Low inventory and strong demand gave Newport home sellers an advantage in November. Other Newport County markets remain in "Buyer Advantage" territory but less dramatically than in previous months. Foreclosure activity continues at a steady pace. The total number of homes sold was up 12% over last year, but average and median sale prices declined.
Leslie Hogan, Broker / Owner, Hogan Associates, 129 Bellevue Ave., Newport, RI 02840 401-845-9513, f. 401-633-6447