warren
Warren was settled in 1737 as part of the Town of Kent. In 1750 a separate ecclesiastical society called the Society of East Greenwich was established and a church was founded in 1756. In 1786 Warren was incorporated as a separate town.
For most of its history Warren has been an agricultural town and it still boasts working farms. The town has a Selectman/Town Meeting/Board of Finance government. The population as of the 2010 census is 1,461 with many second home residents adding to the count. Warren is part of Regional School District 6, with K-6 grades attending Warren Elementary School and 7-12 grades attending Wamogo Regional Middle/High School.
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LAST MONTH’S DATA COMPARED TO PREVIOUS TWO YEARS
The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.