On a year-over-year basis, pricing conditions in Q3 2026 were generally stable compared to 2025.

Sales activity strengthened at 133 multi-family listings sold, 49.4% higher than 89.

The median sale price was $700,000, up 13.8% from $615,000.

Homes spent a median of 67 days on market, up 12.7% from 59 days.

28% of homes sold above asking price, down from 34%, suggesting easing buyer competition.

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

Sales activity decreased 9.5% from Q2 2026, moving from 147 listings.

Home prices increased 3.7%, up from $675,000.

Sellers faced longer selling timelines, with time on market up 7.3% from 62 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 5 quarters, median sale prices for multi-family properties have trended higher.

This Quarterly Providence MF report was prepared by Greenlit Solutions Inc. under the GreenlitRES platform, using MLS-recorded transaction data 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.