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 Sep 21 2023
This week the median list price for Jamestown, RI 02835 is $1,750,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 13. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Jamestown, RI 02835

Thu Sep 21 2023
This week the median list price for Jamestown, RI 02835 is $1,750,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 13. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $1,750,000
Median Price of New Listings $0
Per Square Foot $629
Average Days on Market 113
Median Days on Market 84
Price Decreased 54%
Price Increased 0%
Relisted 15%
Inventory 13
Median Rent
Market Action 44
Slight Seller's Advantage

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
$4,350,000 4,030 1 - 2.5 acres 4 3.5 38 0 0 49
$2,595,000 3,455 1 - 2.5 acres 3 4 52 0 1 133
$1,149,000 1,943 0.25 - 0.5 acre 3 2.5 65 0 0 84
$822,000 2,010 0.25 - 0.5 acre 3 2.5 46 0 0 35