Smithfield RI Real Estate Market – 2016
Smithfield’s real estate market finished 2016 with slight decreases and mixed results overall, according to recently released sales data for December. Listing your home at the right sales price will prove critical for success in Smithfield’s somewhat unpredictable market.
In December 2016, the median sales price for a single-family home in Smithfield decreased year-over-year by nearly 4% to $252,400, and home sales activity decreased by 8.33%. Throughout the year, the sales price experienced seven monthly increases, while the number of homes sold experienced five monthly increases. Not bad, but nothing to make sellers feel overly confident when listing their homes.
That’s why Smithfield homeowners should be prepared to work with a proven realtor that can perform an accurate home valuation. Take advantage of our free, no-obligation home valuation (a $750 value), and prepare yourself for a stress-free selling experience.
Here are the key statistics*:
*All statistics supplied by the Rhode Island Association of Realtors and re-illustrated for your convenience.
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For nearly 40 years, Custodio Realtors has helped thousands of clients sell their Smithfield, RI, homes with less delays, less stress, and less bad experiences.
Our job is to stay on top of the Smithfield real estate market. We’re doing the number crunching and market analysis, and want to offer this page as a convenient resource. We update all statistics and insights on a monthly basis. Feel free to join our email list, so you’re automatically alerted.
Free Home Valuation
Planning to sell your home in the next 1 to 3 months? Too many homeowners trust online calculators (e.g. Zillow), which we’ve found to be quite inaccurate. Let us give you a true valuation backed by our four decades of experience selling homes in northern Rhode Island. And please know there’s no obligation or pressure to use us if you take advantage of this offer.