R.I.’s median home price rises to $475K in February; sales lowest since 2011

THE MEDIAN sale price of single-family homes in Rhode Island was $475,000 in February, 4.3% higher than it was a year ago, the Rhode Island Association of Realtors said Thursday. / ASSOCIATED PRESS FILE PHOTO/ROGELIO V. SOLIS

WARWICK – The median sale price of single-family homes in Rhode Island was $475,000 in February, 4.3% higher than a year ago, the Rhode Island Association of Realtors said Thursday.  Sales, however, fell 13.6% in February year over year to 349, the lowest for the month since 2011, the association said. Pending contracts rose 4.8% year over

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