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

Sat Nov 27 2021
This week the median list price for Jamestown, RI 02835 is $849,450 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Jamestown, RI 02835

Sat Nov 27 2021
This week the median list price for Jamestown, RI 02835 is $849,450 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Jamestown market.
Median List Price $849,450
Median Price of New Listings $559,900
Per Square Foot $592
Average Days on Market 125
Median Days on Market 70
Price Decreased 56%
Price Increased 6%
Relisted 19%
Inventory 16
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,087,500 4,140 1 - 2.5 acres 3 3.8 39 0 1 238
$1,562,000 2,688 0.5 - 1 acre 4 3 87 0 1 45
$739,450 1,467 0.25 - 0.5 acre 3 2 61 0 0 49
$579,450 1,140 6,500 - 8,000 sqft 2 1.5 49 1 1 87