PROVIDENCE, RI – January 20th, 2023 – Compass is pleased to announce that today’s sale of 77 South Angell Street, Unit 101, marks the highest condominium sale in the history of the East Side of Providence.* The spacious apartment sited in the heart of Wayland Square closed for $1,645,000. Compass Sales Associates participated in both sides of this record transaction, with Kevin Fox representing the seller and Kira Greene representing the buyer.
The property was under contract after just seven days on the market, which is 21 days fewer than the 2022 market average for condominiums on the East Side.** Kevin Fox has closed more units at 77 South Angell than any other sales associate.***
“77 South Angell is a rarity in the Providence real estate market due to its convenient location and one-of-a-kind design,” stated Kevin Fox. “Having sold all eleven units when construction completed in 2008, and many units a second time since then, it is clear to me that the investment value in boutique condominiums in centrally located urban areas is still strong going into 2023”.
“The demand for accessible, single-level condo living is very high, particularly on the East Side. Buyers who are downsizing want a walkable neighborhood and proximity to arts, entertainment, and restaurants,” commented Kira Greene. “After a long search, it was truly gratifying to be able to help my clients locate their perfect spot just a block away from Wayland Square.”
77 South Angell is a sophisticated building with eleven custom-designed and light-filled units. Unit 101 is a single-level apartment with direct elevator access, two bedrooms, two-and-one-half bathrooms, and two parking spaces in the heated garage. Brazilian cherry floors, nine-foot ceilings, window shutters, crown molding, and wood trim are just some of the high-end finishes throughout the interior. Walls of windows in the living room flood the space with natural light. The kitchen and dining area offer access to a private 600 square foot patio — perfect for alfresco dining. Whole Foods and Wayland Square’s many shops, restaurants, and cafes are a short distance from the building.
2022 marked a banner year for Compass agents in New England. In 2022, Compass agents represented over $1B in Rhode Island real estate transactions alone.****
About Compass
Compass, a Fortune 500 company, is the number one residential real estate brokerage in the United States based on 2021 sales volume.† Founded in 2012 and headquartered in New York City, the technology-enabled brokerage provides an end-to-end platform that empowers its real estate agents to deliver exceptional service to seller and buyer clients alike. Today, the company is home to over 28,000 agents in more than 350 cities across the United States. With the launch of its Providence Office, Compass looks forward to working with new and existing clients in 2023.
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only.
*Closing price and top sale information is based on information from the Rhode Island Statewide MLS for the period of 1.1.93 – 1.19.23 for 02906 zip code. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.
**Days on market analysis is based on information from the Rhode Island Statewide MLS for the period of 1.1.22 – 1.19.23. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.
***Number of units sold is based on information from the Rhode Island Statewide MLS for the period of 1.1.08 – 1.19.23. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.
****Data is based on sales volume of real estate transactions, and top RI Sales, closed between 1.1.22 – 12.31.22 in the Rhode Island State-Wide Multiple Listing Service. Sales volume for Compass in Rhode Island includes Lila Delman Compass, Randall Realtors Compass, and Compass brokerages. Non MLS sales included in the $1B+ figure.
†T. Velt, “RealTrends 500: The Rise of Compass,” RealTrends, Online, HW Media, 3/25/2022, https://www.realtrends.com/realtrends-500-the-rise-of-compass/.