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 Jul 06 2022
This week the median list price for Charlestown, RI 02813 is $1,900,000 with the market action index hovering around 48. This is less than last month's market action index of 56. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Charlestown, RI 02813

Wed Jul 06 2022
This week the median list price for Charlestown, RI 02813 is $1,900,000 with the market action index hovering around 48. This is less than last month's market action index of 56. Inventory has increased to 15. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $1,900,000
Median Price of New Listings $1,475,000
Per Square Foot $910
Average Days on Market 85
Median Days on Market 42
Price Decreased 27%
Price Increased 7%
Relisted 13%
Inventory 15
Median Rent
Market Action 48
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$3,250,000 3,036 1 - 2.5 acres 3 3.5 34 1 0 147
$2,147,500 1,564 0.25 - 0.5 acre 2 2.5 55 1 0 38
$1,449,000 1,823 0.25 - 0.5 acre 3 2.3 47 1 0 14
$612,450 2,154 1 - 2.5 acres 3 2.5 35 1 1 45