This Week's Real Estate Market Report

Charlestown, RI 02813

Single-Family Homes

The Hogan Associates Real Estate Team | 401-924-1774 | info@hoganassociatesre.com



Charlestown, RI 02813

Tue May 21 2019
This week the median list price for Charlestown, RI 02813 is $549,900 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has held steady at or around 49. Click here to stay informed with the Charlestown market!

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

Tue May 21 2019
This week the median list price for Charlestown, RI 02813 is $549,900 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has held steady at or around 49. Click here to stay informed with the Charlestown market!

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 $318
Days on Market 155
Price Decreased 18%
Price Increased 0%
Relisted 14%
Inventory 49
Median House Rent $475
Most Expensive $3,500,000
Least Expensive $249,900
Market Action Index
Slight Seller's Advantage
37

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
$1,395,000 2,090 0.5 - 1 acre 3 2 40 3 2 179
$707,400 1,791 0.25 - 0.5 acre 3 2 21 0 0 211
$502,450 1,738 0.5 - 1 acre 3 2 35 1 1 193
$369,000 1,392 1 - 2.5 acres 3 2 33 3 2 46