This Week's Real Estate Market Report

Bristol, RI 02809

Single-Family Homes

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



Bristol, RI 02809

Tue May 21 2019
This week the median list price for Bristol, RI 02809 is $399,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 55. 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

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.

Bristol, RI 02809

Tue May 21 2019
This week the median list price for Bristol, RI 02809 is $399,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 55. 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

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 Bristol market.
Median List Price $399,000
Per Square Foot $240
Days on Market 139
Price Decreased 27%
Price Increased 4%
Relisted 25%
Inventory 55
Median House Rent
Most Expensive $8,500,000
Least Expensive $120,000
Market Action Index
Slight Seller's Advantage
34

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. 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
$1,950,000 3,572 0.5 - 1 acre 4 3 19 1 1 280
$467,200 1,977 0.25 - 0.5 acre 3 2 39 7 2 54
$347,400 1,689 0.25 - 0.5 acre 3 2 59 1 1 134
$291,950 1,080 8,000 - 10,000 sqft 3 1 72 4 0 97