As we move into the second week of August, we are starting to feel a slight shift in the local real estate market. Properties priced appropriately continue to sell quickly, with sellers gradually realizing that market dynamics should dictate their expectations within a few weeks of being listed. Inventory and the standard dynamics of supply and demand continue to control the market narrative, and life changes are still the main catalyst behind the movement at this time.
Due to the influx of visitors to our community, we can continue to expect a competitive landscape and a deeper buyer pool. For sellers, this high demand and low supply presents a prime opportunity to list their homes and potentially secure favorable deals. Recent sales in Newport County underscore these market dynamics. Quick sales and competitive bidding wars are common, highlighting buyers’ need to be prepared and proactive.
Navigating this competitive market can be difficult, but working with an experienced real estate professional can provide significant advantages. Tyler Bernadyn, co-owner of RE/MAX Results, offers expert guidance and support throughout the home buying and selling process. With deep local knowledge and a commitment to client satisfaction, Tyler can address any inquiries or concerns, ensuring a smooth and successful real estate transaction.
Tyler is dedicated to helping clients achieve their real estate goals. For questions or personalized assistance, and to explore your options in today’s market, contact Tyler directly at 401-241-1851 or via email at TylerB@resultswithremax.com.
Click HERE to see What Sold last week in Newport County
Jamestown
449 Felucca Avenue
- Price: $850,000
- Type: Cottage
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,632
- Days on Market: 79
Little Compton
14 East View Drive
- Price: $525,000
- Type: Split Level
- Bedrooms: 2
- Bathrooms: 1
- Half Bathrooms: 0
- Square Footage: 1,296
- Days on Market: 46
Middletown
430 Paradise Avenue
- Price: $1,200,000
- Type: Cottage
- Bedrooms: 3
- Bathrooms: 1
- Half Bathrooms: 1
- Square Footage: 1,482
- Days on Market: 91
1 Paul Avenue
- Price: $796,900
- Type: Raised Ranch
- Bedrooms: 3
- Bathrooms: 3
- Half Bathrooms: 0
- Square Footage: 1,318
- Days on Market: 11
6 Aspinet Road
- Price: $590,000
- Type: Raised Ranch
- Bedrooms: 3
- Bathrooms: 1
- Half Bathrooms: 1
- Square Footage: 1,056
- Days on Market: 24
11 Murphy Circle
- Price: $475,000
- Type: Tri-Level
- Bedrooms: 3
- Bathrooms: 1
- Half Bathrooms: 1
- Square Footage: 1,121
- Days on Market: 5
152 Tuckerman Avenue, Unit#10
- Price: $450,000
- Type: Town House
- Bedrooms: 1
- Bathrooms: 1
- Half Bathrooms: 0
- Square Footage: 840
- Days on Market: 52
Portsmouth
310 Freedom Trail Drive
- Price: $785,000
- Type: Colonial
- Bedrooms: 3
- Bathrooms: 2
- Half Bathrooms: 1
- Square Footage: 1,937
- Days on Market: 0
760 Bristol Ferry Road
- Price: $1,155,000
- Type: Up/Down
- Bedrooms: 7
- Bathrooms: 5
- Half Bathrooms: 0
- Square Footage: 4,037
- Days on Market: 13
107 Tallman Avenue
- Price: $575,000
- Type: Cape Cod
- Bedrooms: 3
- Bathrooms: 3
- Half Bathrooms: 1
- Square Footage: 1,690
- Days on Market: 49
37 Independence Court
- Price: $485,000
- Type: Colonial
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,639
- Days on Market: 63
52 Cedar Avenue
- Price: $356,000
- Type: Bungalow
- Bedrooms: 2
- Bathrooms: 1
- Half Bathrooms: 0
- Square Footage: 874
- Days on Market: 11
Tiverton
45 Starboard Drive, Unit#450
- Price: $787,000
- Type: One Level
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,492
- Days on Market: 62
71 Driftwood Drive
- Price: $625,000
- Type: Ranch
- Bedrooms: 3
- Bathrooms: 1
- Half Bathrooms: 0
- Square Footage: 1,100
- Days on Market: 23
