Rhode Island and Massachusetts Home Prices Soar: Limited Supply Drives Double-Digit Growth

Home prices in Rhode Island and Massachusetts continue to surge, with single-family homes seeing double-digit increases year-over-year. In Rhode Island, the median sales price jumped 11.4% to $440,000, while in Massachusetts, prices also rose significantly. Despite a slowdown in sales activity, low inventory levels are keeping prices high. The condo market in Rhode Island is also experiencing growth, with median prices increasing by 15.64% to $370,000.

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