The real estate market in Newport County continues to hold steady as 17 homes changed hands last week, reflecting what we expected to be a very active summer season. While that may not be the case, and the days of frenzied bidding wars and packed open houses may be behind us, serious buyers and sellers are still making moves. Summer visitors and second home seekers remain eager to secure their slice of coastal paradise, while local families continue to transition whether upsizing for a growing household, downsizing for retirement, or stepping into homeownership for the first time.
One of the most rewarding aspects of this profession is being able to help people I care about navigate these milestones. Last week I had the privilege of helping my friend Sam purchase his first home in his hometown of Portsmouth, RI. It’s moments like these, helping friends and family through major life decisions, that remind me why I love what I do.
For sellers, it’s important to understand that preparation and pricing are everything in today’s market. The homes that are selling are the ones that have been properly prepared, professionally marketed, and priced strategically based on recent comparable sales, not peak-pandemic expectations. The sellers who are still holding on to COVID-era ambitions are learning that today’s market is more discerning, with fewer showings and more cautious buyers due to higher interest rates and inflationary pressures.
Be cautious of so-called “cash for homes” or “solution-based” investor companies that promise quick closings, no inspections, and cash offers. While their pitches may sound appealing, especially if you’re in a tough spot or looking for a fast sale, these offers often come in at 40–50% below fair market value. Their goal isn’t to help you, it’s to profit off your equity. Don’t let convenience cost you tens or even hundreds of thousands of dollars. If you’re thinking about selling, speak with a licensed professional who can give you a clear, honest assessment of your property’s value, confidentially and without any pressure. Your home is likely one of your biggest assets. You deserve someone who treats it that way.
For buyers, there’s real opportunity especially when you have the right guidance. Working with a local expert who knows the nuances of the market and has access to off-market inventory can give you a critical edge in a competitive landscape.
Here’s a look at the 17 properties that sold in Newport County last week. Whether you’re buying, selling, or just curious about your home’s value, I’m happy to provide guidance and insight anytime. You can reach me at (401) 241-1851 or TylerB@resultswithremax.com.
Let’s take a look at the sales:
Jamestown
85 Gondola Avenue – $1,400,000
Contemporary, Other
3 beds, 2 full baths, 1 half bath, 2,614 sq ft
28 Days on Market
50 Cole Street – $1,155,000
Cape Cod
2 beds, 2 full baths, 0 half baths, 1,203 sq ft
35 Days on Market
25 Spanker Street – $899,900
Contemporary
3 beds, 3 full baths, 0 half baths, 1,778 sq ft
22 Days on Market
Little Compton
15 & 15A South of Commons Road – $1,526,000
Cottage
2 beds, 2 full baths, 0 half baths, 1,741 sq ft
5 Days on Market
Middletown
8 J H Dwyer Drive – $1,075,000
Contemporary
4 beds, 2 full baths, 1 half bath, 2,400 sq ft
35 Days on Market
840 Forest Park Avenue – $60,000
Manufactured/Mobile
1 bed, 1 full bath, 0 half baths, 560 sq ft
45 Days on Market
Newport
3 Ernest Street – $950,000
Raised Ranch
2 beds, 2 full baths, 1 half bath, 2,053 sq ft
45 Days on Market
27 Cranston Avenue – $1,575,000
Colonial, Victorian
5 beds, 3 full baths, 1 half bath, 2,771 sq ft
34 Days on Market
Portsmouth
11 Narragansett Avenue – $1,212,000
Colonial
4 beds, 3 full baths, 0 half baths, 3,200 sq ft
30 Days on Market
63 Botelho Drive – $625,000
Colonial
3 beds, 1 full bath, 1 half bath, 1,632 sq ft
28 Days on Market
348 Bristol Ferry Road – $595,000
Other
3 beds, 2 full baths, 1 half bath, 1,539 sq ft
8 Days on Market
13 Second Street – $74,000
Manufactured/Mobile
3 beds, 1 full bath, 0 half baths, 780 sq ft
106 Days on Market
Tiverton
178 Richard Drive – $560,000
Ranch
4 beds, 2 full baths, 0 half baths, 1,056 sq ft
6 Days on Market
74 Kenyon Road – $474,500
Raised Ranch
2 beds, 1 full bath, 2 half baths, 1,582 sq ft
16 Days on Market
95 Louise Drive – $445,000
Raised Ranch
3 beds, 1 full bath, 0 half baths, 948 sq ft
5 Days on Market
38 Clement Street – $425,000
Colonial
3 beds, 2 full baths, 1 half bath, 1,710 sq ft
76 Days on Market
694 Windwood Drive, Unit C – $323,000
Town House
2 beds, 1 full bath, 0 half baths, 919 sq ft
11 Days on Market