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
Wed Nov 13 2019
This week the median list price for Jamestown, RI 02835 is $899,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 41.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $899,000 | |
| Per Square Foot | $481 | |
| Days on Market | 235 | |
| Price Decreased | 37% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 41 | |
| Median House Rent | $2,500 | |
| Most Expensive | $6,995,000 | |
| Least Expensive | $339,900 | |
| Market Action Index Slight Seller's Advantage | 30 |
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,535,000 | 5,114 | 2.5 - 5 acres | 4 | 4 | 38 | 0 | 0 | 494 |
| $1,497,500 | 2,387 | 0.5 - 1 acre | 3 | 2 | 49 | 1 | 0 | 146 |
| $687,000 | 2,183 | 0.25 - 0.5 acre | 3 | 2 | 32 | 0 | 0 | 131 |
| $469,000 | 1,140 | 0.25 - 0.5 acre | 2 | 2 | 33 | 1 | 1 | 175 |