Providence Real Estate Trends & Statistics

Providence Median List Price

$177,500

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Providence Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	409	375	9%	528	23%
Median List Price	$177,500	$179,000	1%	$186,500	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	4%		8%
Median DOM	62	55	13%	44	41%
Median House Size	1,400	1,400		1,535	9%
Median $/Sqft	$139/sqft	$137/sqft	1%	$142/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	234	207	13%	335	30%
Median List Price	$149,900	$147,000	2%	$157,900	5%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	5%		10%
Median DOM	52	56	7%	62	16%
Median House Size	1,664	1,652	1%	1,774	6%
Median $/Sqft	$99/sqft	$99/sqft		$95/sqft	4%

	Today	1 Month Ago		1 Year Ago
Total Inventory	175	168	4%	193	9%
Median List Price	$219,500	$234,900	7%	$249,000	12%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	3%		5%
Median DOM	66	53	25%	7	843%
Median House Size	1,102	1,168	6%	1,161	5%
Median $/Sqft	$199/sqft	$200/sqft	1%	$221/sqft	10%

Providence Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	94	76	45	64	42	67	79
New Listings	127	95	70	121	114	166	144
Sold/Expired	168	157	147	138	109	169	149

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	81	54	32	46	29	41	54
New Listings	96	73	55	80	79	90	95
Sold/Expired	132	124	99	98	73	115	105

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	13	22	13	18	13	26	25
New Listings	31	22	15	41	35	76	49
Sold/Expired	36	33	48	40	36	54	44

Providence, Rhode Island real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Providence homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Providence. Movoto is your comprehensive source for Providence property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Providence, RI Market Overview

Inventory: 409 Recently Sold: 149 New Listings: 144 Distressed: 3

Providence's home resale inventories increased, with a 9 percent increase since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Providence went down from April to May. There were a total of 4 price increases and 79 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

702 Elmgrove Ave, Providence, RI