Median home price in R.I. rises to $525K in July

THE MEDIAN sale price of single-family homes in Rhode Island was $525,000 in July, 4% higher than a year ago, according to the Rhode Island Association of Realtors.  / AP FILE PHOTO/ROGELIO V. SOLIS

WARWICK – The median sale price of single-family homes in Rhode Island was $525,000 in July, 4% higher than a year ago, according to the Rhode Island Association of Realtors.  Sales increased 3.2% year over year in July to 879, while pending contracts dropped 5.8% during the month.  “We would like to see less pent-up demand on

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