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

Sun Aug 18 2019
This week the median list price for Tiverton, RI 02878 is $404,900 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 88. Click here to stay informed with the Tiverton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Tiverton, RI 02878

Sun Aug 18 2019
This week the median list price for Tiverton, RI 02878 is $404,900 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 88. Click here to stay informed with the Tiverton market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Tiverton market.
Median List Price $404,900
Per Square Foot $224
Days on Market 172
Price Decreased 44%
Price Increased 2%
Relisted 35%
Inventory 88
Median House Rent $900
Most Expensive $2,999,000
Least Expensive $87,000
Market Action Index
Slight Buyer's Advantage
29

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
$1,099,500 3,468 1 - 2.5 acres 4 3 51 1 0 240
$509,500 2,648 1 - 2.5 acres 3 2 32 1 1 233
$364,200 1,783 0.25 - 0.5 acre 3 2 55 0 1 99
$267,500 1,233 0.25 - 0.5 acre 3 1 59 7 3 116