This Monthly Providence SF 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 August 2026 were mixed.

Sales activity cooled at 54 single-family listings sold, 11.5% lower than 61.

The median sale price was $468,750, down 6.3% from $500,000.

Homes spent a median of 54 days on market, down 17.7% from 65 days.

19% of homes sold above asking price, down from 41%, suggesting easing buyer competition.

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

Sales activity increased 10.2% from July 2026, moving from 49 listings.

Home prices declined 6.3%, down from $500,000.

Sellers found buyers more quickly, with time on market down 7.8% from 58 days.

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