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

Mon Jan 24 2022
This week the median list price for Charlestown, RI 02813 is $702,500 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has decreased to 6. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Charlestown, RI 02813

Mon Jan 24 2022
This week the median list price for Charlestown, RI 02813 is $702,500 with the market action index hovering around 58. This is an increase over last month's market action index of 54. Inventory has decreased to 6. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $702,500
Median Price of New Listings $745,000
Per Square Foot $362
Average Days on Market 151
Median Days on Market 88
Price Decreased 17%
Price Increased 17%
Relisted 33%
Inventory 6
Median Rent $1,900
Market Action 58
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$3,990,000 3,036 10 - 20 acres 3 5 4 0 0 546
$850,000 2,315 1 - 2.5 acres 3 2.5 0 0 2 14
$702,500 2,194 1 - 2.5 acres 3 2.5 3 1 1 94
$397,250 927 4,500 - 6,500 sqft 2 1.5 41 0 3 77