Hoye Home Team's Market Report

West Hartford, CT 06110

Single-Family Homes

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



West Hartford, CT 06110

Thu Sep 16 2021
This week the median list price for West Hartford, CT 06110 is $284,900 with the market action index hovering around 67. This is less than last month's market action index of 68. Inventory has increased to 15. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 06110

Thu Sep 16 2021
This week the median list price for West Hartford, CT 06110 is $284,900 with the market action index hovering around 67. This is less than last month's market action index of 68. Inventory has increased to 15. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $284,900
Median Price of New Listings $285,000
Per Square Foot $206
Average Days on Market 28
Median Days on Market 7
Price Decreased 47%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent $2,500
Market Action 67
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$359,999 2,002 8,000 - 10,000 sqft 4 2 67 1 1 7
$291,200 1,664 8,000 - 10,000 sqft 3 1 71 2 1 3
$279,900 1,257 0.25 - 0.5 acre 3 1 73 0 0 28
$227,500 1,355 8,000 - 10,000 sqft 3 1 70 2 2 14