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

Mon Jan 17 2022
This week the median list price for West Hartford, CT 06117 is $394,450 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 12. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

West Hartford, CT 06117

Mon Jan 17 2022
This week the median list price for West Hartford, CT 06117 is $394,450 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has decreased to 12. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $394,450
Median Price of New Listings $369,900
Per Square Foot $182
Average Days on Market 72
Median Days on Market 49
Price Decreased 42%
Price Increased 8%
Relisted 8%
Inventory 12
Median Rent $2,550
Market Action 63
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$790,400 4,136 0.25 - 0.5 acre 4 4.5 40 0 0 84
$499,900 3,546 0.25 - 0.5 acre 5 4 61 1 1 14
$379,000 2,160 0.5 - 1 acre 3 2 71 0 1 56
$300,000 1,883 0.25 - 0.5 acre 3 2 64 2 0 7