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

Tue May 18 2021
This week the median list price for Bristol, RI 02809 is $542,000 with the market action index hovering around 60. This is less than last month's market action index of 69. Inventory has increased to 16. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Bristol, RI 02809

Tue May 18 2021
This week the median list price for Bristol, RI 02809 is $542,000 with the market action index hovering around 60. This is less than last month's market action index of 69. Inventory has increased to 16. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $542,000
Median Price of New Listings $475,000
Per Square Foot $327
Average Days on Market 125
Median Days on Market 21
Price Decreased 19%
Price Increased 0%
Relisted 19%
Inventory 16
Median Rent $2,950
Market Action 60
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$2,850,000 5,193 2.5 - 5 acres 4 4 13 0 0 45
$689,450 2,233 0.25 - 0.5 acre 3 2 77 1 0 63
$486,600 1,593 8,000 - 10,000 sqft 3 2 0 1 0 21
$367,400 1,441 6,500 - 8,000 sqft 3 1 76 1 1 14