This Week's Real Estate Market Report

Bristol, RI

Condos/Townhomes

The Hogan Associates Real Estate Team | 401-845-9500 | info@hoganassociatesre.com



Bristol, RI

Mon Nov 30 2020
This week the median list price for Bristol, RI is $764,000 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has held steady at or around 14. 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.

Slight Seller's Advantage

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

Mon Nov 30 2020
This week the median list price for Bristol, RI is $764,000 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has held steady at or around 14. 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.

Slight Seller's Advantage

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 $764,000
Per Square Foot $360
Days on Market 225
Price Decreased 36%
Price Increased 0%
Relisted 50%
Inventory 14
Median Rent $2,123
Most Expensive $1,295,000
Least Expensive $214,000
Market Action 31
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue 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
$1,275,000 1,998 - 2 2 16 1 1 32
$875,000 2,489 - 3 2 140 0 0 452
$759,000 1,765 - 2 2 14 1 0 171
$335,000 1,020 0 - 4,500 sqft 2 1 49 0 1 250