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

Sun May 11 2025
This week the median list price for West Hartford, CT 06117 is $657,500 with the market action index hovering around 69. This is an increase over last month's market action index of 67. Inventory has decreased to 8. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

West Hartford, CT 06117

Sun May 11 2025
This week the median list price for West Hartford, CT 06117 is $657,500 with the market action index hovering around 69. This is an increase over last month's market action index of 67. Inventory has decreased to 8. 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

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $657,500
Median Price of New Listings $715,000
Per Square Foot $262
Average Days on Market 57
Median Days on Market 14
Price Decreased 38%
Price Increased 0%
Relisted 25%
Inventory 8
Median Rent
Market Action 69
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,618,000 7,811 0.5 - 1 acre 5 5.5 40 1 0 105
$832,000 3,526 0.5 - 1 acre 5 4.5 80 2 0 87
$599,950 2,747 0.5 - 1 acre 4 4 82 1 2 21
$460,000 1,397 0.25 - 0.5 acre 3 2 71 1 1 14