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

Thu Aug 06 2020
This week the median list price for Little Compton, RI 02837 is $1,579,500 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 23. 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 Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Little Compton, RI 02837

Thu Aug 06 2020
This week the median list price for Little Compton, RI 02837 is $1,579,500 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 23. 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 Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Little Compton market.
Median List Price $1,579,500
Per Square Foot $434
Days on Market 119
Price Decreased 26%
Price Increased 0%
Relisted 26%
Inventory 23
Median Rent
Most Expensive $8,500,000
Least Expensive $534,500
Market Action 32
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$5,900,000 5,001 5 - 10 acres 4 4 81 0 0 88
$2,875,000 2,768 2.5 - 5 acres 4 3 86 0 0 136
$1,327,500 2,694 2.5 - 5 acres 3 2 4 0 0 81
$734,500 2,378 0.25 - 0.5 acre 3 2 37 0 0 165