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 Mar 02 2021
This week the median list price for West Hartford, CT 06117 is $744,450 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has held steady at or around 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

West Hartford, CT 06117

Tue Mar 02 2021
This week the median list price for West Hartford, CT 06117 is $744,450 with the market action index hovering around 47. This is an increase over last month's market action index of 40. Inventory has held steady at or around 16. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $744,450
Per Square Foot $180
Days on Market 119
Price Decreased 25%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent $2,100
Most Expensive $2,387,000
Least Expensive $214,900
Market Action 47
Strong Seller's Market

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,422,500 8,220 1 - 2.5 acres 5 6 25 0 1 140
$964,499 5,462 0.5 - 1 acre 4 5 78 0 0 140
$644,400 3,766 0.25 - 0.5 acre 4 3 65 1 0 73
$309,900 1,612 0.25 - 0.5 acre 3 2 64 2 2 10