RHODE ISLAND
Q4 2017


RHODE ISLAND
Q4 2017

RHODE ISLAND PDF Share Facebook
ALL PROPERTY TYPES  M Q
Bristol County  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Kent County  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Newport County  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Providence County  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Washington County  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
.
M MONTHLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Q QUARTERLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Cities, areas, neighborhoods or property types within a county that are not represented indicate there is not enough sold data to produce a monthly or quarterly report for that specific city. If you are interested in information for a specific city, area, neighborhood and/or property type, please contact us.


REAL ESTATE SNAPSHOT | Q4 2017
RHODE ISLAND
Market Quarter Year to Date
Summary Q4 2017 Q4 2016 Percent Change Year-To-Date 2017 Year-To-Date 2016 Percent Change
New Listings 3551 3643 -2.53%  19251 20374 -5.51% 
Sold Listings 3509 3391 3.48%  13692 13259 3.27% 
Median Listing Price $250,000 $239,900 4.21%  $249,900 $239,000 4.56% 
Median Selling Price $250,000 $235,000 6.38%  $245,050 $230,000 6.54% 
Median Days on Market 42 55 -23.64%  41 55 -25.45% 
Average Listing Price $340,751 $300,517 13.39%  $318,343 $297,764 6.91% 
Average Selling Price $327,770 $289,195 13.34%  $308,169 $286,299 7.64% 
Average Days on Market 63 78 -19.23%  62 78 -20.51% 
List/Sell Price Ratio 97.6% 97% 0.56%  97.8% 97.2% 0.58% 
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change
Bristol 173 159 8.81%  193 167 16%  $353 K $330 K 6.85%  42 71 -41% 
Single Family Homes 155 139 12%  172 138 25%  $354 K $343 K 3.13%  37 76 -51% 
Condo-Townhome 18 20 -10%  21 29 -28%  $349 K $295 K 18%  69 64 7.81% 
Kent 787 837 -5.97%  727 727 0.00%  $219 K $205 K 6.83%  38 53 -28% 
Single Family Homes 690 721 -4.30%  636 633 0.47%  $223 K $206 K 8.25%  38 53 -28% 
Condo-Townhome 97 116 -16%  91 94 -3.19%  $160 K $173 K -7.51%  34 54 -37% 
Newport 321 340 -5.59%  367 345 6.38%  $384 K $370 K 3.65%  67 78 -14% 
Single Family Homes 253 271 -6.64%  289 287 0.70%  $390 K $363 K 7.59%  67 79 -15% 
Condo-Townhome 68 69 -1.45%  78 58 34%  $300 K $402 K -25%  68 75 -9.33% 
Providence 1754 1745 0.52%  1634 1618 0.99%  $220 K $202 K 8.91%  38 47 -19% 
Single Family Homes 1499 1484 1.01%  1380 1391 -0.79%  $227 K $209 K 8.37%  36 47 -23% 
Condo-Townhome 255 261 -2.30%  254 227 12%  $178 K $163 K 9.35%  48 47 2.13% 
Washington 516 562 -8.19%  588 534 10%  $350 K $326 K 7.44%  50 68 -26% 
Single Family Homes 433 472 -8.26%  492 463 6.26%  $368 K $330 K 11%  50 69 -28% 
Condo-Townhome 83 90 -7.78%  96 71 35%  $241 K $300 K -20%  50 63 -21% 
Total 3551 3643 -2.53%  3509 3391 3.48%  $250 K $235 K 6.38%  42 55 -24% 
Single Family Homes 3030 3087 -1.85%  2969 2912 1.96%  $255 K $236 K 8.19%  41 56 -27% 
Condo-Townhome 521 556 -6.29%  540 479 13%  $210 K $205 K 2.44%  52 52 0.00% 

RHODE ISLAND
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q4 2017 | Single Family Homes
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q4 2017 | Condo-Townhome
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

RHODE ISLAND
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q4 2017 | Single Family Homes
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q4 2017 | Condo-Townhome
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

RHODE ISLAND
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q4 2017 | Single Family Homes
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q4 2017 | Condo-Townhome
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

RHODE ISLAND
MONTHS SUPPLY OF INVENTORY
Q4 2017 | Single Family Homes
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.
MONTHS SUPPLY OF INVENTORY
Q4 2017 | Condo-Townhome
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

RHODE ISLAND
MEDIAN SALE PRICE AND UNITS SOLD
Q4 2017 | Single Family Homes
Median Sale Price vs. Number of Sold Properties each Year
MEDIAN SALE PRICE AND UNITS SOLD
Q4 2017 | Condo-Townhome
Median Sale Price vs. Number of Sold Properties each Year

RHODE ISLAND
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q4 2017 | Single Family Homes
Number of properties sold in the previous two years
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q4 2017 | Condo-Townhome
Number of properties sold in the previous two years

The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of BHHS New England Properties. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright ©2018 BHHS New England Properties.
Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.