Condo Market Newport

Bristol, RI 02809

Single-Family Homes

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



Bristol, RI 02809

Wed Mar 20 2019
This week the median list price for Bristol, RI 02809 is $419,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 39. Click here to stay informed with the Bristol market!

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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Bristol, RI 02809

Wed Mar 20 2019
This week the median list price for Bristol, RI 02809 is $419,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 39. Click here to stay informed with the Bristol market!

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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $419,000
Per Square Foot $249
Days on Market 178
Price Decreased 33%
Price Increased 0%
Relisted 23%
Inventory 39
Median House Rent
Most Expensive $8,500,000
Least Expensive $219,900
Market Action Index
Slight Seller's Advantage
30

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
$2,764,000 5,580 2.5 - 5 acres 5 5 22 0 0 378
$487,500 2,250 0.25 - 0.5 acre 3 2 25 2 2 95
$374,000 1,570 0.25 - 0.5 acre 3 1 56 0 0 126
$318,750 1,302 6,500 - 8,000 sqft 3 1 64 1 0 133