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

Sat Sep 19 2020
This week the median list price for Tiverton, RI 02878 is $575,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 35. 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.

Strong Seller's Market

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

Sat Sep 19 2020
This week the median list price for Tiverton, RI 02878 is $575,000 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 35. 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.

Strong Seller's Market

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 $575,000
Per Square Foot $259
Days on Market 163
Price Decreased 26%
Price Increased 0%
Relisted 20%
Inventory 35
Median Rent $2,000
Most Expensive $2,950,000
Least Expensive $201,000
Market Action 47
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,397,000 4,627 2.5 - 5 acres 4 3 123 0 0 389
$679,900 2,636 0.5 - 1 acre 3 2 30 2 2 115
$469,900 1,972 0.5 - 1 acre 3 2 41 5 1 78
$299,900 1,296 0.25 - 0.5 acre 3 1 74 3 4 93