This Week's Real Estate Market Report

Charlestown, RI 02813

Single-Family Homes

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



Charlestown, RI 02813

Wed Oct 04 2023
This week the median list price for Charlestown, RI 02813 is $659,450 with the market action index hovering around 49. This is an increase over last month's market action index of 42. Inventory has decreased to 10. Click here to stay informed with the Charlestown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Charlestown, RI 02813

Wed Oct 04 2023
This week the median list price for Charlestown, RI 02813 is $659,450 with the market action index hovering around 49. This is an increase over last month's market action index of 42. Inventory has decreased to 10. Click here to stay informed with the Charlestown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $659,450
Median Price of New Listings $539,500
Per Square Foot $405
Average Days on Market 209
Median Days on Market 60
Price Decreased 40%
Price Increased 0%
Relisted 40%
Inventory 10
Median Rent
Market Action 49
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$3,124,500 3,427 0.5 - 1 acre 3 4 45 0 1 213
$1,599,500 2,623 10 - 20 acres 3 3.3 49 0 0 595
$659,000 1,332 0.25 - 0.5 acre 2 1 69 1 0 84
$499,900 1,989 1 - 2.5 acres 3 2.5 33 1 1 14