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
Sat Sep 19 2020
This week the median list price for Bristol, RI 02809 is $554,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 30.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $554,000 | |
| Per Square Foot | $257 | |
| Days on Market | 171 | |
| Price Decreased | 37% | |
| Price Increased | 3% | |
| Relisted | 20% | |
| Inventory | 30 | |
| Median Rent | ||
| Most Expensive | $5,750,000 | |
| Least Expensive | $208,000 | |
| Market Action | 47 | |
| Strong Seller's Market | ||
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,100,000 | 4,542 | 1 - 2.5 acres | 5 | 4 | 19 | 0 | 0 | 153 |
| $699,500 | 2,349 | 0.25 - 0.5 acre | 3 | 2 | 60 | 1 | 2 | 101 |
| $444,450 | 2,105 | 0.25 - 0.5 acre | 3 | 2 | 36 | 2 | 2 | 67 |
| $339,900 | 1,470 | 4,500 - 6,500 sqft | 3 | 1 | 69 | 4 | 3 | 350 |