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

Sun Oct 06 2024
This week the median list price for Bristol, RI 02809 is $812,000 with the market action index hovering around 54. This is less than last month's market action index of 62. Inventory has increased to 20. 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.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Bristol, RI 02809

Sun Oct 06 2024
This week the median list price for Bristol, RI 02809 is $812,000 with the market action index hovering around 54. This is less than last month's market action index of 62. Inventory has increased to 20. 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.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $812,000
Median Price of New Listings $494,500
Per Square Foot $388
Average Days on Market 88
Median Days on Market 32
Price Decreased 35%
Price Increased 0%
Relisted 25%
Inventory 20
Median Rent
Market Action 54
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 in general 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
$4,999,000 4,148 2.5 - 5 acres 4 4 32 0 0 49
$989,000 2,964 4,500 - 6,500 sqft 4 3 37 0 0 70
$710,000 2,142 8,000 - 10,000 sqft 4 3 57 2 0 7
$485,000 1,080 6,500 - 8,000 sqft 3 2 70 2 2 7