Home sales drop in R.I. in April amid COVID-19 pandemic; median price rises on year

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SALES OF single-family homes in Rhode Island declined 9.5% year over year in April while the median price increased 7.5% in that time. / AP FILE PHOTO/DAVID ZALUBOWSKI
SALES OF single-family homes in Rhode Island declined 9.5% year over year in April while the median price increased 7.5% in that time. / AP FILE PHOTO/DAVID ZALUBOWSKI
PROVIDENCE – The COVID-19 pandemic appears to have impacted the rate of real estate sales and listings in Rhode Island, new data shows. Sales of single-family homes in Rhode Island in April declined 9.5% year over year to 738, according to the Rhode Island Association of Realtors Thursday. The median price of a single-family home…

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