Though Inventory Grows, R.I.'s Median Home Price Continues to Rise
July 22, 2024
July 22, 2024
WARWICK, Rhode Island, July 22 (TNSres) -- Rhode Island Association of Realtors issued the following news release on July 22, 2024:
Despite a 32% increase in the number of single-family homes on the market since June of last year, the median price of Rhode Island homes sold last month continued to rise, hitting a new high of $494,000. The figure represented an 11.6% increase in median price from 12 months earlier, the Rhode Island Association of Realtors reported today.
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Despite a 32% increase in the number of single-family homes on the market since June of last year, the median price of Rhode Island homes sold last month continued to rise, hitting a new high of $494,000. The figure represented an 11.6% increase in median price from 12 months earlier, the Rhode Island Association of Realtors reported today.
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