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

Tue Oct 19 2021
This week the median list price for Bristol, RI is $1,100,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 4. 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 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

Tue Oct 19 2021
This week the median list price for Bristol, RI is $1,100,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 4. 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 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 $1,100,000
Median Price of New Listings $197,000
Per Square Foot $441
Average Days on Market 93
Median Days on Market 70
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $1,200
Market Action 51
Strong Seller's Market

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
$4,300,000 5,370 - 3 3 16 0 0 231
$1,150,000 2,489 - 3 2 120 0 0 70
$1,050,000 2,489 - 3 2 120 0 0 70
$197,000 902 - 2 1 41 1 1 0