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

Wed Apr 24 2024
This week the median list price for Bristol, RI is $567,250 with the market action index hovering around 34. This is less than last month's market action index of 43. Inventory has increased to 10. 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

Wed Apr 24 2024
This week the median list price for Bristol, RI is $567,250 with the market action index hovering around 34. This is less than last month's market action index of 43. Inventory has increased to 10. 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 $567,250
Median Price of New Listings $422,250
Per Square Foot $303
Average Days on Market 13
Median Days on Market 7
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 34
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$787,000 1,702 2.5 - 5 acres 2 2.3 81 0 0 35
$589,250 2,006 - 3 2.5 42 2 0 0
$555,000 1,240 N/A 2 2 50 0 0 7
$265,000 902 - 2 1 44 2 0 0