December 7, 2022

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Newport-area homes for sale rise to $862,500 median price

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A typical Newport County dwelling listed for $862,500 in June, up 1.2% from the prior month’s $852,450, an assessment of data from Real estate exhibits.

The median listing house price tag in June was up about 8.9% from June 2021. Newport County’s median residence was 2,040 sq. feet for a stated price tag of $499 for each sq. foot.

The Newport County sector was chaotic, with a median 41 days on marketplace. A thirty day period previously, homes had a median 37 times on sector. The sector added 128 new household listings in June, as opposed with the 184 included in June 2021. The marketplace ended the thirty day period with some 187 listings of residences for sale.

95 East Terrace, Portsmouth, was among the homes sold in Newport County in June.

The median household price ranges issued by may possibly exclude a lot, or even most, of a market’s residences. The price and quantity depict only houses that are single-loved ones houses, condominums or townhomes. They consist of present households, but exclude most new design as properly as pending and contingent product sales.

Data on your regional housing market is available by the United states of america Now Network, with extra information from Real estate | Newsphere by AF themes.