Single-Family Homes
Sun Apr 27 2025
This week the median list price for Jamestown, RI 02835 is $1,525,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 10.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.
Median List Price | $1,525,000 | |
Median Price of New Listings | $987,000 | |
Per Square Foot | $852 | |
Average Days on Market | 76 | |
Median Days on Market | 28 | |
Price Decreased | 40% | |
Price Increased | 0% | |
Relisted | 10% | |
Inventory | 10 | |
Median Rent | ||
Market Action | 50 | |
Strong Seller's Market |
Despite this week’s down tic, price trends in this zip code have been moving up in the last few weeks. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$10,575,000 | 4,599 | 2.5 - 5 acres | 3 | 3 | 29 | 0 | 0 | 126 |
$2,999,500 | 2,586 | 0.5 - 1 acre | 3 | 3 | 98 | 0 | 0 | 112 |
$1,425,000 | 2,870 | 4,500 - 6,500 sqft | 3 | 2 | 37 | 1 | 0 | 28 |
$775,000 | 1,344 | 6,500 - 8,000 sqft | 2 | 1.5 | 43 | 1 | 0 | 28 |