Buongiorno from Italy!
It’s 8 a.m. as I write this, which means it’s 2 a.m. back home in Rhode Island. After two wonderful days in Rome with my family, we’re making our way to Tuscany to celebrate the wedding of two Newport friends this weekend in the beautiful Italian countryside.
While I’m enjoying a little time away, the real estate market back home certainly isn’t taking a break. We were able to ratify two new contracts for clients (as I was sitting on the tarmac) and finalize inspection requests for another.
Locally, we can expect another busy weekend of open houses across Newport County, with 60 scheduled public showings for Saturday and Sunday. Accounting for properties advertised more than once, there are 49 distinct street addresses to explore, including 27 properties listed under the $1 million threshold.
What I find particularly interesting is how much choice buyers have compared with the market we experienced just a few years ago, and how things are moving at a much more patient and particular pace.
We’re continuing to see a shift towards a more balanced environment, where buyers are taking additional time to evaluate their options, compare value and consider the financial implications of a purchase. Condition, location, pricing and the amount of work a property may require are all influencing decisions.
For sellers, this means being increasingly intentional about market positioning. Buyers are still active, homes are still selling, and we continue to see competitive situations when the right property comes along. But the market is also becoming less forgiving of unrealistic expectations.
With the holidays approaching, the next several weeks remain an important window for buyers and sellers hoping to make a move before the end of the year. And while I’m across the Atlantic, my wonderful colleagues are keeping things moving back home.
On Saturday morning, David Crowell will be hosting an early-bird open house at 350 Broadway in Newport from 9 to 11 a.m., ahead of the ever-popular Broadway Street Fair.
Offered at $1,195,000, this beautiful 1909 Queen Anne Victorian is full of character, with stained glass, period architectural details, a wonderful library and a flexible layout that includes a third-floor apartment. It’s a special property with a tremendous amount of Newport charm, and a great opportunity to tour before enjoying everything Broadway has to offer.
On Sunday, Michelle will be hosting 2269 East Main Road in Portsmouth from 11 a.m. to 12:30 p.m.
Offered at $1,295,000, I believe this is one of the best values on Aquidneck Island. The home features four bedrooms, four and a half bathrooms, and more than 3,800 square feet of total living space, situated on approximately half an acre down a private driveway, well removed from East Main Road. It’s a property that truly needs to be experienced in person to appreciate the space, privacy and overall value. We encourage you to stop by and take a look.
Whether you’re actively searching for your next home, considering selling, or simply curious about what’s happening in your neighborhood, I encourage you to get out and explore some of the opportunities available this weekend.
I’m continuing to take on new clients and would welcome the opportunity to assist with any real estate-related needs. Whether you’re planning a transaction in the coming weeks or thinking further down the road, please don’t hesitate to reach out. I’m always happy to offer a confidential, complimentary consultation and help you put a plan together.
You can reach me directly at 401-241-1851 or TylerB@resultswithremax.com.
Until then, ciao from Italy, happy house hunting, and here’s a look at what’s On the Market this weekend across Newport County!
Saturday, October 10 Open Houses
- 9 Cutter Street | 3 Bed, 2 Bath, $989,900 10:30 AM – 12:00 PM
- 157 Ellery Avenue | 5 Bed, 3 Full, 2 Half Bath, $2,870,000 10:00 AM – 12:00 PM
- 3 Collins Terrace | 3 Bed, 1 Bath, $600,000 11:00 AM – 12:30 PM
- 18 Continental Drive | 3 Bed, 3 Bath, $680,000 11:00 AM – 1:00 PM
