Top Small Teams in Rhode Island – Ranked By Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
Dina & NickiGustave White Sotheby’s International RealtyNewport, RI$66,169,920
The Local GroupLila Delman CompassNarragansett, RI$63,661,749
Sweeney Advisory GroupMott & Chace Sotheby’s International RealtyProvidence, RI$62,719,567
Kirk Schryver TeamCompassBarrington, RI$57,117,500
Sheil Readyhough TeamMott & Chace Sotheby’s International RealtyNarragansett, RI$50,747,020
Albert TeamRE/MAX InnovationsProvidence, RI$49,131,500
The Martone GroupRE/MAX PropertiesSmithfield, RI$48,084,025
Rhode Island Premier TeamRedfinCranston, RI$38,921,800
The Newport Group at Coldwell BankerColdwell Banker RealtyNewport, RI$32,883,250
The Phipps TeamCompassEast Greenwich, RI$30,347,030
Stephanie Basile GroupCompassProvidence, RI$30,125,614
Soby Roberts TeamMott & Chace Sotheby’s International RealtyNarragansett, RI$29,592,500
Newport Living GroupCompassNewport, RI$29,120,469
Dan & Nicole HardingCompassNarragansett, RI$29,042,968
Spectrum Real Estate ConsulantsKeller Williams Realty Leading EdgeLincoln, RI$28,843,040
The Chris Woodard TeamKeller Williams CoastalWarwick, RI$27,963,383
The Steven Miller GroupColdwell Banker RealtyEast Greenwich, RI$26,550,116
Steven Miller GroupColdwell Banker RealtyEast Greenwich, RI$26,411,300
The Rhode Island GroupRE/MAX ProfessionalsEast Greenwich, RI$25,702,836
The Peter Izzi TeamHomeSmart Professionals Real Estate (RI, MA)Warwick, RI$24,644,300

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2023 Rhode Island Housing Market Summary

Rhode Island started 2023 with a total of 697 single-family homes on the market, with a median home price of $484,900 and an average price per square foot of $356. By the end of the year, inventory had increased to 720 homes on the market (+3%), with a median home price of $529,900 (+9%) and an average price per square foot of $403 (+13%).

At the start of 2023, the median days on market (DOM) was 56 days – by the end of the year, median DOM had remained the same at 56 days.

Rhode Island started the year with 25% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 23% of Rhode Island homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Rhode Island started 2023 as a strong seller’s market, with an MAI score of 52; by the end of the year, the MAI had dropped to 49 – a strong seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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