The Newport County real estate market remains active, with 19 homes changing hands last week, as reported by the Rhode Island statewide MLS. Despite the onset of fall and cooler weather, buyer interest remains strong, particularly with events and beautiful weather drawing attention to our beautiful region.
The market is currently facing significant challenges due to low inventory. As of now, there are only 30 single-family homes available for sale on Aquidneck Island priced under $1,000,000. This limited supply is insufficient to meet the ongoing demand from buyers eager to enter the market. Well-priced properties continue to attract immediate attention, reflecting a trend where sellers are becoming more responsive to market conditions and effectively managing expectations from the outset.
For those looking to sell, this is an optimal moment to capitalize on the strong demand before the holiday season. Recent sales in Newport County illustrate how quickly properties can move, often amidst competitive bidding wars. The recent changes in mortgage rates has reignited interest from buyers who had previously been hesitant, creating an environment that is more competitive than many anticipated.
Navigating this competitive landscape requires expert guidance. Tyler Bernadyn, co-owner of RE/MAX Results, is here to provide the knowledge and support necessary for a successful transaction. With a deep understanding of the local market and a commitment to client satisfaction, Tyler is dedicated to making your buying or selling experience as seamless as possible. For more information on these recent sales or to schedule a consultation, please reach out. TylerB@resultswithremax.com or direct 401-241-1851.
Click HERE to see What Sold last week in Newport County
Jamestown
- 12 Pardon Tucker Place
- Sales Price: $1,825,000.00
- Type of Property: Cape Cod
- Bedrooms: 3
- Bathrooms (FB/HB): 3/0
- Square Footage: 2,710
- Days on Market (DOM): 0
- 402 Sampan Avenue
- Sales Price: $500,000.00
- Type of Property: Contemporary
- Bedrooms: 1
- Bathrooms (FB/HB): 1/0
- Square Footage: 950
- Days on Market (DOM): 123
- 8 Clinton Avenue, Unit #2
- Sales Price: $1,375,000.00
- Type of Property: Town House
- Bedrooms: 4
- Bathrooms (FB/HB): 2/1
- Square Footage: 2,000
- Days on Market (DOM): 28
Little Compton
- 21 Atlantic Drive
- Sales Price: $6,500,000.00
- Type of Property: Cape Cod
- Bedrooms: 6
- Bathrooms (FB/HB): 3/1
- Square Footage: 2,746
- Days on Market (DOM): 3
Middletown
- 151 Ellery Avenue
- Sales Price: $1,155,000.00
- Type of Property: Bungalow
- Bedrooms: 2
- Bathrooms (FB/HB): 2/0
- Square Footage: 1,176
- Days on Market (DOM): 83
- 46 Sherman Lane
- Sales Price: $265,000.00
- Type of Property: Bungalow
- Bedrooms: 4
- Bathrooms (FB/HB): 1/0
- Square Footage: 1,501
- Days on Market (DOM): 0
Newport
- 84 Division Street
- Sales Price: $4,100,000.00
- Type of Property: Historic
- Bedrooms: 7
- Bathrooms (FB/HB): 4/2
- Square Footage: 4,319
- Days on Market (DOM): 19
- 84 Coggeshall Avenue
- Sales Price: $1,000,000.00
- Type of Property: Bungalow, Cottage, Ranch, Split Level
- Bedrooms: 3
- Bathrooms (FB/HB): 2/0
- Square Footage: 1,512
- Days on Market (DOM): 27
- 55 Gould Street
- Sales Price: $550,000.00
- Type of Property: Up/Down
- Bedrooms: 2
- Bathrooms (FB/HB): 2/0
- Square Footage: 2,244
- Days on Market (DOM): 57
Portsmouth
- 554 Sandy Point Avenue
- Sales Price: $1,775,000.00
- Type of Property: Cape Cod
- Bedrooms: 4
- Bathrooms (FB/HB): 2/1
- Square Footage: 2,909
- Days on Market (DOM): 51
- 46 Glen Meade Drive, Unit #A
- Sales Price: $425,000.00
- Type of Property: One Level
- Bedrooms: 2
- Bathrooms (FB/HB): 1/0
- Square Footage: 1,076
- Days on Market (DOM): 33
Tiverton
- 122 Mountain Laurel Lane
- Sales Price: $1,300,000.00
- Type of Property: Colonial, Contemporary
- Bedrooms: 4
- Bathrooms (FB/HB): 2/2
- Square Footage: 3,432
- Days on Market (DOM): 33
- 3988 Main Road
- Sales Price: $725,000.00
- Type of Property: Colonial
- Bedrooms: 2
- Bathrooms (FB/HB): 1/1
- Square Footage: 2,535
- Days on Market (DOM): 118
- 98 Anthony Way
- Sales Price: $690,000.00
- Type of Property: Cottage
- Bedrooms: 3
- Bathrooms (FB/HB): 2/0
- Square Footage: 1,488
- Days on Market (DOM): 110
- 69 Beardsworth Road
- Sales Price: $499,000.00
- Type of Property: Ranch
- Bedrooms: 3
- Bathrooms (FB/HB): 1/1
- Square Footage: 1,700
- Days on Market (DOM): 19
- 47 Arbor Terrace
- Sales Price: $450,000.00
- Type of Property: Ranch
- Bedrooms: 3
- Bathrooms (FB/HB): 1/1
- Square Footage: 1,770
- Days on Market (DOM): 19
- 316 Hooper Street
- Sales Price: $432,000.00
- Type of Property: Cape Cod
- Bedrooms: 3
- Bathrooms (FB/HB): 1/0
- Square Footage: 1,365
- Days on Market (DOM): 89
- 11 Leeshore Lane, Unit #11
- Sales Price: $975,000.00
- Type of Property: Town House
- Bedrooms: 2
- Bathrooms (FB/HB): 3/0
- Square Footage: 2,363
- Days on Market (DOM): 68
- 71 Starboard Drive, Unit #210
- Sales Price: $820,000.00
- Type of Property: High Rise, One Level
- Bedrooms: 2
- Bathrooms (FB/HB): 2/0
- Square Footage: 1,650
- Days on Market (DOM): 17
