January 2025 Rhode Island Real Estate Market Report

The median asking price reached $475,000 in the month of January, while the median home price of sold listings reached $465,000. The supply of homes available for sale decreased from 3.1 months worth of supply to 2.2 months of supply when compared to the same time last year. Additionally, the number of days on market did not change from 42 days in January of 2024. There is still very strong demand for homes in Rhode Island and a lack of inventory to meet that demand.

December 2024 Rhode Island Real Estate Market Report

The median home sale price reached $472,000 in the month of December. The supply of homes available for sale dropped from 3.7 months worth of supply to 1.2 months of supply when compared to the same time last year. A balanced market should have 6 months worth of homes available for sale, so this still remains a seller’s market, and well-priced homes continue to get sold quickly.

October 2024 Rhode Island Real Estate Market Report

The median home sale price reached $485,000 in the month of October. The supply of homes available for sale dropped from 3.3 months worth of supply to 2 months of supply when compared to the same time last year. A balanced market should have 6 months worth of homes available for sale, so this still remains a seller’s market, and well-priced homes continue to get sold quickly.

September 2024 Rhode Island Real Estate Market Report

Single family home sale prices have stayed elevated year-over-year, likely due to low inventory. A balanced market should have about six months of available inventory, while September 2024 had just 2.2 months of inventory. While mortgage rates seem to be coming down slightly, there is still significant buyer demand for well-priced homes.

Artist George Furbish to Exhibit at Mott & Chace Sotheby's International Realty

This fall, you'll be able to view and purchase the works for local Bristol artist George Furbish as he exhibits his work at the Mott & Chace office at 317 Hope Street in historic downtown Bristol.

Show runs from October 9th - November 9th

August 2024 Rhode Island Real Estate Market Report

Single family home sale prices have stayed elevated year-over-year, likely due to low inventory. A balanced market should have about six months of available inventory, while August 2024 had just 1.9 months of inventory. While mortgage rates seem to be coming down slightly, there is still significant buyer demand for well-priced homes.

Halloween Walkabout

Get dressed in your Halloween costumes and stroll downtown Bristol to enjoy the season with some trick or treating.

October 27th from 1-3 pm

July 2024 Rhode Island Real Estate Market Report

Single family home sale prices have stayed elevated year-over-year, likely due to a lack of inventory. A balanced market should have about six months of available inventory, while July 2024 had just 1.7 months of inventory. While mortgage rates seem to be coming down slightly, there is still significant buyer demand for well-priced homes.

May 2024 Rhode Island Real Estate Market Report

Strong buyer demand and a lack of homes available for sale has resulted in higher sale prices for single family homes in Rhode Island. Read more and see the May 2024 statistics.

Bristol Harbor voted among the best in the Nation.

Happy Summer!!

Nothing says summer better than a delicious and festive fruit salad to enjoy with your afternoon barbecue. Try this refreshing and yummy salad with your friends and family.

They say a picture’s worth a thousand words, but when it comes to buying and selling real estate, it could be worth millions of dollars.

Staging a room changes how buyers interact with the space and gives them an emotional connection to the home.

January is a great month to organize your home. Organized spaces help the household run smoother and can actually have health benefits such as lowering stress.

New Year, New Goals.

Like many people at this time of year, I am focusing on my goals for the year ahead, adding new resolutions and refreshing old ones.

In preparing your home for sale, one of the highest return project is painting. Whether it’s the interior or exterior, certain colors resonate better with buyers and can have positive results. Read on to learn more, and always feel free to reach out to me for a specific color suggestion.

If you’re planning a kitchen redesign, here are the latest trends to consider. From countertops to flooring to colors and beyond, see what styles are hot this year in kitchen design.

Looking for ways to promote wellness in home design? See what these experts have to say.

Get planning now to keep your 2018 home projects on schedule and free from stress!