Climate Rhode Island enjoys a moderate climate with four distinct and colorful seasons. Rainfall is evenly distributed throughout the year, and the greatest snowfall usually occurs in February. The average January temperature is 30 degrees F, with an average July temperature of 72 degrees F. Annu
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03/11/2008
The volume of closed transactions has reached a very low point in Newport County but the Pending Index is still strong. Pendings dropped in mid December and we are seeing the results of fewer contracts written in that time period, however, the Pending number increase nicely in January and so far
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02/13/2008
1/26/2008Newport County Active Sold Average Sales Per Month Months of Inventory Percent of SupplyPercent Sold Single Family 641 647 5412 55%73% Multi Family 86 43 4 24 7%5% Condo 257 149 12
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01/25/2008
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 wid
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01/17/2008
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 Pend
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01/17/2008
I'm Back! Been a while but we have been BUSY! Here's what we've done since June:We've joined William Raveis Real Estate, http://www.raveis.com/. New Englands largest family owned real estate company with #1 market share in CT and #3 in MA. We've added the rental team, database and website of N
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01/15/2008
Here's an overview of the supply and demand with months of available inventory for Newport County:5/30/2007Newport County Active Sold Average Sales Per Month Months of Inventory Percent of SupplyPercent Sold Single Family 816 634 52.8 15 59%71% Multi Family 101 47 3.9 2
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06/04/2007
Too much inventory! Way too much inventory! We have an 18 month supply of properties for sale in Newport County! Great time to buy!! This 18 month supply should start to reduce as we go throught the summer. Usually, supply increases slow down in the summer months and demand is stronger, so we
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06/04/2007
We had a very busy weekend with our Open Houses! Buyers are out, offers coming in, second showings are being arranged! All of this I expected when we had such a slowdown in the March/April timeframe. I've been doing this for a while now and have developed a "nose" for the business. June will
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05/21/2007
We've reached a very high 18 Months of supply as evidenced below:Totals ActiveSold Average Sales Per Month Months of Inventory County 1,360 908 75.7 18 Newport 399 312 26.0 15 Middletown 169 149 12.4 14 Portsmouth
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05/18/2007
