Lila Delman Real Estate announced the sale today of 553 Tuckerman Avenue, Middletown, Rhode Island, listed at $6,500,000. This is the highest sale in Middletown in the last twenty-four months and the second highest sale in Newport County year to date according to the Rhode Island Statewide Multiple Listing Service. Lila Delman Real Estate Sales Associate, Elena Wilcox represented the seller and Kimberly Doherty, also a Sales Associate with Lila Delman Real Estate, represented the buyer.
Melanie Delman, President of Lila Delman Real Estate, commented on the recent sale, “The sale of 553 Tuckerman Avenue is an encouraging sign that the Rhode Island luxury market is moving in the right direction. At Lila Delman Real Estate we have had the pleasure of participating in a number of high-end sales this year, including 452 Bellevue Avenue in Newport, which we sold twice in the last 12 months. Given the data on pending luxury sales, we anticipate continued growth for this segment in 2014.
About Lila Delman Real Estate
Lila Delman founded the company’s original office in Narragansett nearly 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.