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

Tue May 28 2024
This week the median list price for West Hartford, CT 06117 is $529,900 with the market action index hovering around 72. This is less than last month's market action index of 77. Inventory has increased 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

West Hartford, CT 06117

Tue May 28 2024
This week the median list price for West Hartford, CT 06117 is $529,900 with the market action index hovering around 72. This is less than last month's market action index of 77. Inventory has increased 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $529,900
Median Price of New Listings $529,000
Per Square Foot $257
Average Days on Market 29
Median Days on Market 0
Price Decreased 9%
Price Increased 9%
Relisted 0%
Inventory 11
Median Rent
Market Action 72
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$889,900 3,261 0.25 - 0.5 acre 4 3.5 37 0 0 140
$579,000 2,133 0.25 - 0.5 acre 4 2.5 66 2 0 0
$529,000 2,518 0.25 - 0.5 acre 4 3 64 3 0 0
$435,000 1,760 0.25 - 0.5 acre 3 2 67 2 1 0