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

Tue Oct 22 2024
This week the median list price for Jamestown, RI 02835 is $2,395,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 22. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Jamestown, RI 02835

Tue Oct 22 2024
This week the median list price for Jamestown, RI 02835 is $2,395,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 22. 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

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $2,395,000
Median Price of New Listings $0
Per Square Foot $724
Average Days on Market 101
Median Days on Market 102
Price Decreased 41%
Price Increased 5%
Relisted 9%
Inventory 22
Median Rent
Market Action 35
Slight Seller's Advantage

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
$8,200,000 4,698 2.5 - 5 acres 4 4 22 0 0 140
$3,390,000 3,924 0.5 - 1 acre 4 4 39 0 0 91
$1,875,000 3,298 1 - 2.5 acres 4 4 36 0 0 122
$834,000 1,852 6,500 - 8,000 sqft 3 2 87 0 0 59