Study: Providence home appreciation differs from MLS data

A RECENT STUDY by Peter M. Scotti & Associates examined single-family home and condo sales in Providence over the past five years and found that single-family home appreciation is not as powerful as Multiple Listing Service indicates, while the condo market is more robust than what MLS data shows. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE
A RECENT STUDY by Peter M. Scotti & Associates examined single-family home and condo sales in Providence over the past five years and found that single-family home appreciation is not as powerful as Multiple Listing Service indicates, while the condo market is more robust than what MLS data shows. / BLOOMBERG FILE PHOTO/DERICK E. HINGLE
PROVIDENCE – Home prices are rising in Providence, according to data released by the Multiple Listing Service. But that data can obscure what appreciation really looks like for homeowners because it includes flips and substantive renovations. A study released this week by Peter M. Scotti & Associates examined home, condo and multifamily sales in Providence…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -