HOPE STATE LIVING Real Estate with Jess Powers
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Market Watch for July 29, 2020

7/29/2020

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Single Family Market Report:
1359 Active Listings (this is 52% lower than this time last year!!)
296 New Listings as of Wednesday, July 29
176 Under Contract (Inspection Period)
301 Pending
293 Sold

What should you take away from this? Last week inventory was down 50% over last year, this week it's down 52%....So it's just getting more difficult for buyers to find a home & that means they just have to be as patient as possible (yes, I'm talking to you!!), hang in there (don't give up--we'll get one to stick), & be willing to put in competitive bids. 
If you're holding onto a home that you've considered selling-----CALL ME!!!! I've been able to find buyers for two homes that we didn't put on MLS. If that's the best option for you I'll do it. There are pros & cons that we'll discuss but I don't advise that you wait! Let's chat!

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JESS POWERS
eXp Realty
​Associate Broker

​401-559-7674
jesslpowers84@gmail.com
eXp Realty
​Serving communities throughout
Rhode Island
​  Southern MA & Eastern CT
RI License #: REB.0018505
MA license #: CN237390
CT license #: 
RES.0823074
RI office: 101 Franklin St Westerly, RI 02891


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  • HOME
  • HOME BUYER BOOTCAMP
  • MARKET NEWS
  • LIVING IN RI
    • Living in East Greenwich
    • Living in Cranston
    • Living in Edgewood Cranston
    • Living in Pawtuxet Village
    • Living in East Side PVD
    • Living in Elmhurst PVD
    • Living In Warwick
  • BLOG
  • BUYERS
  • SELLERS
  • WORKSHOPS
  • About Me.....
    • MY TEAM
  • CONTACT
  • What's My Home Worth
  • First Time Home Buyer
  • Making an Offer on a house
  • Your accepted offer: now what?
  • Closing Checklist
  • Mortgage Calculator
  • Seller Guide
  • PPS Bash