RIAR: Home prices in Dec. show gain while sales decline from 2016

THE MEDIAN SINGLE-FAMILY home sale price in December was $255,000, an increase of 8.1 percent. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
THE MEDIAN SINGLE-FAMILY home sale price in December was $255,000, an increase of 8.1 percent. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
PROVIDENCE – With the supply of homes for sale continuing to drop, the median sale price of a single-family home in Rhode Island in December increased 8.1 percent year over year to $255,000 from $235,900, according to the Rhode Island Association of Realtors Wednesday. There were 918 home sales in December, a 1 percent decline from…

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