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The current landscape of our local real estate can be characterized by two words — limited inventory. The demand for homes in the area has remained consistent and even potentially increased as of late, with many buyers coming back to the market who were previously on the sidelines in 2023 due to higher interest rates. This reality is turning the market into a haven for those looking to make a profitable move.
In this “What Sold” article, we shine a spotlight on 11 local listings that successfully changed hands. Against the narrative of low inventory, sellers find themselves in a unique position to command top dollar for their properties, setting the stage for an active and competitive Spring market. With limited opportunities currently available to buyers, this is a great time for potential sellers to do their due diligence and connect with a local professional to discuss their options and equity.
If you’re considering a move, now is the opportune moment to start preparing for your sale. The current conditions create a prime environment for sellers, offering the potential for swift transactions and favorable returns. As a dedicated real estate professional, I am here to guide you through this process, leveraging my expertise to ensure a seamless and successful transition.
Join me as we explore the success stories of last week’s real estate triumphs and consider the possibilities that lie ahead. Whether you’re looking to sell, buy, or simply navigate the intricacies of the current market, I look forward to the opportunity to earn your business. For more information on these sales or to discuss any real estate-related needs, please contact Tyler Bernadyn at RE/MAX Results. He can be reached directly at 401-241-1851 or via email at TylerB@resultswithremax.com.
CLICK HERE TO SEE ‘WHAT SOLD’ LAST WEEK IN NEWPORT COUNTY
63 Ferry Street, Jamestown
Price Sold: $600,000.00
Type: Contemporary, Cottage
Bedrooms/Bathrooms: 2 beds / 1 full bath
Sq. Ft.: 1,036
Days on Market: 27
8 Howland Avenue, Middletown
Price Sold: $1,800,000.00
Type: Cape Cod
Bedrooms/Bathrooms: 3 beds / 3 full baths / 1 half bath
Sq. Ft.: 3,976
Days on Market: 112
310 Third Beach Road, Middletown
Price Sold: $1,325,000.00
Type: Single Level / Other
Bedrooms/Bathrooms: 3 beds / 3 full baths
Sq. Ft.: 2,592
Days on Market: 98
423 Corey Lane, Middletown
Price Sold: $630,000.00
Type: Town House / Condominium
Bedrooms/Bathrooms: 3 beds / 2 full baths / 1 half bath
Sq. Ft.: 1,684
Days on Market: 27
406 Bellevue Avenue, Newport
Price Sold: $2,900,000.00
Type: Historic / Inn
Bedrooms/Bathrooms: 11 beds / 13 full baths / 1 half bath
Sq. Ft.: 10,575
Days on Market: 220
3 Third Street, Newport
Price Sold: $930,000.00
Type: Bungalow
Bedrooms/Bathrooms: 2 beds / 1 full bath / 1 half bath
Sq. Ft.: 1,100
Days on Market: 24
10 Princeton Street, Newport
Price Sold: $575,000.00
Type: Victorian
Bedrooms/Bathrooms: 3 beds / 1 full bath / 1 half bath
Sq. Ft.: 2,023
Days on Market: 42
14 Kilburn Court, Unit #14, Newport
Price Sold: $425,525.00
Type: Town House / Condominium
Bedrooms/Bathrooms: 3 beds / 1 full bath
Sq. Ft.: 1,232
Days on Market: 15
7 Bayview Avenue, Newport
Price Sold: $1,390,000.00
Type: Up/Down (Multi-Family)
Bedrooms/Bathrooms: 9 beds / 3 full baths
Sq. Ft.: 5,220
Days on Market: 0
309 Freedom Trail Drive, Portsmouth
Price Sold: $759,000.00
Type: Colonial
Bedrooms/Bathrooms: 3 beds / 2 full baths / 1 half bath
Sq. Ft.: 1,828
Days on Market: 0
126 Hooper Street, Tiverton
Price Sold: $492,500.00
Type: Ranch
Bedrooms/Bathrooms: 3 beds / 1 full bath
Sq. Ft.: 1,179
Days on Market: 4
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This article was originally published by a whatsupnewp.com . Read the Original article here. .