Condo Market Newport

Jamestown, RI 02835

Single-Family Homes

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



Jamestown, RI 02835

Wed Mar 20 2019
This week the median list price for Jamestown, RI 02835 is $802,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 40. 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 has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Jamestown, RI 02835

Wed Mar 20 2019
This week the median list price for Jamestown, RI 02835 is $802,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 40. 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 has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $802,000
Per Square Foot $426
Days on Market 232
Price Decreased 15%
Price Increased 0%
Relisted 5%
Inventory 40
Median House Rent
Most Expensive $7,950,000
Least Expensive $415,000
Market Action Index
Slight Buyer's Advantage
28

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
$3,745,000 5,135 2.5 - 5 acres 4 5 26 0 0 441
$1,245,000 2,928 0.5 - 1 acre 3 2 19 3 0 245
$636,000 1,976 8,000 - 10,000 sqft 3 2 30 1 1 88
$464,900 1,351 0.25 - 0.5 acre 3 1 59 0 1 156