Don’t Panic: The Rhode Island Real Estate Market Is ChangingSeptember 21, 2026 | Rhode Island Real Estate Market UpdateThere is a lot of uncertainty in real estate right now. Mortgage rates
Rhode Island Real Estate Market Update – July 2025
Dated: August 21 2025
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Rhode Island Real Estate Market Update – July 2025
The Rhode Island housing market continues to show strong activity this summer, with key indicators pointing to a competitive environment for both buyers and sellers. Let’s take a closer look at the latest numbers for July 2025 and what they mean for you.
📊 Market Snapshot – July 2025
Median Sale Price: $505,000
Number of Sales: 816
Pending Sales: 937
Months of Supply: 2.7
💰 Prices Holding Strong
The median sale price of $505,000 reflects continued stability in Rhode Island’s housing market. While prices remain high compared to recent years, this slight adjustment from June suggests the market is finding balance. Sellers can still expect strong returns, while buyers may find a bit more breathing room as inventory grows.
📈 Sales Activity
With 816 homes sold in July, closed sales remain strong. This indicates steady buyer demand, even with higher interest rates still in play.
Meanwhile, 937 pending sales highlight ongoing buyer activity heading into late summer and early fall. For sellers, this means buyers are still actively writing offers, while buyers should be prepared to compete, especially for well-priced homes.
🏡 Inventory & Supply
Inventory continues to improve, with 2.7 months of supply now available. While this is still considered a seller’s market (balanced market is typically around 5–6 months of supply), it’s a positive sign for buyers who have more options today than they did a year ago.
🔑 What This Means for You
Sellers: It’s still a great time to list your home. With motivated buyers in the market and low inventory, a well-presented and correctly priced home can sell quickly and for top dollar.
Buyers: More inventory means more choice, but competition remains strong. Getting pre-approved and working with an experienced Realtor will help you move fast when the right property comes along.
✅ Final Thoughts
The Rhode Island real estate market remains competitive but is gradually showing signs of balance. Whether you’re buying your first home, moving up, or selling to maximize your equity, planning your strategy with a local expert is key.
If you’re considering making a move, I’d be happy to guide you through the process with the latest market insights and proven strategies.
📲 Guillermo Hurtado, Realtor
RE/MAX 1st Choice
Licensed in RI & MA
Phone: 508-493-9344
Email: guillermohurtado.realtor@gmail.com
Guillermo Hurtado
As a RE/MAX agent, I'm dedicated to helping my clients find the home of their dreams. Whether you are buying or selling a home or just curious about the local market, I would love to offer my support ....
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