T
he Newport County real estate market remains active, with 17 homes sold last week. Despite the onset of fall, buyer interest remains strong, and current availability of listings is limited. The market faces significant challenges due to low inventory, with only 31 single-family homes available for sale on Aquidneck Island priced under $1 million.
Well-priced properties continue to attract immediate attention, reflecting a trend where sellers are adapting to market conditions. This is an optimal moment for those looking to sell, as the strong demand before the holiday season creates a competitive environment. Recent sales illustrate how quickly properties can move, often amidst bidding wars.
The recent changes in mortgage rates have reignited interest from buyers who had previously been hesitant, making it more competitive than anticipated. Navigating this landscape requires expert guidance. Tyler Bernadyn, co-owner of RE/MAX Results, is available to provide the knowledge and support necessary for a successful transaction.
Here are some recent sales in Newport County:
* Jamestown: 32 Bayberry Road sold for $1,495,000
* Middletown: 906 Mitchells Lane sold for $745,000
* Portsmouth: 17 Annette Drive sold for $1,930,000
* Tiverton: 374 Crandall Road sold for $320,000
For more information on these sales or to schedule a consultation, please reach out to Tyler Bernadyn at [email protected] or direct 401-241-1851.
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