This Week's Real Estate Market Report

Tiverton, RI 02878

Single-Family Homes

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



Tiverton, RI 02878

Thu Apr 02 2020
This week the median list price for Tiverton, RI 02878 is $489,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 48. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Tiverton, RI 02878

Thu Apr 02 2020
This week the median list price for Tiverton, RI 02878 is $489,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 48. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $489,000
Per Square Foot $233
Days on Market 262
Price Decreased 31%
Price Increased 4%
Relisted 35%
Inventory 48
Median Rent $1,800
Most Expensive $2,995,000
Least Expensive $107,000
Market Action 30
Slight Seller's Advantage

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
$1,219,750 2,630 2.5 - 5 acres 4 2 62 2 2 419
$592,000 2,401 1 - 2.5 acres 3 2 37 1 2 361
$399,500 1,969 1 - 2.5 acres 3 2 47 1 4 142
$260,000 1,339 0.25 - 0.5 acre 3 1 65 2 6 124