Sunday, January 3, 2016

2015 Final Rhode Island Real Estate Market Statistics

2015 Final Rhode Island Real Estate Market Statistics

By Emilio DiSpirito, Top Realtor Licensed Rhode Island Real Estate Agent #S35582
The DiSpirito Team - HomeSmart Professionals - 501 Centerville Rd Warwick RI 02886
 Emiliodiv@gmail.com - 401-359-2338

EVERYONE KNOWS THE REAL ESTATE MARKET DID WELL IN 2015... HOW WELL?

rhode island real estate market data
Rhode Island Home of The Best Coastline in America
Quick RI Real Estate 2015 Facts:

  • 13,233 was the total number of combined real estate sales in Rhode Island for Single Family Homes, Multi Family Homes, Condominiums, Vacant Land
  • 8% more properties were sold in Rhode Island 2015 over 2014 (12,168 total sales in 2014 for single family, multi family, condos, land)
  • Median Single Family Home in RI Sale Price in 2015 rose 5.5% over 2014
    • 2014 SFM SP $214,900 8928 units sold vs. 2015 SFM SP $225,000 9738 units sold
  • Median Condo in RI Sale Price in 2015 rose 2.8% over 2014
    • 2014 CND SP $195,000 1566 units sold vs 2015 CND SP $200,444 1643 units sold
  • Median Multi Family Home in Rhode Island Sold 13.8% higher in 2015 than in 2014!
    • 2014 MFM SP $145,750 1335 units sold vs 2015 MFM SP $169,000 1510 units sold
  • 342 pieces of land sold in 2015 vs 339 in 2014. Land sales remain steady.
  • In 2015 39.6% of all listings on MLS were either withdrawn or had expired under the agent that had the listing vs. 33.7% of total listings withdrawn in 2014
    • Many were relisted, prices adjusted, new marketing put in place and sold. The exact number is still undetermined.
  • Rhode Island is predicted by industry leaders to be the #1 Housing Market in America in 2016! 
who is the top real estate agent in rhode island
Emilio DiSpirito, Host, The Round Table


Tune into The Round Table Real Estate Simplified each Sunday at 10 am on iHeartradio "whjj" and Newsradio 920! We are talking about the timley & balanced truths of the Real Estate Market with some of the best real estate professionals sharing their wisdom and incites right here in Rhode Island! For more information please visit: www.TheRoundTableRadio.com









All information was extracted from Statewide MLS 1/4/2016. Information deemed reliable but not guaranteed.

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