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

Fri May 27 2022
This week the median list price for Jamestown, RI 02835 is $1,875,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 9. 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.

Strong Seller's Market

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

Fri May 27 2022
This week the median list price for Jamestown, RI 02835 is $1,875,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 9. 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.

Strong Seller's Market

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 $1,875,000
Median Price of New Listings $4,037,500
Per Square Foot $843
Average Days on Market 98
Median Days on Market 28
Price Decreased 44%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Market Action 46
Strong Seller's Market

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
$6,225,000 4,046 2.5 - 5 acres 4 3.3 73 1 1 10
$3,262,000 3,539 1 - 2.5 acres 3 4 37 1 1 164
$1,787,500 2,344 0.25 - 0.5 acre 3 2.8 52 0 0 140
$749,000 1,536 0.25 - 0.5 acre 2 2 41 0 2 28