R.I. real estate market strengthened in August

THE MEDIAN PRICE OF single-family homes rose 7.8 percent in August to $235,000, and the number of single-family homes sold also increased 14.1 percent to 921, according to the Rhode Island Association of Realtors. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
THE MEDIAN PRICE OF single-family homes rose 7.8 percent in August to $235,000, and the number of single-family homes sold also increased 14.1 percent to 921, according to the Rhode Island Association of Realtors. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
WARWICK – The Rhode Island housing market continued to strengthen in August, with sales of condos, single-family homes and multi-family structures all climbing over 2014 levels. In addition to increases in sale quantities, the median sale price increased in August. The largest jump in price came in single-family homes, which rose nearly 8 percent to…

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