Hoye Home Team's Market Report

West Hartford, CT 06119

Single-Family Homes

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


West Hartford, CT 06119

Mon Dec 04 2023
This week the median list price for West Hartford, CT 06119 is $299,900 with the market action index hovering around 66. This is less than last month's market action index of 75. Inventory has increased to 5. 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 06119

Mon Dec 04 2023
This week the median list price for West Hartford, CT 06119 is $299,900 with the market action index hovering around 66. This is less than last month's market action index of 75. Inventory has increased to 5. 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 $299,900
Median Price of New Listings $230,000
Per Square Foot $219
Average Days on Market 27
Median Days on Market 7
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 66
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$399,900 1,528 6,500 - 8,000 sqft 3 1.5 70 0 0 105
$329,000 1,104 6,500 - 8,000 sqft 3 2 66 0 0 14
$299,900 1,774 0.25 - 0.5 acre 3 1 103 0 0 7
$245,000 1,281 4,500 - 6,500 sqft 2 1.3 99 1 0 3