This Monthly Providence MF real estate market report summarizes recent sales and listing activity using MLS-recorded transaction data from riar.

Metrics are derived directly from recorded listing and sales activity during the period and include measures of transaction volume, pricing trends, time on market, and buyer competition. The narrative is generated systematically from underlying data to provide a consistent, objective view of current market conditions.

Compared with the same month last year, pricing conditions in July 2026 were generally stable.

Sales activity strengthened at 40 multi-family listings sold, 53.8% higher than 26.

The median sale price was $724,500, up 11.7% from $648,500.

Homes spent a median of 63 days on market, up 6.8% from 59 days.

23% of homes sold above asking price, down from 31%, suggesting easing buyer competition.

Looking at month-to-month momentum, conditions shifted from the prior period.

Sales activity decreased 31.0% from June 2026, moving from 58 listings.

Home prices increased 8.1%, up from $670,000.

Sellers saw little change in time on market, holding near 63 days.

Buyer competition eased, with fewer homes selling above asking compared to the prior period.

A notable development this period: median sale prices reached their highest level on record.

Over the past 3 months, median sale prices for multi-family properties have trended higher.