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

Mon Jan 17 2022
This week the median list price for Little Compton, RI 02837 is $885,000 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has decreased to 5. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Little Compton, RI 02837

Mon Jan 17 2022
This week the median list price for Little Compton, RI 02837 is $885,000 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has decreased to 5. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Little Compton market.
Median List Price $885,000
Median Price of New Listings $0
Per Square Foot $445
Average Days on Market 200
Median Days on Market 77
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent $2,850
Market Action 47
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$3,995,000 8,972 1 - 2.5 acres 6 6.5 20 0 0 749
$989,900 2,494 1 - 2.5 acres 3 2.5 20 0 1 21
$885,000 1,040 10 - 20 acres 2 1 35 0 0 77
$767,000 1,626 1 - 2.5 acres 3 2 37 0 1 77