Fri Dec 06 2019
This week the median list price for Tiverton, RI 02878 is $449,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has held steady at or around 61.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$449,000|
|Per Square Foot||$216|
|Days on Market||206|
|Slight Seller's Advantage|
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,149,500||3,829||1 - 2.5 acres||4||3||74||0||0||331|
|$530,000||2,737||1 - 2.5 acres||4||3||33||1||0||273|
|$399,000||1,982||0.5 - 1 acre||3||2||54||0||0||106|
|$267,450||1,153||0.25 - 0.5 acre||3||1||62||4||5||119|