Mon Mar 01 2021
This week the median list price for Little Compton, RI 02837 is $1,447,250 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 14.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,447,250|
|Per Square Foot||$417|
|Days on Market||144|
|Slight Seller's Advantage|
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$7,849,999||5,648||1 - 2.5 acres||3||2||5||0||0||119|
|$2,550,000||2,294||2.5 - 5 acres||4||2||56||1||0||301|
|$1,292,500||2,769||1 - 2.5 acres||3||3||40||1||0||94|
|$429,000||1,294||1 - 2.5 acres||3||1||71||0||1||31|