$7,707 Closing Credit*
$649,000
3,009 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Realty
Is Saunderstown, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Saunderstown has remained a Seller's Market.
Key Takeaway
Saunderstown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saunderstown, RI
How much do homes in Saunderstown, RI cost?
Median Sold Price
$735,000
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,500(+0.2%)
Key Takeaway
The sold price of homes in Saunderstown has remained the same since last year.
Summary: The median home sold price in Saunderstown was $735,000 in November 2024, up 0.2% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $302.5K | $436K | +44.1% |
| 2 Bedrooms | $453.5K | $552K | +21.7% |
| 3 Bedrooms | $590K | $655K | +11.0% |
| 4 Bedrooms | $915K | $969K | +5.9% |
| 5+ Bedrooms | $1.5M | $1.1M | -26.9% |
Summary: Saunderstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.1%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
| Wakefield | $573.9K | $667.5K | +16.3% |
| North Kingstown | $540K | $626.1K | +15.9% |
| South Kingstown | $576K | $650K | +12.8% |
| Narragansett | $750K | $837.2K | +11.6% |
| Saunderstown | $733.5K | $735K | 0.2% |
Housing Supply in Saunderstown, RI
How many homes are available in Saunderstown, RI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Saunderstown real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Saunderstown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saunderstown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Saunderstown in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Saunderstown, RI
How long does it take to sell a home in Saunderstown, RI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 38 Days | +53.5% |
Summary: Homes in Saunderstown had an average of 38 days on market in Nov 2024, up by 53.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saunderstown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Saunderstown; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
