Altos Research

Tiverton, RI 02878

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Tiverton, RI 02878

Sun Aug 19 2018
This week the median list price for Tiverton, RI 02878 is $488,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 82. Click here to stay informed with the Tiverton 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.

Tiverton, RI 02878

Sun Aug 19 2018
This week the median list price for Tiverton, RI 02878 is $488,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 82. Click here to stay informed with the Tiverton 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 Tiverton market.
Median List Price $488,000
Per Square Foot $224
Days on Market 242
Price Decreased 37%
Price Increased 4%
Relisted 30%
Inventory 82
Median House Rent $2,600
Most Expensive $2,999,500
Least Expensive $135,000
Market Action Index
Slight Buyer's Advantage
27

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,297,000 3,705 2.5 - 5 acres 4 3 50 0 0 653
$533,500 3,002 1 - 2.5 acres 3 2 22 0 2 210
$425,000 1,800 0.5 - 1 acre 3 2 33 5 4 73
$249,000 1,266 6,500 - 8,000 sqft 3 1 62 4 2 49