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

Sat Oct 16 2021
This week the median list price for Jamestown, RI 02835 is $912,000 with the market action index hovering around 40. This is an increase over last month's market action index of 35. Inventory has increased to 20. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Jamestown, RI 02835

Sat Oct 16 2021
This week the median list price for Jamestown, RI 02835 is $912,000 with the market action index hovering around 40. This is an increase over last month's market action index of 35. Inventory has increased to 20. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $912,000
Median Price of New Listings $1,299,000
Per Square Foot $504
Average Days on Market 72
Median Days on Market 46
Price Decreased 50%
Price Increased 0%
Relisted 10%
Inventory 20
Median Rent $2,800
Market Action 40
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,995,000 3,744 1 - 2.5 acres 4 3 36 0 0 77
$1,300,000 2,664 0.25 - 0.5 acre 4 3 76 3 1 0
$795,000 1,900 8,000 - 10,000 sqft 3 2 73 0 1 70
$589,900 1,422 6,500 - 8,000 sqft 2 1 42 0 2 35