Hoye Home Team's Market Report

West Hartford, CT 06117

Single-Family Homes

Berkshire Hathaway Home Services | www.hoyehometeam.com | 860-983-0875



West Hartford, CT 06117

Fri Dec 01 2023
This week the median list price for West Hartford, CT 06117 is $715,000 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has decreased to 11. Click here to stay informed with the West Hartford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

West Hartford, CT 06117

Fri Dec 01 2023
This week the median list price for West Hartford, CT 06117 is $715,000 with the market action index hovering around 68. This is an increase over last month's market action index of 67. Inventory has decreased to 11. Click here to stay informed with the West Hartford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $715,000
Median Price of New Listings $0
Per Square Foot $229
Average Days on Market 57
Median Days on Market 49
Price Decreased 36%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 68
Strong Seller's Market

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,086,080 4,366 0.5 - 1 acre 5 3.5 48 0 1 129
$789,900 2,680 0.25 - 0.5 acre 4 2.5 64 0 2 56
$549,900 3,276 0.25 - 0.5 acre 5 3.5 68 0 2 49
$389,000 1,564 0.25 - 0.5 acre 3 2 65 0 0 14