As we head into the final week of the year, the end-of-year rush is in full swing, with 22 homes changing hands last week in Newport County. This flurry of activity is a testament to the continued strength of our supply-and-demand-driven market. With the holiday shuffle upon us, sellers capitalized on motivated buyers eager to close before the year ends.
The narrative of the local real estate market remains dominated by one key factor: inventory—or rather, the lack of it. As we’ve seen all year, the limited supply continues to fuel competitive demand, especially in certain sectors. In particular, single-family homes priced under $750,000 and multi-family investment properties are the hottest commodities, with the smallest inventory and the most eager buyers ready to make their move.
Sellers are still reaping the benefits of this active market, with strong offers being made and properties moving quickly. The high demand, combined with a lack of options, is ensuring that homes are continuing to close at favorable prices, especially in the most sought-after areas of Newport County. Fair market values continue to be established, with many buyers finding an opportunity to negotiate on price in the event that a seller’s expectations were originally too high for their return.
For those considering entering the market—whether buying or selling—now is the perfect time to start planning your real estate goals for 2025. Whether you’re looking to take advantage of the current conditions or navigate the challenges of limited inventory, WhatsUpNewp’s own Tyler Bernadyn is here to guide you.
Tyler is a co-owner of RE/MAX Results and a trusted member of the local community. With a proven track record of success, having sold over $30 million in real estate in 2024 alone, Tyler has the expertise and experience to get the job done for you.
For more information on the current market and to discuss how you can achieve your real estate goals in 2024, reach out to Tyler Bernadyn today. He can be reached at 401-241-1851 or via email at TylerB@resultswithremax.com.
Jamestown
- 597 Beavertail Road
- Sales Price: $7,819,000
- Bedrooms: 5
- Bathrooms/Half Bathrooms: 4/0
- Square Footage: 5,342
- Days on Market: 165
Little Compton
- 40 West Main Road
- Sales Price: $540,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 2/1
- Square Footage: 1,575
- Days on Market: 121
Middletown
- 42 Pequot Lane
- Sales Price: $749,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,632
- Days on Market: 54
- 7 Winthrop Drive
- Sales Price: $805,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 2/1
- Square Footage: 1,839
- Days on Market: 44
- 265 Prospect Avenue
- Sales Price: $1,200,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 2/1
- Square Footage: 2,550
- Days on Market: 0
- 169 Aquidneck Avenue
- Sales Price: $1,345,000
- Bedrooms: 5
- Bathrooms/Half Bathrooms: 3/0
- Square Footage: 2,640
- Days on Market: 54
Newport
- 66 Girard Avenue, Unit #208
- Sales Price: $349,900
- Bedrooms: 2
- Bathrooms/Half Bathrooms: 2/0
- Square Footage: 1,260
- Days on Market: 41
- 57 Callender Avenue
- Sales Price: $700,000
- Bedrooms: 4
- Bathrooms/Half Bathrooms: 2/1
- Square Footage: 1,302
- Days on Market: 15
- 3 Bush Street
- Sales Price: $880,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,560
- Days on Market: 163
- 6 Bosworth Court
- Sales Price: $485,000
- Bedrooms: 2
- Bathrooms/Half Bathrooms: 1/0
- Square Footage: 1,250
- Days on Market: 36
- 28 Carroll Avenue
- Sales Price: $825,000
- Bedrooms: 5
- Bathrooms/Half Bathrooms: 2/0
- Square Footage: 1,682
- Days on Market: 21
Portsmouth
- 1 Aquidneck Avenue
- Sales Price: $585,000
- Bedrooms: 2
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,056
- Days on Market: 52
- 17 Longmeadow Road
- Sales Price: $575,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,092
- Days on Market: 40
- 195 Windward Drive
- Sales Price: $550,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,144
- Days on Market: 35
- 188 Water Street
- Sales Price: $587,150
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 2/0
- Square Footage: 1,232
- Days on Market: 71
- 0 Newport Harbor (24B) Drive
- Sales Price: $1,633,999
- Bedrooms: 4
- Bathrooms/Half Bathrooms: 3/1
- Square Footage: 3,635
- Days on Market: 221
- 5 Portsmouth Lane
- Sales Price: $1,495,000
- Bedrooms: 4
- Bathrooms/Half Bathrooms: 3/1
- Square Footage: 3,400
- Days on Market: 0
- 168 Newport Beach Drive
- Sales Price: $1,375,000
- Bedrooms: 4
- Bathrooms/Half Bathrooms: 3/1
- Square Footage: 3,400
- Days on Market: 0
- 65 Park Avenue
- Sales Price: $890,000
- Bedrooms: 5
- Bathrooms/Half Bathrooms: 3/0
- Square Footage: 3,590
- Days on Market: 89
- 121 Cromwell Drive
- Sales Price: $2,007,319.37
- Bedrooms: 4
- Bathrooms/Half Bathrooms: 3/1
- Square Footage: 2,702
- Days on Market: 0
Tiverton
- 88 Kenyon Road
- Sales Price: $335,000
- Bedrooms: 3
- Bathrooms/Half Bathrooms: 1/1
- Square Footage: 1,166
- Days on Market: 2
- 92 Pocasset Avenue
- Sales Price: $447,500
- Bedrooms: 2
- Bathrooms/Half Bathrooms: 1/0
- Square Footage: 1,230
- Days on Market: 18
