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 Jul 06 2022
This week the median list price for Bristol, RI 02809 is $625,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 17. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Bristol, RI 02809

Wed Jul 06 2022
This week the median list price for Bristol, RI 02809 is $625,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has increased to 17. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $625,000
Median Price of New Listings $602,000
Per Square Foot $363
Average Days on Market 49
Median Days on Market 14
Price Decreased 35%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 78
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$5,199,500 5,133 1 - 2.5 acres 6 6 59 2 0 10
$1,087,500 3,378 0.25 - 0.5 acre 4 2.3 52 1 0 73
$567,000 1,919 0.25 - 0.5 acre 3 2 44 3 2 31
$439,900 1,255 4,500 - 6,500 sqft 3 2 84 2 0 7