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

Sat Dec 07 2019
This week the median list price for Charlestown, RI 02813 is $544,250 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has held steady at or around 42. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Charlestown, RI 02813

Sat Dec 07 2019
This week the median list price for Charlestown, RI 02813 is $544,250 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has held steady at or around 42. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Charlestown market.
Median List Price $544,250
Per Square Foot $284
Days on Market 145
Price Decreased 26%
Price Increased 0%
Relisted 24%
Inventory 42
Median Rent $800
Most Expensive $2,650,000
Least Expensive $49,000
Market Action 29
Slight Buyer's Advantage

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
$1,424,500 2,621 0.5 - 1 acre 3 3 38 1 1 144
$592,000 2,093 0.5 - 1 acre 3 2 40 0 0 88
$489,900 1,825 1 - 2.5 acres 3 2 28 0 1 280
$315,000 1,428 1 - 2.5 acres 3 1 31 2 0 61