).

To find out what you home is worth in the current market email me or call 401-533-6916 or visit


No need right now? Refer me to your friends, family and colleagues.  I am honest, ethical, experienced and ready to earn your business!

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