Market Update

South (Washington) County

Q3 2025

Residential Property Snapshot

Single Family Homes & Condos | Q3 2025
Med. Sales Price
$695k
8% more than in
Q3 2024
Avg. Days On Market
39
5% more than in
Q3 2024
Closed Sales
457
20% more than in
Q3 2024
Inventory
270
13% fewer than in
Q3 2024
Closed
New
Inventory

Closed Sales by Price

  • Single Family Homes
  • Condos
 |  Q3 2025
Closed Sales by Price — underlying data
Closed Under $1m76.1%
Q3 '25348
Q3 '24317
1YR CHANGE+10%
Closed $1m - $2m18.8%
Q3 '2586
Q3 '2450
1YR CHANGE+72%
Closed $2m - $3m3.1%
Q3 '2514
Q3 '243
1YR CHANGE+367%
Closed Over $3m2.0%
Q3 '259
Q3 '2411
1YR CHANGE-18%
By Year
By Price

Market Data by Year

  • Single Family Homes
  • Condos

 |  Q3 2025

Rotate your device to view as table
'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-13%
New Listings
New Listings represents the number of properties listed during the quarter.
-2%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-19%
Closed Sales
20%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
5%

5 Communities

Communities

Narragansett

Median
$894k
DOM
43
Sales
84
Inv
35

North Kingstown

Median
$675k
DOM
31
Sales
86
Inv
52

Richmond

Median
$565k
DOM
37
Sales
27
Inv
20

South Kingstown

Median
$739k
DOM
37
Sales
93
Inv
51

Westerly

Median
$502k
DOM
30
Sales
57
Inv
30

Data provided by MLS PIN, and Rhode Island State-Wide MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2025 end of day. This report was last updated Oct 6, 2025.

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