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 Jan 23 2020
This week the median list price for Jamestown, RI 02835 is $770,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 18. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Jamestown, RI 02835

Thu Jan 23 2020
This week the median list price for Jamestown, RI 02835 is $770,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 18. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $770,000
Per Square Foot $456
Days on Market 290
Price Decreased 33%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent $2,500
Most Expensive $6,500,000
Least Expensive $449,000
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$3,245,000 4,287 2.5 - 5 acres 4 3 75 0 0 666
$1,562,500 2,576 0.25 - 0.5 acre 3 2 28 1 1 269
$639,000 2,234 0.5 - 1 acre 3 2 23 0 0 106
$529,999 1,684 0.25 - 0.5 acre 2 2 13 0 1 187