Welcome to this week’s edition of “On the Market,” where we highlight real estate opportunities featuring 33 open houses happening across Newport County this weekend. This is a great opportunity to find your new home just in time to settle in before the holiday season. As we embrace fall, the Rhode Island real estate market is experiencing notable shifts. While inventory levels are gradually increasing, we anticipate that they will likely remain low through the rest of the year and into early 2025.
Many buyers continue to face affordability challenges, especially as conventional loan rates hover around 7%. Despite these hurdles, we expect to see greater price stability as sellers adjust their expectations and buyers negotiate more assertively. It’s also important for buyers to monitor interest rate fluctuations, especially with indications that the Federal Reserve may keep rates higher into 2024. The recent election results may also influence the market, but any immediate impacts are unlikely to be felt until mid-2025.
Newport and its surrounding communities remain highly sought after, particularly as remote work makes Aquidneck Island an attractive option for permanent residence. Partnering with an experienced local agent is crucial during these changes. Tyler Bernadyn, co-owner of RE/MAX Results, offers unparalleled local expertise and commitment to his clients. Whether you’re buying or selling, Tyler is here to guide you through the process. Be sure to visit his open house this weekend at 17 Longmeadow Road in Portsmouth.
For questions on any of these offerings or to discuss the market, please contact Tyler at 401-241-1851 or TylerB@resultswithremax.com. Let’s take the next step in your real estate journey together.
Click here to see all the Open Houses happening in Newport County this weekend
Open Houses on Saturday, November 9, 2024.
Jamestown
- 7 Clarkes Village Road
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $2,595,000
- Bedrooms: 3
- Bathrooms: 2/1
- MLS#: 1361987
- 30 Bonnet View Drive
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $2,495,000
- Bedrooms: 4
- Bathrooms: 3/1
- MLS#: 1363384
Middletown
- 14 Jean Terrace
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $599,000
- Bedrooms: 4
- Bathrooms: 3/0
- MLS#: 1372041
- 115 Ellery Avenue
- Property Type: Single Family
- Time: 10:00AM-11:30AM
- Price: $2,199,000
- Bedrooms: 5
- Bathrooms: 3/1
- MLS#: 1370927
- 15 Lewis Drive
- Property Type: Single Family
- Time: 12:00PM-2:00PM
- Price: $3,550,000
- Bedrooms: 6
- Bathrooms: 6/1
- MLS#: 1371439
- 15 Continental Drive
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $649,000
- Bedrooms: 3
- Bathrooms: 1/1
- MLS#: 1370112
- 314 Chases Lane #C
- Property Type: Condominium
- Time: 11:00AM-12:30PM
- Price: $759,900
- Bedrooms: 3
- Bathrooms: 2/1
- MLS#: 1369345
Newport
- 66 Girard Avenue #208
- Property Type: Condominium
- Time: 11:00AM-12:30PM
- Price: $349,900
- Bedrooms: 2
- Bathrooms: 2/0
- MLS#: 1371683
- 25 Dean Avenue
- Property Type: Single Family
- Time: 12:00PM-2:00PM
- Price: $1,650,000
- Bedrooms: 4
- Bathrooms: 2/1
- MLS#: 1372228
- 131 Broadway (Units #1-6)
- Property Type: Condominiums
- Time: 10:30AM-12:00PM
- Prices: From $365,000 to $465,000
- Bedrooms: 1
- Bathrooms: 1/0 per unit
- MLS#: 1371642 to 1371654
- 494 Thames Street
- Property Type: Single Family
- Time: 11:30AM-1:30PM
- Price: $899,000
- Bedrooms: 2
- Bathrooms: 2/0
- MLS#: 1368786
- 125 Van Zandt Avenue #307
- Property Type: Condominium
- Time: 3:00PM-4:30PM
- Price: $389,000
- Bedrooms: 1
- Bathrooms: 1/0
- MLS#: 1371758
Portsmouth
- 232 Taylor Road
- Property Type: Single Family
- Time: 11:30AM-1:00PM
- Price: $1,275,000
- Bedrooms: 3
- Bathrooms: 2/1
- MLS#: 1370778
- 196 Sea Meadow Drive
- Property Type: Single Family
- Time: 12:00PM-2:00PM
- Price: $1,195,000
- Bedrooms: 4
- Bathrooms: 2/1
- MLS#: 1370537
- 1 Aquidneck Avenue
- Property Type: Single Family
- Time: 11:30AM-12:30PM
- Price: $600,000
- Bedrooms: 2
- Bathrooms: 1/1
- MLS#: 1370922
- 17 Longmeadow Road
- Property Type: Single Family
- Time: 10:00AM-11:30AM
- Price: $599,000
- Bedrooms: 3
- Bathrooms: 1/1
- MLS#: 1372147
- 72 Immokolee Drive
- Property Type: Single Family
- Time: 11:00AM-1:00PM
- Price: $649,000
- Bedrooms: 3
- Bathrooms: 2/0
- MLS#: 1372242
Tiverton
- 55 Pierce Avenue
- Property Type: Single Family
- Time: 10:30AM-12:30PM
- Price: $439,000
- Bedrooms: 2
- Bathrooms: 1/0
- MLS#: 1369414
- 39 Hilton Street
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $350,000
- Bedrooms: 2
- Bathrooms: 1/0
- MLS#: 1368721
- 2523 Main Road
- Property Type: Single Family
- Time: 10:00AM-12:00PM
- Price: $519,000
- Bedrooms: 1
- Bathrooms: 1/0
- MLS#: 1371969
Open Houses on Sunday, November 10, 2024.
Middletown
- 861 Aquidneck Avenue
- Property Type: Single Family
- Time: 1:00PM-2:30PM
- Price: $649,000
- Bedrooms: 3
- Bathrooms: 1/0
- MLS#: 1372487
- 34 Underwood Lane
- Property Type: Single Family
- Time: 12:00PM-2:00PM
- Price: $630,000
- Bedrooms: 4
- Bathrooms: 2/0
- MLS#: 1369541
Newport
- 123 Carroll Avenue
- Property Type: Single Family
- Time: 1:00PM-2:30PM
- Price: $1,425,000
- Bedrooms: 3
- Bathrooms: 3/0
- MLS#: 1372226
Portsmouth
- 91 Massachusetts Boulevard
- Property Type: Single Family
- Time: 12:00PM-2:00PM
- Price: $499,000
- Bedrooms: 3
- Bathrooms: 2/0
- MLS#: 1370907
- 1 Tower Drive #1806
- Property Type: Condominium
- Time: 12:30PM-2:00PM
- Price: $1,200,000
- Bedrooms: 2
- Bathrooms: 3/0
- MLS#: 1369145
- 1 Tower Drive #504
- Property Type: Condominium
- Time: 11:00AM-12:30PM
- Price: $450,000
- Bedrooms: 1
- Bathrooms: 2/0
- MLS#: 1369823
- 42 President Avenue
- Property Type: Single Family
- Time: 11:30AM-1:00PM
- Price: $750,000
- Bedrooms: 4
- Bathrooms: 2/0
- MLS#: 1372056
- 11 Cindy Lane
- Property Type: Single Family
- Time: 11:00AM-12:30PM
- Price: $1,089,000
- Bedrooms: 3
- Bathrooms: 1/1
- MLS#: 1370045
Tiverton
- 61 Bouchard Lane
- Property Type: Single Family
- Time: 12:00PM-1:00PM
- Price: $999,000
- Bedrooms: 3
- Bathrooms: 3/1
- MLS#: 1371915
