RE/MAX Reports 2.7% Increase in Pending RI Home Sales for Feb.
GoLocalProv Real Estate Team
RE/MAX Reports 2.7% Increase in Pending RI Home Sales for Feb.

In Rhode Island, home transactions fell -7.9 percent, while median price dipped slightly at -1.3 percent, while pending sales are up.
Inventory in every state in the region, except New Hampshire and Vermont, shows a decrease year-over-year. Overall home sales show decreases month-over-month, an expected trend for this time of the year.
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Overview for other New England states
- In Connecticut, the number of total transactions is down -2.9% year-over-year, while the median price rose 2.1%. Pending sales were up 30.1% year-over-year.
- Massachusetts showed a decrease of -4.4% in total transactions year-over-year. The median price increased 5.6. Pending sales were up 40.4% over February of 2013 – the highest in the region.
- In New Hampshire, home transactions decreased -6.5% year-over-year, and median price rose 5.6%. Pending sales were up 6.0% year-over-year.
- Vermont experienced a boost in total transactions, up 18.2%, while median price decreased -6.4% year-over-year. Pending sales were up 12.9% year-over-year.
- MLS Data not available for Maine at this time.
