This Week's Real Estate Market Report

Jamestown, RI 02835

Single-Family Homes

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



Jamestown, RI 02835

Thu Apr 02 2020
This week the median list price for Jamestown, RI 02835 is $1,394,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 27. Click here to stay informed with the Jamestown market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Jamestown, RI 02835

Thu Apr 02 2020
This week the median list price for Jamestown, RI 02835 is $1,394,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 27. Click here to stay informed with the Jamestown market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $1,394,500
Per Square Foot $520
Days on Market 247
Price Decreased 19%
Price Increased 4%
Relisted 19%
Inventory 27
Median Rent $1,800
Most Expensive $6,850,000
Least Expensive $475,000
Market Action 39
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$5,122,500 5,921 2.5 - 5 acres 4 4 25 0 0 520
$1,899,900 2,296 1 - 2.5 acres 3 2 60 0 0 226
$799,900 2,132 0.5 - 1 acre 3 2 26 2 0 147
$559,000 1,675 0.25 - 0.5 acre 2 1 13 1 3 133