This Week's Real Estate Market Report

Bristol, RI 02809

Single-Family Homes

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



Bristol, RI 02809

Wed Nov 25 2020
This week the median list price for Bristol, RI 02809 is $539,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 26. Click here to stay informed with the Bristol market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bristol, RI 02809

Wed Nov 25 2020
This week the median list price for Bristol, RI 02809 is $539,000 with the market action index hovering around 50. This is an increase over last month's market action index of 46. Inventory has held steady at or around 26. Click here to stay informed with the Bristol market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $539,000
Per Square Foot $286
Days on Market 151
Price Decreased 35%
Price Increased 4%
Relisted 15%
Inventory 26
Median Rent $1,800
Most Expensive $3,299,500
Least Expensive $160,000
Market Action 50
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,572,500 4,392 1 - 2.5 acres 5 4 44 0 0 155
$749,700 2,744 0.25 - 0.5 acre 4 2 14 0 2 80
$475,000 1,440 0.25 - 0.5 acre 3 2 120 4 3 167
$339,900 1,354 4,500 - 6,500 sqft 3 1 70 5 5 190