Custom Rhode Island 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 17 2019
This week the median list price for Jamestown, RI 02835 is $735,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 42. Click here to stay informed with the Jamestown 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Jamestown, RI 02835

Thu Jan 17 2019
This week the median list price for Jamestown, RI 02835 is $735,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 42. Click here to stay informed with the Jamestown 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $735,000
Per Square Foot $403
Days on Market 230
Price Decreased 31%
Price Increased 0%
Relisted 7%
Inventory 42
Median House Rent $2,500
Most Expensive $8,250,000
Least Expensive $399,000
Market Action Index
Slight Buyer's Advantage
25

We continue to see prices in this zip code bouncing around this plateau. 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
$5,672,500 5,800 2.5 - 5 acres 4 5 23 0 1 447
$1,294,750 2,928 0.5 - 1 acre 3 2 20 0 1 235
$625,000 2,368 0.5 - 1 acre 3 2 38 0 2 151
$459,900 1,166 0.25 - 0.5 acre 3 1 43 0 1 109