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How's the Market? A Tale of Four Cities

Posted by Leslie Mathieu Hogan on Friday, July 16th, 2010 at 3:47pm.

The most frequently asked question i get these days is, "How is the market?"  I reply based on my own experiences or those of my colleagues, but usually my answer goes something like this, "Well, it's slowed down, but things are still selling as long as you price it right."  This is true, of course, but upon closer examination of the numbers, it's clear that inventory levels in and around Aquidneck Island are trending up, and this is likely to put more pressure on prices. This chart is 'live' and will update weekly, so check back to see how things evolve.

 

Real Estate Market Chart by Altos Research www.altosresearch.com

 

Leslie Hogan, Broker / Owner, Hogan Associates, 129 Bellevue Ave., Newport, RI  02840 401-845-9513, f. 401-633-6447

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