Custom Rhode Island Market Report

Charlestown, RI 02813

Single-Family Homes

The Hogan Associates Real Estate Team | 401-845-9500 | info@hoganassociatesre.com



Charlestown, RI 02813

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Charlestown, RI 02813

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $549,900
Per Square Foot $302
Days on Market 225
Price Decreased 16%
Price Increased 0%
Relisted 14%
Inventory 43
Median House Rent $3,000
Most Expensive $4,250,000
Least Expensive $124,900
Market Action Index
Slight Seller's Advantage
37

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,850,000 2,211 0.5 - 1 acre 3 2 39 4 1 464
$674,900 1,965 1 - 2.5 acres 3 2 23 4 5 194
$439,000 1,560 1 - 2.5 acres 3 2 33 1 2 192
$324,000 1,468 1 - 2.5 acres 3 2 37 3 1 73