R.I. home prices rise 14.4% in Q2 Y/Y amid slowing sales

PBN Staff

07/20/2022

homesales — THE MEDIAN SECOND-QUARTER sale price of a single-family home in the state was $422,000, a 14.4% increase year over year, according to data released by the Rhode Island Association of Realtors on Wednesday.

PROVIDENCE – The median second-quarter sale price of a single-family home in the state was $422,000, a 14.4% increase year over year, according to data released by the Rhode Island Association of Realtors on Wednesday. Sales in the state slowed, totaling 2,528, a decline of 14.1% from the first quarter of 2021. “The highly competitive nature of…

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