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 Jul 31 2021
This week the median list price for Jamestown, RI 02835 is $1,725,000 with the market action index hovering around 38. This is less than last month's market action index of 44. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Jamestown, RI 02835

Sat Jul 31 2021
This week the median list price for Jamestown, RI 02835 is $1,725,000 with the market action index hovering around 38. This is less than last month's market action index of 44. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $1,725,000
Median Price of New Listings $3,995,000
Per Square Foot $738
Average Days on Market 64
Median Days on Market 42
Price Decreased 45%
Price Increased 5%
Relisted 15%
Inventory 20
Median Rent $3,325
Market Action 38
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 3,964 2.5 - 5 acres 3 3 36 1 0 35
$2,395,000 2,230 0.25 - 0.5 acre 4 2 71 0 0 84
$1,195,000 1,804 1 - 2.5 acres 3 3 36 0 0 28
$799,900 1,724 6,500 - 8,000 sqft 3 2 49 0 0 56