Sales of single-family homes in Rhode Island rose 7.5 percent in July from a year ago, while the median price rose almost 10 percent to $262,500.
The Rhode Island Association of Realtors said this week that sales activity slowed in the condominium market, which fell 6.6 percent from a year earlier, and in multifamily homes, which fell almost 10 percent.
The median price of condos also declined, by more than 5 percent, but the median sales price of multifamily properties grew more than 10 percent to $190,000.
The group says there are signs of a more tempered market in single-family homes heading into the fall.
There was a more than 13 percent decrease in the number of homes for sale.