Top Small Teams in Rhode Island – Ranked By Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Greene | Sweeney TeamResidential Properties Ltd.Providence, RI$94,337,400View Profile
    2Kirk | Schryver TeamCompassBarrington, RI$67,446,499View Profile
    3The Local GroupLila Delman CompassNarragansett, RI$50,330,522View Profile
    4Dina Karousos/Nicole Lucenti TeamGustave White Sotheby’s International RealtyNewport, RI$42,886,000View Profile
    5The Halladay/Scotti TeamRE/MAX PreferredNorth Providence, RI$39,740,667View Profile
    6The Chris Woodard TeamKeller Williams CoastalWarwick, RI$39,339,701View Profile
    7DiSpirito TeamEngel & Völkers East GreenwichEast Greenwich, RI$36,336,221View Profile
    8Stephanie Basile GroupCompassProvidence, RI$34,605,361View Profile
    9Matt Patty TeamCENTURY 21 Shoreline PropertiesWarwick, RI$31,401,412View Profile
    10The Newport Group at Coldwell BankerColdwell Banker RealtyNewport, RI$30,514,775View Profile
    11Welchman Real Estate GroupKeller Williams CoastalWarwick, RI$26,502,450View 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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