JUST CHILLING: White-hot R.I. luxury market shows early sign of cooling off

Updated at 1:15 p.m. on March 3

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MARQUEE SALE: The coastal estate known as Treasure Hill, located at 2 Kidds Way in Westerly, was the most expensive home sale in Rhode Island in 2022 at $17.7 million and one of only two of last year’s top 10 home sales to reach eight figures.
COURTESY LILA 
DELMAN COMPASS
MARQUEE SALE: The coastal estate known as Treasure Hill, located at 2 Kidds Way in Westerly, was the most expensive home sale in Rhode Island in 2022 at $17.7 million and one of only two of last year’s top 10 home sales to reach eight figures.
COURTESY LILA 
DELMAN COMPASS
By most measures, 2022 was a banner year for Rhode Island’s luxury real estate market. A total of 617 homes sold for more than $1 million in 12 months – and two of them reached eight figures. But when compared with 2021, the outcome was a little lacking, and most real estate observers say we…

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