This Week's Real Estate Market Report

Jamestown, RI 02835

Single-Family Homes

The Hogan Associates Real Estate Team | 401-924-1774 | info@hoganassociatesre.com



Jamestown, RI 02835

Mon Jul 22 2019
This week the median list price for Jamestown, RI 02835 is $749,450 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 54. 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

Mon Jul 22 2019
This week the median list price for Jamestown, RI 02835 is $749,450 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 54. 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 $749,450
Per Square Foot $406
Days on Market 192
Price Decreased 43%
Price Increased 0%
Relisted 13%
Inventory 54
Median House Rent
Most Expensive $7,950,000
Least Expensive $325,000
Market Action Index
Slight Buyer's Advantage
24

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$3,495,000 4,885 2.5 - 5 acres 5 4 51 1 1 398
$1,100,000 2,500 1 - 2.5 acres 3 2 33 1 1 134
$699,900 2,264 0.25 - 0.5 acre 3 2 28 1 3 116
$479,450 1,208 0.25 - 0.5 acre 3 1 72 1 1 132