As we enter the last week of September—which is a wild thing to consider—the Newport County real estate market continues to demonstrate consistent activity, with 22 homes changing hands last week, September 16 – 20, 2024.
Even with the change in weather and season, we have some prime weekends ahead of us with events like Newport Food and Wine (which took place this past weekend), the Broadway Street Fair, the Audrain Car show, Seafood Fest, and many more.
Well-priced properties are still demanding immediate attention, with sellers increasingly attuned to the market’s pulse, often setting clear expectations within the first few weeks of listing. Inventory levels, driven by the principles of supply and demand, are steering market trends, while personal life changes remain key motivators for both buyers and sellers.
For sellers, the current climate—characterized by strong demand and limited supply—offers a prime opportunity to list and secure competitive offers. Recent sales across Newport County underline these dynamics, with many properties moving quickly, often amid competitive bidding. The improvement of mortgage rates has some buyers who were recently on the sidelines back in the pool, creating a more competitive environment than originally anticipated.
In such a competitive market, the guidance of a seasoned real estate professional is invaluable. Tyler Bernadyn, co-owner of RE/MAX Results, stands ready to provide expert advice and support throughout your buying or selling journey. With deep local expertise and a steadfast commitment to client satisfaction, Tyler ensures a seamless and successful real estate experience.
Whether you’re considering buying or selling, now is the time to take action. For personalized assistance and to explore your options in today’s market, reach out to Tyler directly at 401-241-1851 or via email at TylerB@resultswithremax.com.
CLICK HERE TO SEE WHAT SOLD LAST WEEK IN NEWPORT COUNTY
All information sourced directly from the Rhode Island Statewide MLS.
Little Compton
74 Amesbury Lane
- Type: Split Level
- Price: $874,000
- Bedrooms: 4 / Bathrooms: 2
- Square Footage: 1,907
- Days on Market (DOM): 5
Middletown
104 Tuckerman Avenue
- Type: Colonial
- Price: $4,000,000
- Bedrooms: 5 / Bathrooms: 4.5
- Square Footage: 3,956
- DOM: 16
83 Shore Drive
- Type: Cottage
- Price: $3,500,000
- Bedrooms: 4 / Bathrooms: 2
- Square Footage: 2,178
- DOM: 128
59 Crest Street
- Type: Contemporary
- Price: $3,228,000
- Bedrooms: 5 / Bathrooms: 3 full, 2 half
- Square Footage: 3,656
- DOM: 76
213 Tuckerman Avenue
- Type: Cape Cod
- Price: $1,780,000
- Bedrooms: 2 / Bathrooms: 2.5
- Square Footage: 1,810
- DOM: 40
98 Tuckerman Avenue
- Type: Ranch
- Price: $1,535,000
- Bedrooms: 3 / Bathrooms: 2
- Square Footage: 1,788
- DOM: 54
178 Vaucluse Avenue
- Type: Colonial, Other
- Price: $1,525,000
- Bedrooms: 4 / Bathrooms: 2.5
- Square Footage: 2,118
- DOM: 76
667 Aquidneck Avenue
- Type: Cape Cod, Cottage
- Price: $675,000
- Bedrooms: 3 / Bathrooms: 2
- Square Footage: 1,833
- DOM: 135
12 Pocahontas Drive
- Type: Ranch
- Price: $520,000
- Bedrooms: 3 / Bathrooms: 1.5
- Square Footage: 1,380
- DOM: 44
Newport
294 Ocean Avenue
- Type: Cottage, Historic
- Price: $9,935,000
- Bedrooms: 4 / Bathrooms: 3.5
- Square Footage: 4,392
- DOM: 122
4 Cherry Street
- Type: Colonial
- Price: $2,400,000
- Bedrooms: 4 / Bathrooms: 3 full, 2 half
- Square Footage: 2,342
- DOM: 16
51 Hammond Street
- Type: Victorian
- Price: $1,500,000
- Bedrooms: 5 / Bathrooms: 2 full, 2 half
- Square Footage: 1,855
- DOM: 0
191 Third Street
- Type: Colonial
- Price: $705,000
- Bedrooms: 3 / Bathrooms: 2.5
- Square Footage: 1,332
- DOM: 36
223 Maple Avenue
- Type: Cape Cod
- Price: $565,000
- Bedrooms: 3 / Bathrooms: 1
- Square Footage: 998
- DOM: 65
127 Harrison Avenue, Unit #11
- Type: Town House
- Price: $2,500,000
- Bedrooms: 3 / Bathrooms: 2.5
- Square Footage: 3,045
- DOM: 51
512 Broadway
- Type: Up/Down
- Price: $905,000
- Bedrooms: 3 / Bathrooms: 2
- Square Footage: 2,114
- DOM: 110
Portsmouth
46 Harrington Avenue
- Type: Colonial
- Price: $1,050,000
- Bedrooms: 3 / Bathrooms: 2.5
- Square Footage: 3,012
- DOM: 7
65 Cove Street
- Type: Cape Cod, Cottage
- Price: $340,000
- Bedrooms: 2 / Bathrooms: 1.5
- Square Footage: 938
- DOM: 20
Tiverton
586 Nanaquaket Road
- Type: Colonial
- Price: $3,337,500
- Bedrooms: 4 / Bathrooms: 4.5
- Square Footage: 5,321
- DOM: 10
11 Peaceful Way
- Type: Colonial
- Price: $810,000
- Bedrooms: 4 / Bathrooms: 2
- Square Footage: 2,282
- DOM: 41
13 Mary Lane
- Type: Colonial
- Price: $570,000
- Bedrooms: 3 / Bathrooms: 2.5
- Square Footage: 1,904
- DOM: 36
130 Brackett Avenue
- Type: Ranch
- Price: $420,000
- Bedrooms: 2 / Bathrooms: 1
- Square Footage: 932
- DOM: 26
