Hey there, home buyers and sellers! We've got some great news for you - the Rhode Island housing market is still going strong in April 2024. We've compared the year-over-year numbers from April 2023, and the data speaks for itself. Here are the highlights:
RI Single Family Home Sales
- Median Sales Price - $453,000 (Up 6.59%)
- Average Sales Price - $589,443 (Up 13.33%)
- Average SP/OLP - 101% (Flat)
- Average DOM - 34 (Down 10.53%)
- Total Sales - 559 (Up 4.49%)
RI Condo Home Sales
- Median Sales Price - $355,500 (Up 4.59%)
- Average Sales Price - $439,651 (Up 4.80%)
- Average SP/OLP - 101% (Flat)
- Average DOM - 33 (Down 10.81%)
- Total Sales - 152 (Up 16.03%)
RI Multi-Family Home Sales
- Median Sales Price - $525,000 (Up 16.67%)
- Average Sales Price - $534,489 (Up 9.77%)
- Average SP/OLP - 101% (Down 1.94%)
- Average DOM - 27 (Down 3.57%)
- Total Sales - 131 (Up 11.97%)
City of Warwick Single Family Home Sales
- Median Sales Price - $385,000 (Up 12.24%)
- Average Sales Price - $428,512 (Up 10.63%)
- Average SP/OLP - 103% (Up 1.98%)
- Average DOM - 20 (Down 37.50%)
- Total Sales - 66 (Up 20%)
Kent County Single Family Home Sales
- Median Sales Price - $387,500 (Up 6.75%)
- Average Sales Price - $430,185 (Up 0.26%)
- Average SP/OLP - 101% (Flat)
- Average DOM - 29 (Down 12.12%)
- Total Sales - 118 (Up 11.32%)
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