Median home price in R.I. rises to $544K in August

THE MEDIAN sale price of single-family homes in Rhode Island was $544,000 in August, 6.7% higher than a year ago, according to the Rhode Island Association of Realtors. / AP FILE PHOTO/DAVID ZALUBOWSKI

WARWICK – The median August sale price of single-family homes in Rhode Island was $544,000, 6.7% higher than a year ago, according to the Rhode Island Association of Realtors.  Sales decreased 3.4% year over year in August to 741, while pending contracts dropped 7.2% during the month.  If no new residential properties were listed for sale,

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