New Shoreham, RI
Housing market overview · Updated weekly
$3.00Mmedian sale price
Homes sold
1
Last 12 weeks
Days on market
133
Average pace
Active listings
10
10.0 months supply
Sale-to-list
92.3%
Below asking
The New Shoreham housing market is currently classified as a buyer's market with a median sale price of $3.00M. Prices have fallen 31.8% compared to last year, with homes spending an average of 133 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in New Shoreham?
The median home sale price in New Shoreham is $3.00M, down 31.8% from last year.
How long do homes stay on market in New Shoreham?
Homes typically spend 133 days on market before going under contract.
Is New Shoreham a buyer's or seller's market?
With 10.0 months of supply, New Shoreham is currently a buyer's market.
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