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 […]
Real Estate
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On the Market: A look at 8 Open Houses happening this weekend across Newport County (Dec. 21 – 22)
As the holiday season approaches, the Newport County real estate market is embracing its seasonal rhythm. With just eight open houses on the calendar this weekend, many homeowners are choosing to press pause on their selling efforts, focusing instead on decking the halls and preparing for Santa Claus to come to town. This slowdown is […]
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‘Lion Head’, an oceanfront estate in Jamestown, sells for $7.8 million
Mott & Chace Sotheby’s International Realty announced the sale of 597 Beavertail Road, Jamestown today. The property recently sold for $7,819,000. According to Mott & Chace Sotheby’s International Realty, the sellers were represented Judy Chace, Broker/Co-Owner and Erin Marsh, Sales Associate, both of Mott & Chace Sotheby’s International Realty. Eric Kirton of Lila Delman Compass represented the buyers. […]
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What Sold: A look at the 19 recent real estate transactions in Newport County (Dec. 9 – 13)
As we head into the holiday season and approach the end of the year, it’s no surprise that activity in the real estate market is starting to slow down. The holiday season often brings a natural lull to our offices, and I anticipate the next few weeks will be quieter as we transition into 2025. […]
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On the Market: Open Houses in Newport County this weekend (Dec. 14 – 15)
The Newport County real estate market continues to face the ongoing challenge of low inventory, a trend that shows no sign of easing as we head into the holiday season. However, for those actively seeking a home, this weekend presents several promising Open House opportunities that could be the key to your next move. In […]
Posted inCity & Government
Newport City Council rejects Coggeshall School development proposal
The Newport City Council voted 4-3 to reject a proposal to sell the former Coggeshall School property to a developer for $1 million, citing concerns over affordability and loss of green space. BCM Realty Partners had proposed converting the historic school building into 32 rental units, including 26 units in the main structure and six […]
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Sandy Point Farm sells for $2.3 million
Mott & Chace Sotheby’s International Realty today announced the sale of 30 Sandy Point Farm Road in Portsmouth. The property recently sold for $2,300,000. The sellers were represented by Judy Chace, Broker/Co-Owner and Kylie McCollough, Sales Associate, and the buyers were represented by Lahna Son-Cundy, Sales Associate, all of Mott & Chace Sotheby’s International Realty. “With help from Sotheby’s […]
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Most expensive homes for sale in Providence
Stacker compiled a list of the most expensive homes in Providence listed for sale on realtor.com. Homes are ranked by price with ties broken by price per square foot. You may also like: Most common restaurant cuisines in Providence #30. 100 Fountain St Unit 2B, Providence – Price: $799,000- 3 bedrooms, 2 full bathrooms- Square […]
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What Sold: A look at the 20 homes that changed hands in Newport County last week (Dec. 2 – 6)
Each week on What Sold, we take a closer look at the current state of the Newport County real estate market. The first week of December saw 20 properties close, demonstrating that the market remains competitive, even as signs of adjustment begin to emerge. One trend that continues to shape the local market is the […]
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On the Market: Explore Open Houses in Newport County this weekend (December 7 – 8)
The Newport County real estate market continues to face a persistent challenge of low inventory, a trend that shows no signs of abating in the near future. As we approach the holiday season, the market is expected to remain relatively stagnant, however, for those actively seeking, there are still some promising Open House opportunities this […]
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Residential Properties Ltd. expands into Jamestown with Mansions & Manors acquisition
Residential Properties Ltd. (RPL) is expanding into Newport County by acquiring Jamestown-based Mansions & Manors®, an independent brokerage. The merger, set for Jan. 1, 2025, represents RPL’s strategic entry into a new market. Sally Lapides, RPL’s President and CEO, announced the acquisition, noting the shared values between the two female-founded and run brokerages. “Gloria and […]
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Jamestown condo sells for $2.1 million, second highest in 2024
Mott & Chace Sotheby’s International Realty has just closed a deal on a luxury condo in Jamestown. The property, which sold for $2.1 million, now holds the title for the second-highest condo sale in the area this year. Located at 53 Conanicus Avenue #6B, this newly remodeled unit offers stunning views of Narragansett and Newport […]
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What Sold: A look at the 9 home sales in Newport County last week (November 25 – 29)
