Single-Family Homes
Tue Mar 19 2024
This week the median list price for Bristol, RI 02809 is $585,000 with the market action index hovering around 62. This is an increase over last month's market action index of 60. Inventory has held steady at or around 9.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $585,000 | |
Median Price of New Listings | $549,000 | |
Per Square Foot | $339 | |
Average Days on Market | 110 | |
Median Days on Market | 21 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 22% | |
Inventory | 9 | |
Median Rent | ||
Market Action | 62 | |
Strong Seller's Market |
Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$4,875,000 | 9,049 | 5 - 10 acres | 6 | 7 | 48 | 0 | 0 | 448 |
$942,500 | 3,122 | 0.25 - 0.5 acre | 5 | 3.8 | 36 | 0 | 0 | 21 |
$575,000 | 1,646 | 8,000 - 10,000 sqft | 3 | 1.8 | 72 | 1 | 0 | 10 |
$549,000 | 1,791 | 6,500 - 8,000 sqft | 3 | 1.5 | 66 | 2 | 1 | 7 |