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
Sun May 11 2025
This week the median list price for West Hartford, CT 06107 is $579,000 with the market action index hovering around 70. This is about the same as last month's market action index of 70. Inventory has increased to 13.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Real-Time Market Profile
| Median List Price | $579,000 | |
| Median Price of New Listings | $579,000 | |
| Per Square Foot | $304 | |
| Average Days on Market | 89 | |
| Median Days on Market | 21 | |
| Price Decreased | 15% | |
| Price Increased | 8% | |
| Relisted | 8% | |
| Inventory | 13 | |
| Median Rent | ||
| Market Action | 70 | |
| Strong Seller's Market | ||
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
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 |
|---|---|---|---|---|---|---|---|---|
| $949,900 | 2,804 | 0.25 - 0.5 acre | 4 | 3.5 | 1 | 0 | 0 | 105 |
| $649,900 | 2,065 | 6,500 - 8,000 sqft | 3 | 2.5 | 97 | 2 | 0 | 0 |
| $539,900 | 1,978 | 0.25 - 0.5 acre | 4 | 1.5 | 89 | 1 | 1 | 21 |
| $492,500 | 2,454 | 0.5 - 1 acre | 3 | 2.3 | 85 | 2 | 1 | 28 |