Rhode Island Real Estate
Home prices in Rhode Island are currently hovering around $245,000, up by about 5.8% from last year according to economists at Zillow. They predict that home prices will continue to increase this year by 4.3%. The average price of homes currently listed for sale is $269,000. The lowest prices have been in recent years was mid 2012, when priced bottomed out at around $200,000. The number of days homes sit on the market has decreased dramatically in recent years and is currently only 95 days. Other popular cities in Rhode Island that you might want to consider buying a home include Cumberland, Coventry, Cranston, Johnston, Warwick, Pawtucket, Providence and Woonsocket.
Providence has a reputation for amazing food, wonderful art and architecture. MSN named Providence to its list of top ten places in America to live, calling it the “most improved city” in the nation. Forbes Magazine named Providence among the top 50 places in the country for business and careers. Similarly, Money Magazine named Providence as the “Best City” in the East for young professionals because of our superb quality of life. The National Trust for Historic Preservation named Providence one of the dozen most distinctive destinations in the US. The list of accolades goes on and on!
There are many great REALTOR® in Providence including Joshua Cullion with RE/MAX, The Josh Risica Team with LoveTheEastSide, Jim DeRentis with Residential Properties, Taylor and Company with William Raveis, David Hasslinger with Residential Properties and Kevin Fox with Residential Properties.