As we approach the end of August (hard to believe it’s here already), we’re seeing a clear shift in the local real estate market. Properties that are priced correctly are still moving quickly, with sellers increasingly recognizing that the market sets expectations within just a few weeks of listing. Inventory, along with the basic principles of supply and demand, continues to drive market trends, while life changes remain a key motivator for buyers and sellers alike. Many properties are experiencing price adjustments, creating opportunities for savvy buyers to capitalize.
For sellers, this combination of high demand and limited supply offers an ideal moment to list, with the potential to secure strong offers. Recent sales in Newport County highlight these trends, with quick sales and competitive bidding wars becoming the norm. Buyers need to be well-prepared and proactive to succeed in this market.
Navigating such a competitive landscape can be challenging, but partnering with an experienced real estate professional can make all the difference. Tyler Bernadyn, co-owner of RE/MAX Results, provides expert guidance and support throughout the buying and selling process. With in-depth local knowledge and a strong commitment to client satisfaction, Tyler is ready to address any questions or concerns, ensuring a seamless and successful real estate experience.
Tyler is dedicated to helping clients achieve their real estate goals. For personalized assistance and to explore your options in today’s market, contact Tyler directly at 401-241-1851 or via email at TylerB@resultswithremax.com.
*All information sourced directly from the Rhode Island Statewide MLS.
Click HERE to see What Sold last week in Newport County
Jamestown
541 Seaside Drive
- Price: $4,200,000
- Type: Contemporary
- Bedrooms: 3
- Bathrooms: 3
- Half Bathrooms: 0
- Square Footage: 3,440
- Days on Market: 7
Middletown
248 Wyatt Road
- Price: $1,175,000
- Type: Cape Cod
- Bedrooms: 4
- Bathrooms: 2
- Half Bathrooms: 1
- Square Footage: 2,868
- Days on Market: 63
12 Wedgewood Drive
- Price: $1,070,000
- Type: Colonial
- Bedrooms: 4
- Bathrooms: 2
- Half Bathrooms: 1
- Square Footage: 2,450
- Days on Market: 32
2 Coggeshall Circle
- Price: $865,000
- Type: Raised Ranch
- Bedrooms: 3
- Bathrooms: 3
- Half Bathrooms: 0
- Square Footage: 1,344
- Days on Market: 16
1049 Wapping Road
- Price: $810,000
- Type: Cape Cod
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,408
- Days on Market: 63
17 Namquid Drive
- Price: $531,000
- Type: Tri-Level
- Bedrooms: 3
- Bathrooms: 1
- Half Bathrooms: 1
- Square Footage: 992
- Days on Market: 48
Newport
180 Narragansett Avenue
- Price: $10,800,000
- Type: Historic
- Bedrooms: 14
- Bathrooms: 13
- Half Bathrooms: 4
- Square Footage: 16,544
- Days on Market: 400
138 Webster Street
- Price: $3,600,000
- Type: Cottage
- Bedrooms: 5
- Bathrooms: 6
- Half Bathrooms: 2
- Square Footage: 4,836
- Days on Market: 61
77 Catherine Street
- Price: $2,700,000
- Type: Colonial
- Bedrooms: 5
- Bathrooms: 4
- Half Bathrooms: 1
- Square Footage: 5,454
- Days on Market: 7
32 Green Street
- Price: $1,250,000
- Type: Historic
- Bedrooms: 3
- Bathrooms: 2
- Half Bathrooms: 1
- Square Footage: 3,800
- Days on Market: 196
170 Gibbs Avenue
- Price: $1,000,000
- Type: Other
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,433
- Days on Market: 52
18 Bedlow Avenue
- Price: $850,000
- Type: Victorian
- Bedrooms: 4
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 2,028
- Days on Market: 29
8 3rd Street
- Price: $800,000
- Type: Colonial
- Bedrooms: 2
- Bathrooms: 1
- Half Bathrooms: 1
- Square Footage: 946
- Days on Market: 8
37 Powel Avenue
- Price: $2,000,000
- Type: Up/Down
- Bedrooms: 6
- Bathrooms: 6
- Half Bathrooms: 0
- Square Footage: 4,255
- Days on Market: 35
Portsmouth
70 Harvest Drive
- Price: $1,390,000
- Type: Ranch
- Bedrooms: 3
- Bathrooms: 2
- Half Bathrooms: 1
- Square Footage: 2,846
- Days on Market: 56
22 Willow Lane
- Price: $1,200,000
- Type: Contemporary
- Bedrooms: 4
- Bathrooms: 4
- Half Bathrooms: 1
- Square Footage: 3,850
- Days on Market: 99
37 Islington Avenue
- Price: $599,000
- Type: Colonial
- Bedrooms: 3
- Bathrooms: 3
- Half Bathrooms: 0
- Square Footage: 1,904
- Days on Market: 11
Tiverton
837 East Road
- Price: $550,000
- Type: Raised Ranch
- Bedrooms: 3
- Bathrooms: 2
- Half Bathrooms: 0
- Square Footage: 1,568
- Days on Market: 212