Newport County saw a busy week in the real estate market, with a variety of single-family homes and townhouses sold across several cities and towns. Here’s a breakdown of the sales that took place:
10 Whitfield Place in Newport, a 6-bedroom, 4-bathroom single-family residence with 3,216 sqft, sold for $1,150,000, after being listed for $1,290,000. MLS #1326923
314 West Main Road in Portsmouth, a 4-bedroom, 2-bathroom single-family residence with 2,057 sqft, sold for $561,000, after being listed for $599,000. MLS #1323823
5 Mizzen Avenue in Jamestown, a 2-bedroom, 1-bathroom single-family residence with 1,008 sqft, sold for $265,000, after being listed for $325,000. MLS #1323544
233 Gibbs Avenue in Newport, a 4-bedroom, 3-bathroom single-family residence with 2,406 sqft, sold for $1,650,000, after being listed for $1,650,000. MLS #1326598
10 Annette Drive in Portsmouth, a 3-bedroom, 4-bathroom single-family residence with 3,931 sqft, sold for $1,650,000, after being listed for $1,695,000. MLS #1329136
524 Wolcott Avenue in Middletown, a 3-bedroom, 2-bathroom single-family residence with 1,288 sqft, sold for $940,000, after being listed for $940,000. MLS #1323829
226 Turnpike Avenue in Portsmouth, a 3-bedroom, 4-bathroom single-family residence with 2,323 sqft, sold for $609,000, after being listed for $629,000. MLS #1325314
40 Compton View Drive in Middletown, a 4-bedroom, 3-bathroom single-family residence with 2,974 sqft, sold for $900,000, after being listed for $834,900. MLS #1325476
17 Sagamore Street in Portsmouth, a 3-bedroom, 1-bathroom single-family residence with 1,246 sqft, sold for $369,000, after being listed for $389,900. MLS #1326667
63 Roseneath Avenue in Newport, a 3-bedroom, 1-bathroom single-family residence with 876 sqft, sold for $615,000, after being listed for $499,000. MLS #1327334
426 Spring Street #201 in Newport, a 3-bedroom, 2-bathroom townhouse with 1,794 sqft, sold for $1,285,000, after being listed for $1,295,000. MLS #1323903
80 Turnpike Avenue in Portsmouth, a 3-bedroom, 3-bathroom single-family residence with 2,046 sqft, sold for $429,900, after being listed for $410,000. MLS #1326839
929 Crandall Road in Tiverton, a 3-bedroom, 1-bathroom single-family residence with 1,335 sqft, sold for $400,000, after being listed for $429,000. MLS #1326102
Real estate, like any industry, is based on the foundation of supply and demand. Sellers are still seeing premium prices for their homes due to extremely low inventory, even with interest rates on the rise.
If you’re considering selling or want to know how much equity you have in your home, I am offering confidential, complimentary, and no-strings-attached property valuations to anyone interested.
If you have any real estate questions, please call me at 401-241-1851 or email me at TylerB@remaxnewportri.com.