MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Newport County, Rhode Island.
The report shows that the Median Sale Price in Newport County reached $850,000 as of August 2024, marking an increase of 27.8% over the previous month and a 18.9% rise compared to a year ago.
73 homes were sold, a decrease 16.1% from the previous month and an increase of 43.1% from the prior year.
Homes remained on the market for a median of 49 days, which is up 16 days from the month before and up 20 days from the previous year.
Currently, with a Market Pulse Score of 120, Newport County’s real estate market appears to be experiencing an upturn.
For more information about the Newport County, Rhode Island market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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