Market report, updated

Great Island Home Values and Market Report

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Report prepared by Burkecthomes.com Coldwell Banker Realty

Market at a glance

Over the last 12 months, homes sold for 97.0% of list price in 75 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.45M Sold · $1.4M
$2M$1.6M$1.2M$800K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Feb. Last month: 2.

Where the market stands

All homes in this report, by status.

10homes
Active2 · 20%
Sold (12 mo)8 · 80%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$775K
Sold$1.43M

Average days on market

Active34 days
Sold75 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $774,950
Avg. days on market 34 days
Avg. price per ft² $542 Based on 1 of 2 homes
Avg. living area 1,568 ft² Based on 1 of 2 homes
Avg. beds / baths 2.0 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 1 home plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 1 home in this status.

24 Teal Pond Road$542

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
24 Teal Pond RoadNarragansett, RI 02882 221,568$849,900$54210 days
Barnacle RoadNarragansett, RI 02882 ———$700,000—59 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Burkecthomes.com Coldwell Banker Realty

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated:

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.