Sat Sep 19 2020
This week the median list price for Middletown, RI 02842 is $849,999 with the market action index hovering around 52. This is an increase over last month's market action index of 45. Inventory has held steady at or around 19.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$849,999|
|Per Square Foot||$301|
|Days on Market||127|
|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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,347,500||6,241||1 - 2.5 acres||6||6||97||1||1||166|
|$1,295,000||2,268||1 - 2.5 acres||4||2||44||1||1||246|
|$574,900||2,369||0.25 - 0.5 acre||4||2||31||1||2||99|
|$399,000||1,665||0.25 - 0.5 acre||3||1||55||2||3||4|