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Ocean Mist estate sells for $7.1M, highest Newport sale in 2024

NEWPORT – A custom-built home called Ocean Mist on the waterfront recently sold for $7.13 million, marking the highest residential property sale in the...

South Kingstown waterfront estate sells for $6M

SOUTH KINGSTOWN – A 5,636-square-foot waterfront estate recently sold for $6 million, making it the highest home sale in the town this year, according...

Custom-built South Kingstown colonial ‘Sea Glass’ sells for $2.4M

SOUTH KINGSTOWN – A 4,500-square-foot colonial in South Kingstown that was custom built in 2021 recently sold for $2.4 million, making it the second...

Weekapaug home in Westerly sells for $6.8M, highest since 2020

WESTERLY – A 4,527-square-foot home in the town's Weekapaug neighborhood sold for $6.8 million, making it the most expensive home sold in that area...

Maine’s Shopping Center in South Kingstown sells for $3 million

SOUTH KINGSTOWN – A 19,900-square-foot shopping center in the town recently sold for $3 million, according to Lila Delman Compass, which represented the seller. Maine’s...

Waterfront condo in Bristol sells for $2.36M

BRISTOL – A 2,270-square-foot residential condominium on the waterfront recently sold for $2.36 million, according to Mott & Chace Sotheby’s International Realty, which represented...

Tudor estate built in 1927, 1.6 acres in Warwick sells for...

WARWICK – A Tudor-style estate in Warwick that was crafted in 1927 by renowned architect Marshall B. Martin recently sold for $1.79 million, according...
HIGH POINT: 
Sea View Villa on Easton's Point in Middletown, which had been in the Spiratos family since 1945, was the highest-priced house sale in Rhode Island for 2023 at $15 million. 
COURTESY GUSTAVE WHITE SOTHEBY'S INTERNATIONAL REALTY

Sales of luxury homes dampened by owners unwilling to let go

Supply and demand are equally important to support a thriving real estate market, but often they’re not equally balanced. That was the case in...
PRICY PAD: The listing for a 1,746-square-foot apartment in The Residences Providence on Apartments.com. Monthly rent: $6,800. Much like less-expensive housing in Rhode Island, luxury apartments are in short supply in the state. 
SCREENSHOT VIA APARTMENTS.COM

In R.I., high-end apartments are in demand, too

As apartment rents continue to soar within Rhode Island, even those with luxury budgets are feeling the squeeze. Currently, the most expensive apartment in Rhode...

Chapel Building Corp. building in East Providence sells for $750K

EAST PROVIDENCE – The former headquarters of a general contractor in East Providence recently sold for $750,000, according to local commercial real estate firm...
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