This Week's Real Estate Market Report

Little Compton, RI 02837

Single-Family Homes

The Hogan Associates Real Estate Team | 401-924-1774 | info@hoganassociatesre.com



Little Compton, RI 02837

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $712,000
Per Square Foot $358
Days on Market 122
Price Decreased 36%
Price Increased 0%
Relisted 24%
Inventory 42
Median House Rent
Most Expensive $9,250,000
Least Expensive $226,000
Market Action Index
Slight Buyer's Advantage
22

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
$2,175,000 3,283 2.5 - 5 acres 4 3 53 0 0 125
$1,049,999 2,992 1 - 2.5 acres 3 2 60 0 3 131
$615,000 2,417 1 - 2.5 acres 3 2 23 0 0 110
$450,000 1,700 1 - 2.5 acres 3 2 44 2 1 122