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 13 2019
This week the median list price for Bristol, RI 02809 is $449,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 50. 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.

Slight Seller's Advantage

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 13 2019
This week the median list price for Bristol, RI 02809 is $449,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 50. 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.

Slight Seller's Advantage

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 $449,000
Per Square Foot $235
Days on Market 137
Price Decreased 52%
Price Increased 4%
Relisted 36%
Inventory 50
Median House Rent
Most Expensive $8,500,000
Least Expensive $248,000
Market Action Index
Slight Seller's Advantage
32

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,287,500 3,577 0.5 - 1 acre 4 3 15 0 1 236
$499,450 1,935 0.25 - 0.5 acre 3 2 55 1 1 71
$359,900 1,954 0.25 - 0.5 acre 3 2 44 0 5 189
$289,900 1,241 6,500 - 8,000 sqft 3 1 57 3 2 54