Hoye Home Team's Market Report

West Hartford, CT 06107

Single-Family Homes

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



West Hartford, CT 06107

Wed Oct 04 2023
This week the median list price for West Hartford, CT 06107 is $565,000 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has increased to 23. 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 06107

Wed Oct 04 2023
This week the median list price for West Hartford, CT 06107 is $565,000 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has increased to 23. 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 $565,000
Median Price of New Listings $460,000
Per Square Foot $231
Average Days on Market 33
Median Days on Market 7
Price Decreased 26%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent
Market Action 60
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,100,000 4,400 0.25 - 0.5 acre 4 3.5 53 1 0 84
$660,000 3,068 0.25 - 0.5 acre 3 3.3 70 1 0 17
$544,900 2,120 0.25 - 0.5 acre 4 2.5 95 2 1 38
$422,450 1,946 8,000 - 10,000 sqft 3 1.5 88 5 1 0