Jamestown, RI Market Report — March 2026

• Median Sale Price: $1.90M, an increase of 81.8% QoQ and 137.5% YoY.
• Closed Sales: 11 units, up 175.0% QoQ (from 4) and 266.7% YoY (from 3).
• Active Inventory: 30 units, up 36.4% QoQ (from 22) and 200.0% YoY (from 10).
• New Listings: 19 units, up 111.1% QoQ (from 9) and 375.0% YoY (from 4).
• Sale-to-List Ratio: 101.3%, an increase of 9.01pp QoQ and 9.24pp YoY.
• Median DOM (Closed): 71 days, representing a 19.3% acceleration (faster) compared to 88 days in the prior quarter.
• Listing Velocity Ratio: 1.73, indicating that new inventory is entering the market faster than current sales can absorb.

Pricing precision in Jamestown is currently aggressive. The median sale price of $1.90M, when compared against the median asking price of $2.00M for those same sold properties, indicates that while sellers are reaching for high benchmarks, the market is absorbing these prices at a 101.3% sale-to-list ratio.

Trend momentum is currently positive, with the median sale price rising for 2 consecutive months. The current $1.90M median sits above the 3-month average of $1.20M and the 6-month average of $1.16M, confirming that sustained upward pricing pressure is currently present. Locally, the median sale price of $1.90M is 279.1% above the Rhode Island state benchmark of $501,250. Per-square-foot pricing has reached $640.56—a 23.9% increase QoQ—which confirms that this appreciation is broad-based rather than a result of property mix shifts.

Actionable Callouts:

• For Listing Agents: The 101.3% sale-to-list ratio demonstrates that demand supports aggressive list prices; use this data to anchor pricing strategies at the upper end of the competitive spectrum.
• For Buyer Agents: With 55% of sales closing at or above list price, offer strategies should prioritize clean contingencies and fast-track due diligence to remain competitive against other buyers.

Jamestown is currently experiencing a period of rapid inventory expansion. The 30 active listings reflect 19 new entries against 11 closings, resulting in a listing velocity ratio of 1.73. By the industry-standard spectrum, a ratio above 1.5 indicates that inventory is building rapidly. Despite this, the 2.7 months of supply maintains the market in a seller-leaning position (0–3 months).

Total sales volume reached $27.21M, a 472.9% increase QoQ. This growth was driven by a combination of the 175% increase in transaction count and significant median price appreciation. Compared to last March, the surge in both new listings (+375.0%) and closed sales (+266.7%) indicates an exceptionally active spring market cycle. Single-family homes accounted for 15.0 of the 19 new listings this period.

Actionable Callouts:

• For Listing Agents: While demand remains high, be aware that the 1.73 velocity ratio indicates growing competition from new supply; positioning your listing correctly is vital to capture the current demand.
• For Buyer Agents: The rapid increase in new listings (+111.1% QoQ) is expanding your options; monitor new listings closely as the high velocity indicates that quality inventory is still being absorbed quickly.

Market velocity has accelerated significantly, with the median days on market (DOM) for closed sales falling to 71 days, a 19.3% improvement from the previous quarter. Sellers who did reduce their prices during this period did so by an average of 12.1% from their original asking price, which serves as a cautionary signal for over-pricing. Active inventory remains fresh, with a median active DOM of 10 days, suggesting that the current market is highly responsive to well-priced new entries.

Actionable Callouts:

• For Listing Agents: Properties that exceed the 10-day active DOM median should be evaluated for a price adjustment, utilizing the 12.1% average reduction as a benchmark for re-alignment.
• For Buyer Agents: High-quality new listings are moving within a 10-day window on average; prioritize immediate viewings for fresh inventory to avoid missing the closing window.

Jamestown is a Seller’s Market (score: 1/5). This assessment is supported by the 2.7 months of supply, a strong 101.3% sale-to-list ratio, and the fact that 55% of transactions are occurring at or above the list price. While the rising inventory (30 units) and the 1.73 velocity ratio are worth monitoring as they suggest the market is moving toward a more balanced state, current demand-side metrics continue to favor sellers.

Actionable Callouts:

• For Listing Agents: Maintain pricing discipline; while the market is competitive, buyers have access to more new listings now than in the previous quarter.
• For Buyer Agents: Use the rising inventory as a tactical advantage, specifically targeting properties that have been on the market for more than the 10-day median, where leverage may be shifting slightly toward the buyer.

Market momentum is currently positive, supported by 2 consecutive months of increases in median sale prices and transaction volumes. If the current listing velocity ratio of 1.73 persists, active inventory will continue to grow, which may eventually temper the current 101.3% sale-to-list ratio. Given that the current median sale price is above the 6-month average, price growth is currently characterized by strong upward momentum. If the trend of increased inventory and high sales volume persists, the market will likely maintain its seller-leaning status throughout the next quarter, provided that the current 2.7 months of supply is not breached.

This report is based on data provided by the Rhode Island Association of Realtors (riar) for the city of Jamestown, RI. The current reporting period (March 2026) includes 11 closed sales. Due to the small sample size, medians are subject to volatility; therefore, trends should be viewed in the context of the provided 3-month and 6-month moving averages. This report distinguishes between closed sales populations and active inventory populations.