Each week on What Sold, we take a closer look at the current state of the Newport County real estate market. Over the shortened holiday week, we saw 9 properties close, underscoring a market that remains competitive despite signs of adjustment. One thing remains clear: the local market continues to be impacted by an ongoing […]
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What Sold: A look at the 18 real estate transactions in Newport County last week (Nov. 18 – 22)
The real estate market in Newport County is seeing steady activity, with 18 homes changing hands just last week. While things are cooling down a bit for sellers as we approach the winter months, there are still great opportunities for buyers who are ready to act before the spring rush. As detailed in the recent […]
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Cities with the most expensive homes in Rhode Island
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers. The typical home value in the United States was $360,385 in […]
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Cities with the fastest-growing home prices in Rhode Island
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties. The typical home value in the United States was $360,385 in October, 2.4% higher than the year before. Increasing mortgage rates have slowed growth, […]
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On the Market: Explore open houses in Newport County this weekend (Nov. 23 – 24)
The Newport County real estate market continues to face the challenge of low inventory, which has been a persistent trend for some time. As we approach the holiday season, the market is expected to remain relatively stagnant, making it even harder for buyers to secure the home they’re looking for. However, for those actively seeking, […]
Posted inReal Estate
What Sold: A look at 12 recent sales across Newport County (Nov. 11 – 15)
Each week on What Sold, we take a look at the current state of the Newport County real estate landscape. Over the past few months, one thing has remained clear: the local market continues to be shaped by an ongoing inventory shortage. With only 12 properties closing last week, it’s evident that the strong demand […]
Posted inReal Estate
On the Market: Explore Open Houses in Newport County this weekend (Nov. 16 – 17)
The Newport real estate market faces a familiar challenge: low inventory. As we move into the holiday season, this trend is expected to persist, making it even harder for buyers to find the right property. However, there are still some excellent Open House opportunities this weekend, offering a variety of property types. Inventory in the […]
Posted inReal Estate
Home on Fly Jib Court in Jamestown fetches $3.9 million
Lila Delman Compass today announced the sale of 25 Fly Jib Court in Jamestown for $3,900,000. Bob Bailey of Lila Delman Compass’ Jamestown office represented the seller in this transaction. According to Lila Delman Compass, the contemporary home, recently redesigned and renovated by the award-winning Sweenor Builders, is situated on 3+ acres overlooking Narragansett Bay. […]
Posted inCity & Government
Reps. Carson, Cortvriend want to hear from you about short-term rental issues
The special legislative commission studying the economic and social effects of the short-term rental industry is now accepting testimony from the public. Representatives Lauren H. Carson and Terri Cortvriend are asking Aquidneck Islanders to make their voices heard. The Special Legislative Commission to Review and Provide Recommendations for Policies that Deal with Numerous Economic and […]
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What Sold: A look at 16 recent sales across Newport County (Nov. 4 – 8)
Each week on What Sold, we take a look at the current state of the Newport County real estate landscape. Over the last few months, it’s clear that the local market continues to remain defined by its inventory challenges. With only 16 properties closing last week, highlighted by the sale of 18 Sachuest for $3,485,000, […]
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On the Market: A look at 33 open houses happening this weekend in Newport County (Nov. 9 – 10)
Welcome to this week’s edition of “On the Market,” where we highlight real estate opportunities featuring 33 open houses happening across Newport County this weekend. This is a great opportunity to find your new home just in time to settle in before the holiday season. As we embrace fall, the Rhode Island real estate market […]
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Home on Sachuest Drive in Middletown sells for $3.485 million
Hogan Associates Christie’s International Real Estate announced the November 6, 2024, sale of 18 Sachuest Drive in Middletown. Built by Newport Builders, this impressive new construction home is surrounded by 8.5 acres of open space with stunning views of natural landscapes. The property sold for $3.485 million. Matt Hadfield of Hogan Associates | Christie’s International Real Estate […]
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What Sold: A look at 22 recent sales across Newport County (Oct. 28 – Nov. 1)
As we analyze the current state of the Newport County real estate landscape, it’s clear that the local market remains defined by its inventory challenges. With only 22 properties closing last week, including a remarkable historic sale in Jamestown at a staggering $12.25 million, it’s evident that high demand continues to meet limited supply, resulting […]