Market Update

South (Washington) County

Q4 2025

Residential Property Snapshot

Single Family Homes & Condos | Q4 2025
Med. Sales Price
$650k
3% more than in
Q4 2024
Avg. Days On Market
46
10% more than in
Q4 2024
Closed Sales
309
9% fewer than in
Q4 2024
Inventory
172
22% more than in
Q4 2024
Closed
New
Inventory

Closed Sales by Price

  • Single Family Homes
  • Condos
 |  Q4 2025
Closed Sales by Price — underlying data
Closed Under $1m83.5%
Q4 '25258
Q4 '24283
1YR CHANGE-9%
Closed $1m - $2m13.6%
Q4 '2542
Q4 '2447
1YR CHANGE-11%
Closed $2m - $3m1.9%
Q4 '256
Q4 '245
1YR CHANGE+20%
Closed Over $3m1.0%
Q4 '253
Q4 '245
1YR CHANGE-40%
By Year
By Price

Market Data by Year

  • Single Family Homes
  • Condos

 |  Q4 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
22%
New Listings
New Listings represents the number of properties listed during the quarter.
19%
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.
34%
Closed Sales
-9%
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.
10%

5 Communities

Communities

Narragansett

Median
$799k
DOM
39
Sales
41
Inv
27

North Kingstown

Median
$590k
DOM
44
Sales
63
Inv
36

Richmond

Median
$581k
DOM
32
Sales
20
Inv
15

South Kingstown

Median
$773k
DOM
46
Sales
54
Inv
33

Westerly

Median
$550k
DOM
44
Sales
48
Inv
15

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 Dec 31, 2025 end of day. This report was last updated Jan 5, 2026.

©2025 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.