- 188 Allston Avenue | 4 Bed, 4 Full, 2 Half Bath, $3,675,000 11:30 AM – 1:00 PM
- 350 Broadway (Multi-Family) | 4 Bed, 3 Bath, $1,195,000 9:00 AM – 11:00 AM
- 14 Mann Avenue | 5 Bed, 2.5 Bath, $1,050,000 9:30 AM – 10:30 AM
- 426 Spring Street #B101 (Condo) | 2 Bed, 2 Bath, $950,000 10:00 AM – 12:00 PM
- 7 Dearborn Street #1 (Condo) | 3 Bed, 2 Bath, $1,000,000 10:00 AM – 12:00 PM
- 7 Dearborn Street #3 (Condo) | 2 Bed, 2 Bath, $950,000 10:00 AM – 12:00 PM
- 9 Dearborn Street (Multi-Family) | 8 Bed, 6 Bath, $2,850,000 10:00 AM – 12:00 PM
- 54 Homer Street | 4 Bed, 1 Bath, $399,000 10:00 AM – 11:30 AM
- 21 Princeton Street (Condo) | 3 Bed, 1 Bath, $550,000 10:00 AM – 11:00 AM
- 19 Princeton Street (Condo) | 3 Bed, 1.5 Bath, $599,900 10:00 AM – 11:00 AM
- 19 Princeton Street (Multi-Family) | 6 Bed, 2.5 Bath, $1,150,000 10:00 AM – 11:00 AM
- 23 Pell Street (Condo) | 3 Bed, 2.5 Bath, $1,200,000 10:30 AM – 12:00 PM
- 20 East Bowery Street #1A (Condo) | 2 Bed, 2 Bath, $899,000 11:00 AM – 12:30 PM
- 28 Merton Road | 4 Bed, 3 Bath, $998,000 11:30 AM – 12:30 PM
- 41 School Street #3 (Condo) | 2 Bed, 2.5 Bath, $1,550,000 12:00 PM – 1:30 PM
- 41 School Street #2 (Condo) | 2 Bed, 2.5 Bath, $1,525,000 12:00 PM – 1:30 PM
- 16 Sherman Street (Multi-Family) | 6 Bed, 3 Bath, $2,498,888 12:00 PM – 2:00 PM
- 17 Pocasset Lane (Condo) | 2 Bed, 2.5 Bath, $910,000 10:00 AM – 12:00 PM
- 975 Anthony Road | 2 Bed, 1 Bath, $724,500 11:00 AM – 1:00 PM
- 64 Mitchell Street (Condo) | 4 Bed, 3.5 Bath, $1,125,000 11:00 AM – 12:30 PM
- 80 Holman Street | 3 Bed, 2.5 Bath, $1,475,000 11:00 AM – 12:30 PM
- 264 Rolling Hill Road #264 (Condo) | 2 Bed, 2.5 Bath, $850,000 11:00 AM – 12:30 PM
- 30 Bunker Hill Crossing | 3 Bed, 2.5 Bath, $849,000 11:30 AM – 1:00 PM
- 49 Evergreen Drive | 3 Bed, 1.5 Bath, $650,000 1:00 PM – 2:30 PM
- 561 Boyds Lane | 2 Bed, 2 Bath, $755,000 2:00 PM – 3:30 PM
- 136 Durfee Road | 3 Bed, 2 Bath, $489,000 10:00 AM – 11:00 AM
- 185 Hilton Street | 3 Bed, 2 Bath, $499,900 10:00 AM – 11:30 AM
- 199 Lepes Road | 3 Bed, 2 Bath, $699,900 11:00 AM – 12:30 PM
- 40 Lazywood Lane | 3 Bed, 3 Bath, $1,095,000 11:00 AM – 1:00 PM
- 3333 Main Road | 4 Bed, 3 Bath, $2,495,000 11:00 AM – 12:30 PM
- 19 Sawdy Pond Avenue | 4 Bed, 2 Bath, $589,000 12:00 PM – 1:00 PM
- 21 King Road | 3 Bed, 2 Bath, $569,000 12:00 PM – 1:30 PM
- 162 Indian Point Road | 3 Bed, 4.5 Bath, $2,275,000 12:00 PM – 1:30 PM
- 365 Cottrell Road | 4 Bed, 3.5 Bath, $875,000 2:30 PM – 3:30 PM
Sunday, October 11 Open Houses
- 9 Cutter Street | 3 Bed, 2 Bath, $989,900 10:30 AM – 12:00 PM
- 57 Melrose Avenue | 2 Bed, 1.5 Bath, $929,000 11:00 AM – 1:00 PM
- 15 Milton Road | 3 Bed, 2 Bath, $998,700 11:00 AM – 12:30 PM
- 157 Ellery Avenue | 5 Bed, 3 Full, 2 Half Bath, $2,870,000 10:00 AM – 12:00 PM
- 3 Collins Terrace | 3 Bed, 1 Bath, $600,000 11:30 AM – 1:00 PM
- 188 Allston Avenue | 4 Bed, 4 Full, 2 Half Bath, $3,675,000 11:30 AM – 1:00 PM
- 118 Newport Avenue | 6 Bed, 6 Full, 2 Half Bath, $2,989,000 12:30 PM – 2:00 PM
- 12 Mount Vernon Street #4 (Condo) | 2 Bed, 1 Bath, $950,000 11:00 AM – 12:30 PM
- 6 Sharon Court | 4 Bed, 4.5 Bath, $2,999,000 12:00 PM – 2:00 PM
- 16 Sherman Street (Multi-Family) | 6 Bed, 3 Bath, $2,498,888 12:00 PM – 2:00 PM
- 17 Pocasset Lane (Condo) | 2 Bed, 2.5 Bath, $910,000 10:00 AM – 12:00 PM
- 49 Evergreen Drive | 3 Bed, 1.5 Bath, $650,000 11:00 AM – 12:00 PM
- 2269 East Main Road | 4 Bed, 4.5 Bath, $1,295,000 11:00 AM – 12:30 PM
- 2040 East Main Road | 3 Bed, 3.5 Bath, $1,595,000 11:00 AM – 12:30 PM
- 139 Lambie Circle | 3 Bed, 2.5 Bath, $1,100,000 11:00 AM – 1:00 PM
- 11 Linda Avenue | 4 Bed, 2 Bath, $669,900 11:00 AM – 12:30 PM
- 64 Mitchell Street (Condo) | 4 Bed, 3.5 Bath, $1,125,000 11:00 AM – 12:30 PM
- 975 Anthony Road | 2 Bed, 1 Bath, $724,500 11:00 AM – 1:00 PM
- 126 Hilton Street | 4 Bed, 2 Bath, $699,000 10:00 AM – 11:30 AM
- 10 High Hill Road | 4 Bed, 5.5 Bath, $5,490,000 11:00 AM – 12:30 PM
- 49 Captains Circle | 4 Bed, 1.5 Bath, $769,000 1:00 PM – 2:30 PM
