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Lila Delman Real Estate Announces Significant Sale in Middletown, RI

Mayfair International Realty members Lila Delman Real Estate announced the sale today of372 Indian Avenue, Middletown, Rhode Island for $3,592,500. This is the third highest sale in Middletown this year and the highest non-waterfront sale in Middletown year to date according to the Rhode Island Statewide Multiple Listing Service.

Lila Delman Real Estate Jamestown Sales Associate, Michael Dupre and Newport Broker Associate Annie Becker represented the seller and Lori Joyal, also a Broker Associate with Lila Delman Real Estate Watch Hill, represented the buye

Melanie Delman, President of Lila Delman Real Estate, commented on the recent sale, “The sale of 372 Indian Avenue, as well as our recent sales of 553 Tuckerman Avenue, Middletown for $6,500,000 and 90 Malbone Road, Newport for $1,600,000, are indicators that the Rhode Island luxury market is experiencing a resurgence. During the first quarter of this year, there has been an increase in the number of Rhode Island luxury properties sold. We look forward to a continuation of this robust spring season."

For more information please visit LilaDelman.com.