Residential Properties Finished 2022 With More Than $1 Billion in Sales — Third Consecutive Year

Sunday, January 15, 2023

GoLocalProv and Residential Properties Content Partnership

Residential Properties finished 2022 as the only company in Rhode Island to reach $1 billion in sales.

According to the company, it accomplished the feat for a third consecutive year during 2022, finishing with $1,181,312,871 in sales - 53.9% more than the next closest competitor. 

The company has now led the state in overall sales volume every year since Statewide MLS began recording accurate records back in 2004. Residential Properties also had three offices rank among the top 25 in the state for overall sales volume, including RPL's Providence office, which ranked #1 in Rhode Island. In addition to its local accolades, RPL has also earned national recognition, annually being ranked on both REAL Trends’ and RIS Media’s lists of the top 500 most successful real estate companies in the entire country. 

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Leading the state in sales 

“2022 was RPL’s 41st year of proudly serving Rhode Island and our surrounding communities,” RPL President and CEO Sally Lapides noted. “We congratulate our teams of real estate professionals who continue to inspire and amaze year after year. RPL also successfully enhanced its operations as a company this past year by broadening our education programs for agents, increasing our corporate clients through the tireless efforts of our Relocation department, finding new and better spaces for our Newport and South County offices, and hiring a Chief Strategy Officer to join our Executive Team.” 

 

Tops in transactions 

Residential Properties led the state in total homes sold for a second consecutive year, now finishing #1 in Rhode Island for total homes sold in seven of the past eight years. 

The company also led all companies in luxury home sales, recording a total of 221 sales over $1 million during 2022. Sales Associate Jim DeRentis was recognized as the #1 Individual Agent in the state for both homes sold and total sales volume. 

Residential Properties' highlights include:  

Highest Providence Sale Ever: 66 Power Street - Providence, RI ($5,500,000)  
Listing Agent: Jim DeRentis  
 
Highest Cranston Sale Ever: 52 Fort Avenue - Cranston, RI ($2,950,000) 
RPL represented both the buyer and seller. 
Listing Agent: Michael J Sweeney of Greene | Sweeney 
 
Highest No. Kingstown Multi-Family Sale Ever: 126 134 Willett Rd - No. Kingstown, RI ($2,565,000) 
Listing Agent: Dana Zangari 
 
Highest Scituate Sale Ever: 512 Seven Mile Road - Scituate, RI ($1,800,000) 
Buyer's Agent: Beth DeSista 
 
Highest Barrington Multi-Family Sale Ever: 404 County Rd - Barrington, RI ($1,100,000) 
 
Highest RI Commercial Sale of the Year: 101 Hillside Ave - Providence, RI ($5,000,000) 
Listing Agent & Buyer's Agent: Scott Veloso of the Bessette Veloso Group 
 
Highest East Bay Sale of the Year: 35 Fessenden Rd - Barrington, RI ($4,750,000)  
RPL represented both the buyer and seller.  
  
Highest Warren Sale of the Year: 10 Stonegate Road - Warren, RI. ($1,895,000)  
Listing Agent: Alicia Reynolds  
 
Highest Providence Multi-Family Sale of the Year: 103 Prospect St - Providence, RI ($2,100,000)   
Listing Agent: Michael J Sweeney of Greene | Sweeney 
 
Highest Providence Condominium Sale of the Year: 200 Exchange St, #PH11 - Providence, RI ($1,700,000)  
Buyer's Agent: Rachael Dotson  
 
2022 HGTV Ultimate House Hunt Finalist: 111 Harrison Avenue, #MH8 -  Newport, RI 
Listing Agent & Buyer's Agent: Pawler Garrahan

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