RI Real Estate Market Report, October 2022
We are pleased to release the Rhode Island real estate single family home statistics for October 2022. The median asking price for new listings reached $400,000, while the median home price for sold listings reached $405,000. The supply of inventory decreased from 2.7 months to 1.4 months when compared to the same period last year. Additionally, the average days on market stayed the dame from October 2021 to October 2022 - 38 days. Single family home sale prices have stayed e