1/26/2008 | ||||||
Newport County | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 641 | 647 | 54 | 12 | 55% | 73% |
Multi Family | 86 | 43 | 4 | 24 | 7% | 5% |
Condo | 257 | 149 | 12 | 21 | 22% | 17% |
Land | 190 | 47 | 4 | 49 | 16% | 5% |
Total | 1,174 | 886 | 74 | 16 | 100% | 100% |
Newport | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 146 | 176 | 15 | 10 | 23% | 27% |
Multi Family | 53 | 33 | 3 | 19 | 62% | 77% |
Condo | 131 | 95 | 8 | 17 | 51% | 64% |
Land | 8 | 3 | 0 | 32 | 4% | 6% |
Middletown | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 76 | 102 | 9 | 9 | 12% | 16% |
Multi Family | 14 | 7 | 1 | 24 | 16% | 16% |
Condo | 27 | 19 | 2 | 17 | 11% | 13% |
Land | 14 | 3 | 0 | 56 | 7% | 6% |
Portsmouth | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 151 | 166 | 14 | 11 | 24% | 26% |
Multi Family | 9 | 3 | 0 | 36 | 10% | 7% |
Condo | 69 | 18 | 2 | 46 | 27% | 12% |
Land | 73 | 15 | 1 | 58 | 38% | 32% |
Jamestown | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 57 | 66 | 6 | 10 | 9% | 10% |
Multi Family | - | - | - | #DIV/0! | 0% | 0% |
Condo | 10 | 4 | 0 | 30 | 4% | 3% |
Land | 13 | 9 | 1 | 17 | 7% | 19% |
Tiverton | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold | |
| Single Family | 173 | 110 | 9 | 19 | 27% | 17% |
| Multi Family | 10 | - | - | #DIV/0! | 12% | 0% |
| Condo | 20 | 13 | 1 | 18 | 8% | 9% |
| Land | 62 | 14 | 1 | 53 | 33% | 30% |
Little Compton | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
Single Family | 38 | 27 | 2 | 17 | 6% | 4% |
Multi Family | - | - | - | - | 0% | 0% |
Condo | - | - | - | - | 0% | 0% |
Land | 20 | 3 | 0 | 80 | 11% | 6% |
Totals | ||||||
| Active | Sold | Average Sales Per Month | Months of Inventory | Percent of Supply | Percent Sold |
County | 1,174 | 886 | 74 | 16 | 100% | 100% |
Newport | 338 | 307 | 26 | 13 | 29% | 35% |
Middletown | 131 | 131 | 11 | 12 | 11% | 15% |
Portsmouth | 302 | 202 | 17 | 18 | 26% | 23% |
Jamestown | 80 | 79 | 7 | 12 | 7% | 9% |
Tiverton | 265 | 137 | 11 | 23 | 23% | 15% |
Little Compton | 58 | 30 | 3 | 23 | 5% | 3% |
William Raveis Chapman Enstone is a Real Estate agency located in Newport, RI. We provide innovative marketing approaches to Real Estate with a focus on World Class customer service.
Now, more than ever buyers and sellers need experienced representation. Our agency and its agents encompass a wide range of expertise and knowledge of the local community and bring a fresh perspective to buying and selling property.
Rhode Island Real Estate Listings http://www.raveis.com or http://www.chapmanenstone.com
Looking for a rental? http://www.newportrentalguide.com
Moving to Rhode island? http://www.chapmanenstone.com
City of Newport www.cityofnewport.com/
The entire state holds 135 miles of waterfront and scenic coastline
Quiet rural areas just minutes from an active waterfront.
The History! Newport was founded in 1639.
Boating, surfing, kayaking, windsurfing, fishing, golfing,
Newport is considered America's first resort.
Beaches, Gilded Age mansions, theatre, concerts, festivals.
Newport vacation, student rentals search
http://www.newportrentalguide.com
Planning an event in Newport, RI?
Don't miss these spots when visiting.
http://www.travelandleisure.com/articles/newport-the-next-generation&page=3
Our market is performing ok, not fantastic but not nearly as bad as the media might indicate. We compile a tremendous amount of statistics over and above the statistics we analyze from outside sources. Our statistics are showing that the Newport County market is still performing well. Our Pending Index has been stable along with our Solds per day. We do have a slightly high inventory of approximately 12 months for single family properties but this has been consistent for several years now.
I'd be happy to share the details upon request.
Keep Hope Alive!
Don't Believe the Hype!
I am a 4th generation Newporter, raised in the "Fifth Ward" on Ruggles Ave. I believe that all business is personal. Through out my career I have been committed to the best interests of my clients.
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