Top Small Teams in Rhode Island – Ranked By Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1The Halladay/Scotti TeamRE/MAX PreferredNorth Providence, RI 95.0View Profile
2Greene | Sweeney TeamResidential Properties Ltd.Providence, RI 93.5View Profile
3The Chris Woodard TeamKeller Williams CoastalWarwick, RI 77.8View Profile
4Matt Patty TeamCENTURY 21 Shoreline PropertiesWarwick, RI 77.0View Profile
5DiSpirito TeamEngel & Völkers East GreenwichEast Greenwich, RI 74.0View Profile
6The Local GroupLila Delman CompassNarragansett, RI 66.0View Profile
7Stephanie Basile GroupCompassProvidence, RI 64.0View Profile
8Kirk | Schryver TeamCompassBarrington, RI 63.5View Profile

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2022 Market Summary

Rhode Island started 2022 with a total of 668 single-family homes on the market, with a median home price of $459,900 and an average price per square foot of $362. By the end of the year, inventory had increased to 747 homes on the market (+11%), with a median home price of $475,000 (+3%) and an average price per square foot of $355 (-1%).

At the start of 2022, the median days on market (DOM) was 49 days – by the end of the year, median DOM had increased to 56 days.

Rhode Island started the year with 20% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 26% of Rhode Island homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Rhode Island started 2022 as a strong seller’s market, with an MAI score of 59; by the end of the year, the MAI had dropped to 46 – a strong seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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