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 Nov 27 2021
This week the median list price for Bristol, RI 02809 is $574,950 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Bristol, RI 02809

Sat Nov 27 2021
This week the median list price for Bristol, RI 02809 is $574,950 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 12. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Bristol market.
Median List Price $574,950
Median Price of New Listings $389,900
Per Square Foot $318
Average Days on Market 183
Median Days on Market 46
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent $2,500
Market Action 58
Strong Seller's Market

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
$3,650,000 7,256 1 - 2.5 acres 6 5.5 3 0 0 28
$649,900 4,000 0.5 - 1 acre 4 2.5 24 0 1 56
$525,000 1,325 0.25 - 0.5 acre 4 2 56 0 0 21
$344,900 1,499 8,000 - 10,000 sqft 3 1 71 1 1 91