Seventeen properties changed hands across Newport County last week. The highlight of the week was the $4,500,000 sale of the Samuel Durfee House at 352 Spring Street in Newport, marking the highest multi-family sale in Newport year-to-date and the largest multi-family transaction in the city since 2022.
The sale was a particularly meaningful one for me. It was a privilege to represent and market such a unique Newport property on behalf of dear friends and clients, and I am incredibly grateful for the trust they placed in me throughout the process. Congratulations to them as they begin their next chapter here in Newport, and congratulations to everyone involved in a successful transaction.
Beyond the headline sale, last week’s activity provides another useful snapshot of the Newport County real estate market. As we move through the second half of August, the market continues to reward proper positioning and pricing. Buyers have become increasingly value conscious, particularly when a property requires significant work. Homes that are thoughtfully prepared, professionally presented, and appropriately priced are generally finding stronger traction. Properties that miss the mark on condition or asking price are more likely to experience longer days on market and adjustments.
That distinction is important for sellers. Limited inventory remains an advantage, but low supply alone does not guarantee a premium result. The market ultimately determines value, and today’s buyers are paying close attention to condition, location, financing costs, insurance, taxes, and the amount of work required after closing.
For buyers, the traditional late-summer slowdown can also create opportunity. With vacations, back-to-school schedules, and the final weeks of summer competing for people’s attention, there can be fewer active buyers at certain properties. For someone who is prepared and paying attention, less competition can create a better environment to negotiate.
If you are considering buying or selling this fall, or simply want to better understand the value of your property and your options in the current Newport County market, I would be happy to schedule a confidential and complimentary consultation.
For more information on these recent sales or the local real estate market, contact Tyler Bernadyn of REMAX Results directly at 401-241-1851 or TylerB@resultswithremax.com.
Here’s a look at what sold last week in Newport County.
Jamestown – Click here to see what sold
65 Blueberry Lane, Jamestown. Bungalow.
Sold Price: $2,500,000
4 beds | 2 full baths | 1 half bath | 3,354 SF
4 Intrepid Lane, Jamestown. Colonial.
Sold Price: $1,100,000
4 beds | 2 full baths | 1 half bath | 3,350 SF
456 Schooner Avenue, Jamestown. Colonial.
Sold Price: $995,000
2 beds | 2 full baths | 1 half bath | 1,836 SF
Little Compton – Click here to see what sold
141 Peckham Road, Little Compton. Ranch.
Sold Price: $945,500
4 beds | 4 baths | 2,458 SF
138 Willow Avenue, Little Compton. Cape Cod.
Sold Price: $565,750
3 beds | 2 baths | 1,155 SF
Middletown – Click here to see what sold
5 Maloney Lane, Middletown. Cottage.
Sold Price: $2,412,415
5 beds | 4 full baths | 1 half bath | 3,720 SF
220 Island Drive, Middletown. Colonial.
Sold Price: $1,249,000
4 beds | 2 full baths | 1 half bath | 2,166 SF
94 Ridgewood Road, Middletown. Raised Ranch.
Sold Price: $585,000
3 beds | 3 baths | 1,218 SF
Newport – Click here to see what sold
12 1/2 Park Street, Newport. Colonial, Cottage, Tri-Level.
Sold Price: $1,310,000
5 beds | 2 full baths | 1 half bath | 1,751 SF
10 Brown & Howard Wharf, Unit #103, Newport. One Level Condo.
Sold Price: $995,000
1 bed | 1 bath | 671 SF
352 Spring Street, Newport. Multi-Family.
Sold Price: $4,500,000
10 beds | 10 full baths | 2 half baths | 6,348 SF
Portsmouth – Click here to see what sold
45 Corys Court, Portsmouth. Colonial.
Sold Price: $1,275,000
3 beds | 2 full baths | 1 half bath | 2,494 SF
206 Revolution Way, Portsmouth. Colonial.
Sold Price: $1,159,000
3 beds | 2 full baths | 1 half bath | 1,868 SF
20 Bunker Hill Crossing, Portsmouth. Bungalow, Cape Cod.
Sold Price: $856,300
3 beds | 2 full baths | 1 half bath | 1,730 SF
125 Corys Lane, Unit #Weatherly, Portsmouth. Town House Condo.
Sold Price: $517,500
2 beds | 2 full baths | 1 half bath | 1,161 SF
Tiverton – Click here to see what sold
153 Sakonnet Ridge Drive, Tiverton. Colonial.
Sold Price: $891,500
4 beds | 2 full baths | 1 half bath | 3,693 SF
200 Judson Street, Tiverton. Colonial.
Sold Price: $479,000
3 beds | 2 baths | 1,100 SF
