Is Barrington, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Barrington has remained a Seller's Market.
Housing Prices in Barrington, RI
How much do homes in Barrington, RI cost?
Median Sold Price
$675,000
$353/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Barrington was $675,000 in April 2024, the same as last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $413K | $495K | +19.9% |
3 Bedrooms | $570K | $602.5K | +5.7% |
4 Bedrooms | $860K | $875K | +1.7% |
5+ Bedrooms | $1.2M | $1.2M | +4.2% |
Summary: Barrington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
East Providence | $380K | $409.3K | +7.7% |
Riverside | $375K | $395.4K | +5.5% |
Seekonk | $494K | $517.5K | +4.8% |
Warren | $457.5K | $475K | +3.8% |
Barrington | $675K | $675K | 0.0% |
Housing Supply in Barrington, RI
How many homes are available in Barrington, RI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 51 | +34.2% |
Summary: The Barrington real estate market had 51 homes for sale in April 2024, a 34.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 17 | 23 | +35.3% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Barrington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Barrington in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 0% were sold at asking, and 58% were sold over asking.
Days on Market for Barrington, RI
How long does it take to sell a home in Barrington, RI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 24 Days | +9.1% |
Summary: Homes in Barrington had an average of 24 days on market in Apr 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Barrington; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.