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
Sun Jul 12 2020
This week the median list price for Bristol, RI is $624,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 25.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $624,000 | |
| Per Square Foot | $318 | |
| Days on Market | 174 | |
| Price Decreased | 20% | |
| Price Increased | 4% | |
| Relisted | 0% | |
| Inventory | 25 | |
| Median Rent | ||
| Most Expensive | $4,300,000 | |
| Least Expensive | $174,900 | |
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $1,087,500 | 2,556 | - | 2 | 2 | 15 | 0 | 0 | 341 |
| $862,000 | 2,399 | - | 2 | 2 | 119 | 0 | 0 | 201 |
| $457,450 | 1,717 | 1 - 2.5 acres | 2 | 2 | 38 | 0 | 1 | 101 |
| $187,500 | 924 | 4,500 - 6,500 sqft | 2 | 1 | 36 | 1 | 0 | 67 |