Lila Delman Real Estate announced the sale today of 372 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 buyer.
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.”
ABOUT LILA DELMAN REAL ESTATE
Lila Delman founded the company’s original office in Narragansett 50 years ago. Since then, Lila Delman Real Estate has grown to include 6 strategically located offices, over 90 associates, a marketing department that creatively uses online social media, and an award winning website. Utilizing international marketing partners such as Christie’s International Real Estate, Mayfair International Realty and Luxury Portfolio, the firm is consistently a frontrunner in the luxury market. For more information please visit LilaDelman.com.