$2,849 Closing Credit*
$239,900
1,338 SqFt
2 Beds
•1 Full Bath
Listing Office: eXp Realty
Is West End, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, West End has remained a Seller's Market.
Key Takeaway
West End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West End, RI
How much do homes in West End, RI cost?
Median Sold Price
$420,000
$223/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since September 2023.
Key Takeaway
The sold price of homes in West End has remained the same since last year.
Summary: The median home sold price in West End was $420,000 in September 2024, the same as last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $192.4K | +16.6% |
| 2 Bedrooms | $210K | $270K | +28.6% |
| 3 Bedrooms | $283K | $325K | +14.8% |
| 4 Bedrooms | $345K | $361.5K | +4.8% |
| 5+ Bedrooms | $450K | $565K | +25.6% |
Summary: West End housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 25.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Elmwood | $435.5K | $472K | +8.4% |
| West End | $420K | $420K | 0.0% |
| Upper South Providence | $440K | $430K | -2.3% |
| West Broadway | $575K | $494.5K | -14.0% |
Housing Supply in West End, RI
How many homes are available in West End, RI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 27 | 20 | -25.9% |
Summary: The West End real estate market had 20 homes for sale in September 2024, a 25.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 7 | 3 | -57.1% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The West End housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West End, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in West End in September 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% were sold over asking.
Days on Market for West End, RI
How long does it take to sell a home in West End, RI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 24 Days | +77.7% |
Summary: Homes in West End had an average of 24 days on market in Sep 2024, up by 77.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West End are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in West End; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
