Median price of a home in R.I. rises 13.7% Y/Y in Q1

THE MEDIAN PRICE of a single-family home in Rhode Island increased 13.7% year over year to $290,000 in the first quarter. / PBN FILE PHOTO/MICHAEL SALERNO
THE MEDIAN PRICE of a single-family home in Rhode Island increased 13.7% year over year to $290,000 in the first quarter. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – The median sale price of a single-family home in Rhode Island increased 13.7% year over year to $290,000, the Rhode Island Association of Realtors said Friday. Sales in the quarter totaled 2,065, a 8.3% increase from the first quarter of 2019. “Realtors were incredibly busy in the first quarter, even through the end…

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