I would look at pace and competition before making the call.
If you are asking whether this is a good time to buy, my answer is that it depends on how ready you are. Last month, buyers were still paying 99.9% of asking, so the homes that fit well are not sitting around waiting.
Last month, buyers paid 99.9% of asking on the homes that closed. In Narragansett, RI, that tells me the best opportunities still reward buyers who are prepared, decisive, and clear on their limits. I would also factor in the 31-day typical sale timeline. It is a reminder that the market is moving, but not in a way that leaves much room for hesitation when a good property appears. Get your range settled early. Move quickly when the fit is right. Keep the process clean and focused.
About Hilary Marshall
Hilary Marshall is a licensed Real Estate Professional affiliated with REMAX, specializing in the Narragansett market. With a focus on strategic marketing and deep local knowledge, Hilary Marshall provides clients with expert guidance in navigating complex real estate transactions. View full profile →
