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 Dec 06 2019
This week the median list price for Jamestown, RI 02835 is $974,950 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 38. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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

Fri Dec 06 2019
This week the median list price for Jamestown, RI 02835 is $974,950 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 38. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 $974,950
Per Square Foot $476
Days on Market 252
Price Decreased 34%
Price Increased 0%
Relisted 5%
Inventory 38
Median Rent $2,500
Most Expensive $6,995,000
Least Expensive $339,900
Market Action 30
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
$3,575,000 5,342 2.5 - 5 acres 5 5 30 0 0 567
$1,500,000 2,488 0.5 - 1 acre 3 2 41 0 1 161
$699,450 2,131 0.25 - 0.5 acre 3 2 20 2 1 129
$462,000 1,353 0.25 - 0.5 acre 2 2 32 1 1 171