Newport County Sees Surge in Open Houses as Spring Market Heats up With 62 Listings This Weekend
Key Takeaways Newport County experiences a significant increase in open houses, with 62 scheduled for this weekend, highlighting the intensified competition. Despite an 8.1% drop in the median listing price, average home values are on the rise, demonstrating sustained demand in the market. Increasing interest rates contribute to a sense of urgency among buyers, with homes typically pending within 16 to 30 days. Real Estate Trends in Newport County Newport County sees an explosive surge with 62 open houses this weekend. This seasonal uptick attracts enthusiastic buyers to properties near iconic spots like the Cliff Walk, intensifying competition in an already heated market. The median listing price dropped by 8.1%, yet average home values continue to rise, indicating persistent demand. Rising interest rates further fuel buyer urgency, with homes quickly turning pending within 16 to 30 days. The stakes have never been higher. Discover the unfolding real estate dynamics. Spring Surge Fuel...