Why the latest pace gives you a better read on your next step.
Timing matters when you are looking at Exeter, RI, because a home can feel available one week and different the next. Last month, a typical sale took 26 days, so I would treat speed as part of the decision, not just price.
A typical sale took 26 days last month, and that tells me the market still rewards buyers who are prepared. I would not assume there will be endless room to think once a good property appears.
The median sold price of $675,000 gives the decision more context. In Exeter, RI, I would use it to judge whether a home is priced in line with recent closings or asking for more than the market has been rewarding.
Get your financing and decision range set first. Watch the homes that match your target. And compare each opportunity against the recent closed level before you commit.
