Real Estate News

Warwick, RI...August 14, 2009...An analysis of sales data by Rhode Island zip codes showed a wide disparity in median price change from the first half of 2008 to the first half of this year. Single family median price went down in all but three zip codes throughout Rhode Island, according to data released today by the Rhode Island Association of Realtors (RIAR). The exceptions occurred in parts of Wyoming (02898), Harmony (02829) and Providence (02903) which showed increases in single family median price year-to-year. The 02903 section of Providence went up by as much as 168 percent. Median price in all other areas decreased, down 2 percent in the 02825 zip code (Foster) to down as much as 77 percent in the 02858 (Oakland) area. Change in price could not be computed for 20 of Rhode Island's 91 zip code areas because no sales had taken place this year.

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