This Week's Real Estate Market Report

Tiverton, RI 02878

Single-Family Homes

The Hogan Associates Real Estate Team | 401-924-1774 | info@hoganassociatesre.com



Tiverton, RI 02878

Fri Sep 20 2019
This week the median list price for Tiverton, RI 02878 is $449,900 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 77. Click here to stay informed with the Tiverton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tiverton, RI 02878

Fri Sep 20 2019
This week the median list price for Tiverton, RI 02878 is $449,900 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 77. Click here to stay informed with the Tiverton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $449,900
Per Square Foot $221
Days on Market 172
Price Decreased 45%
Price Increased 1%
Relisted 35%
Inventory 77
Median House Rent $1,750
Most Expensive $2,999,000
Least Expensive $78,300
Market Action Index
Slight Seller's Advantage
32

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
$975,000 3,829 2.5 - 5 acres 4 3 48 0 1 271
$559,000 2,856 1 - 2.5 acres 3 2 28 4 0 212
$385,000 1,976 0.5 - 1 acre 3 2 48 3 4 112
$262,500 1,245 0.25 - 0.5 acre 3 1 62 3 5 97