Rhode Island

Strength 4 / 5

$480K

Cranston avg sale price fell back under $500K — now $480K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

34 days

Providence homes taking 34 days to sell — +78.9% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$485K

Cranston avg sale price fell back under $500K — now $485K

Dropping back below $500K re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

48 days

Cranston homes taking 48 days to sell — +54.8% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

37 days

East Providence homes taking 37 days to sell — +146.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.