Hope Real Estate Market Extends Downward Trend in Contracts

Sales fell to one home sold in the Hope market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price tumbled to $130,000, down from last week's $282,500. Hope is a solid buyer's market, due to a downward trend in contracts numbers and 17 months of inventory remaining.

Looking to get the most out of your money? Check out these bargain listings in Hope that recently had price cuts:

$375K   $399K   $269K  

Get started right now by checking out Hope homes for sale or reviewing Hope real estate trends.

Demographic facts about Hope:

  • The average age of the population is 38 years old.
  • The health cost index score in this area is 113.7. (100 = national average)
  • The area's commuter length breakdown is: <15 min (26.2%), 15-29 min (43.7%), 30-44 min (14.8%), 45-59 min (6.2%), >60 min (9.1%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Residential Properties Ltd
17 reviews
Rhode Island Residential
Snapped 41 homes in this area
Keller Williams Realty of Newport
Snapped 1 home in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.