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

Sat Jul 20 2024
This week the median list price for West Hartford, CT 06107 is $574,450 with the market action index hovering around 66. This is less than last month's market action index of 76. Inventory has increased to 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 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, though the market is still in the Seller’s zone. 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 06107

Sat Jul 20 2024
This week the median list price for West Hartford, CT 06107 is $574,450 with the market action index hovering around 66. This is less than last month's market action index of 76. Inventory has increased to 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 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, though the market is still in the Seller’s zone. 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 $574,450
Median Price of New Listings $605,000
Per Square Foot $274
Average Days on Market 94
Median Days on Market 53
Price Decreased 31%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent
Market Action 66
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
$1,074,450 4,400 0.5 - 1 acre 4 3.8 38 1 1 220
$705,450 2,429 0.5 - 1 acre 4 2.8 64 1 1 21
$522,000 1,899 0.25 - 0.5 acre 3 1.8 85 1 1 52
$396,250 1,394 8,000 - 10,000 sqft 3 2 86 1 1 52