Single Family Activity for the Week of 10.20.08
Active Single Family Listings: 6949
Average List Price: $445,000
Average Days on Market for Actives: 126
Sold Single Family: 116
Average Sold Price: $284,000
Average Days on Market for Solds: 87

Condominium Activity for the Week of 10.20.08
Active Condo Listings: 1773
Average List Price: $344,000
Average Days on Market for Actives: 153
Sold Condos: 16
Average Sold Price: $199,000
Average Days on Market for Solds: 122

Single Family Activity for the Week of 10.13.08
Active Single Family Listings: 7033
Average List Price: $445,000
Average Days on Market for Actives: 145
Sold Single Family: 131
Average Sold Price: $338,000
Average Days on Market for Solds: 88

Condominium Activity for the Week of 10.13.08
Active Condo Listings: 1793
Average List Price: $343,000
Average Days on Market for Actives: 154
Sold Condos: 14
Average Sold Price: 249
Average Days on Market for Solds: 142

Condominium Activity Week Ending 9.12.08
Active Condo Listings: 1846
Average List Price: $ 349,000
Avg. DOM: 148
Sold Condos: 17
Average Sale Price: $ 202,000 - 94% of List Price
Average DOM:  112

Single Family Activity Week Ending 9.12.08

Active Single Family Listings: 7292
Average List Price: $ 449,000
Average DOM: 119
Single Family Sold: 101
Average Sale Price: $ 296,000 = 94% List Price
Average DOM: 89

While it is impossible to say this year has been less than encouraging as far as the real estate market goes, let’s move past the obvious and really look at the figures.  The fact remains, that while overall Rhode Island is considered a declining market, 1/3 of the state’s cities and towns are actually appreciating [...]

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Spring is here, which means this is the time of year where we see the most listings come one the market at one time.  Fall is another spurt, but there’s something about the thaw that brings people the moving idea all at once.  In a market where inventory is low, this is a blessed thing.  [...]