This Week's Real Estate Market Report

Little Compton, RI 02837

Single-Family Homes

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



Little Compton, RI 02837

Wed Nov 13 2019
This week the median list price for Little Compton, RI 02837 is $725,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 33. Click here to stay informed with the Little Compton market!

Market Action Index

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

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Little Compton, RI 02837

Wed Nov 13 2019
This week the median list price for Little Compton, RI 02837 is $725,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 33. Click here to stay informed with the Little Compton market!

Market Action Index

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

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Little Compton market.
Median List Price $725,000
Per Square Foot $344
Days on Market 193
Price Decreased 27%
Price Increased 0%
Relisted 27%
Inventory 33
Median House Rent
Most Expensive $8,200,000
Least Expensive $369,000
Market Action Index
Slight Buyer's Advantage
29

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
$2,175,000 3,494 5 - 10 acres 4 4 52 0 0 249
$912,499 2,563 2.5 - 5 acres 3 2 35 1 0 126
$662,500 2,171 1 - 2.5 acres 3 2 56 0 0 252
$475,000 2,054 2.5 - 5 acres 3 2 35 0 0 148