Market Conditions for Providence, Rhode Island Reported by Steve Gillikin, REALTOR, GRI, CRS, CRP, ABR and E-Pro Updated March 9, 2009.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 1 1 2 3 4 5 Falling Rising

Providence is a mixture of both single family homes and multi-family homes. In 2008 there were 508 single family homes sold with a median price of $128,122. This is $67,306 less than the median prices of single family homes in 2007. There were 788 multi-family homes sold in Providence in 2008 with a median price of $109, 361, this is $109,000 less than 2007's median prices.

ZIP Codes: 02905, 02906, 02907, 02908

Location Characteristics: Providence, known as the Renaissance City, is the capital of Rhode Island and is the largest city in the State. Providence is also one of the first cities established in the United States. This capital city is situated at the mouth of the Providence River and is home to 8 hospitals and 7 institutions of higher learning. The city is geographically compact with characteristics of an eastern seaboard developed prior to the use of automobiles. Downtown Providence is home to the Providence Place Mall, Westin Hotel, G Tech, Water Place Condos and Water Place Park. Providence is a diverse city with residents from various cultures and ethnicities.

For More Information:

• Visit My Web Site
  
• View My Newsletter
  
• Ask Me A Question
  

I am a licensed Broker in Rhode Island and Massachusetts. I've been a professional Realtor for over 28 years and I've been either the listing or selling agent in over 800 sales during that time.

I am a graduate of the Realtor Institute. There are only 105 out of close to 6,000 licensed agents and brokers in RI who earned the GRI designation. I am a Certified Residential Specialist. There are 145 agents who have earned their CRS designation. I am a Certified Relocation Professional. There are only a few dozen who have taken the courses to obtain this CRP designation. I am an Accredited Buyers Representative. There are about 350 agents that have the ABR designation. Finally, I have also obtained a E-Pro designation. This shows achievements in using a higher level of technology to serve my buyer and seller clients.

All of these designations are recognized by the National Association of Realtors. There are very few who have earned multiple designations. So far, I am the only agent in RI to have achieved all these levels of service.

I can help you in all aspects of real estate in RI and nearby Mass., whether selling, buying, building or investing.

Please call me or e mail me to answer any questions you may have. Thank you... Steve Gillikin