EG ranked most expensive market for 4-bedroom home

Posted 9/13/16

Coldwell Banker Real Estate's 2016 Home Listing Report, which ranks the affordability of nine real estate markets in Rhode Island names East Greenwich the most expensive market in the state, with an average listing price of $507,663, while Providence

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EG ranked most expensive market for 4-bedroom home

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Coldwell Banker Real Estate’s 2016 Home Listing Report, which ranks the affordability of nine real estate markets in Rhode Island names East Greenwich the most expensive market in the state, with an average listing price of $507,663, while Providence ranked as the most affordable market in the state, with an average listing price of $193,804.

The annual report is the most extensive home price comparison tool currently available in the United States, ranking the average listing price of four-bedroom, two bathroom homes in more than 2,000 markets. The Rhode Island average price for a four-bedroom home is $356,364. The Warwick average listing price is $328,120 according to the report. While other affordability reports provide average or median prices for all homes in a given area, the Coldwell Banker Home Listing Report analyzes more than 50,000 four-bedroom, two-bathroom home listings to better address how much a home in one market would cost if the same home were located somewhere else in the country.

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