This Week's Real Estate Market Report

Narragansett, RI 02882

Single-Family Homes

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



Narragansett, RI 02882

Sat Sep 19 2020
This week the median list price for Narragansett, RI 02882 is $799,949 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 44. Click here to stay informed with the Narragansett market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Narragansett, RI 02882

Sat Sep 19 2020
This week the median list price for Narragansett, RI 02882 is $799,949 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 44. Click here to stay informed with the Narragansett market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Narragansett market.
Median List Price $799,949
Per Square Foot $456
Days on Market 107
Price Decreased 43%
Price Increased 2%
Relisted 16%
Inventory 44
Median Rent
Most Expensive $16,750,000
Least Expensive $359,900
Market Action 48
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$1,675,000 3,720 0.5 - 1 acre 4 3 30 0 0 149
$950,000 2,034 6,500 - 8,000 sqft 3 2 70 1 0 106
$699,999 1,904 0.25 - 0.5 acre 5 2 60 2 2 118
$479,000 1,106 8,000 - 10,000 sqft 4 2 34 4 1 52