Twelve properties traded hands across Newport County last week, a healthy indicator that, despite the shifting market dynamics, motivated buyers and sellers are still finding common ground. Of those twelve sales, four surpassed $1 million, underscoring the continued strength of the upper-tier market that has defined much of Aquidneck Island and its surrounding communities in recent years.
As of today, there are 290 homes currently for sale across Newport County on the statewide MLS, spanning single-family homes, condominiums, and multi-family properties. Of those, only 117 are priced below $1,000,000. That distribution alone tells a clear story and the median sales price has now surpassed the seven-figure threshold, making affordability a harder pill to swallow for many prospective buyers.
While inventory levels have improved slightly compared to this time last year, price positioning and preparation remain the most critical factors for success. Well-priced and professionally presented homes continue to attract strong attention and, in many cases, multiple offers. For sellers, taking the time to stage, photograph, and strategically market a property makes all the difference in achieving top-dollar results.
For those considering buying or selling, understanding where your property fits within today’s market is more important than ever. To learn more about these recent sales or to schedule a confidential consultation, please reach out directly. I’d be happy to learn more about your goals and how I can help you achieve them. You can reach me directly at 401-241-1851 or via email at TylerB@resultswithremax.com.
Here’s a look at What Sold last week in Newport County.
Little Compton
1 Hinter Way. Colonial, 4 Bed / 2.5 Bath — $1,150,000. Days On Market: 134
Middletown
28 Mast Court. Colonial, 4 Bed / 3.5 Bath — $900,000. Days On Market: 8
47 Allston Avenue. Raised Ranch, 3 Bed / 2 Bath — $790,000. Days On Market: 43
Newport
42 Third Street. Victorian, 2 Bed / 2.5 Bath — $1,400,000. Days On Market: 20
90 Rhode Island Avenue, Unit #2. Condominium, 2 Bed / 2 Bath — $942,800. Days On Market: 45
3-4 Dyres Gate. Multi-Family, 6 Bed / 2 Bath — $1,000,000. Days On Market: 5
Portsmouth
20 Harrington Avenue. Colonial, 3 Bed / 2.5 Bath — $865,000. Days On Market: 50
17 Metacomet Street. Colonial, 3 Bed / 3 Bath — $575,000. Days On Market: 88
1 Tower Drive, Unit #1802. Condominium, 2 Bed / 3 Bath — $830,000. Days On Market: 85Tiverton
145 Durfee Road.Cape Cod, 3 Bed / 1.5 Bath — $599,000. Days On Market: 19
79 Bellview Avenue.Ranch, 2 Bed / 1 Bath — $450,000. Days On Market: 17
37 Cutter Lane.Townhouse, 3 Bed / 3.5 Bath — $1,100,000. Days On Market: 191
