Thu Apr 02 2020
This week the median list price for Narragansett, RI 02882 is $719,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 55.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$719,000|
|Per Square Foot||$425|
|Days on Market||143|
|Slight Seller's Advantage|
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,595,000||3,634||1 - 2.5 acres||4||4||46||1||1||205|
|$854,000||2,188||0.25 - 0.5 acre||3||2||51||1||2||185|
|$649,450||1,823||0.25 - 0.5 acre||3||2||56||1||0||112|
|$449,850||954||6,500 - 8,000 sqft||2||1||48||4||2||73|