đ National housing trends give us some insight but what does this mean for Rhode Island and Massachusetts buyers and sellers?

First-time buyers: Now just 28% of the market (down from 29% in July). Affordability remains a challenge, especially in Providence, Cumberland, Lincoln, and Attleboro.
Days on Market: Homes are taking longerâ28 days vs. 24 days last month. Locally, weâre seeing similar shifts, giving buyers a touch more breathing room.
Median Price: Nationally up slightly to $422,400. In RI & Bristol County, MA, median prices are holding strong, with well-prepared homes still moving quickly.
Overall health: With only 2% of sales as foreclosures/short sales and nearly 49% cumulative price appreciation, homeowners continue to sit on solid equity.
â For Rhode Island and Southeastern Massachusetts, this means buyers may see more negotiating opportunities, while sellers still benefit from strong equity positions.
If youâre wondering what this means for your neighborhoodâwhether itâs Providence, Warwick, Cumberland, or across the line in Mansfield, Foxboro, or Wrenthamâletâs connect and strategize.
Visit my website at: https://www.anastasiakaufman.com/
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Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS
Cell: 401-338-2749
Email: Anastasia@anastasiakaufman.com
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