Near-record December home sales cemented 2021 as the busiest year for
homebuying in the 14-year history of the RE/MAX National Housing Report, while also setting records for smallest inventory and highest average home prices. On an annual basis, 2021 finished with nearly 10% more home sales than the previous record year of 2020.
The Providence Metro area saw the 4th largest decrease in year over year inventory with a 62.1% drop in inventory from December of 2020 compared with December of 2021.