This Week's Real Estate Market Report

Newport, RI

Single-Family Homes

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



Newport, RI

Sat Sep 19 2020
This week the median list price for Newport, RI is $1,089,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 59. Click here to stay informed with the Newport market!

Market Action Index

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

Slight Seller's Advantage

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.

Newport, RI

Sat Sep 19 2020
This week the median list price for Newport, RI is $1,089,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 59. Click here to stay informed with the Newport market!

Market Action Index

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

Slight Seller's Advantage

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 Newport market.
Median List Price $1,089,000
Per Square Foot $453
Days on Market 168
Price Decreased 24%
Price Increased 2%
Relisted 10%
Inventory 59
Median Rent
Most Expensive $37,000,000
Least Expensive $374,900
Market Action 41
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.