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

Thu Sep 16 2021
This week the median list price for West Hartford, CT 06119 is $399,900 with the market action index hovering around 70. This is less than last month's market action index of 80. Inventory has increased to 13. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 06119

Thu Sep 16 2021
This week the median list price for West Hartford, CT 06119 is $399,900 with the market action index hovering around 70. This is less than last month's market action index of 80. Inventory has increased to 13. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $399,900
Median Price of New Listings $404,450
Per Square Foot $166
Average Days on Market 47
Median Days on Market 21
Price Decreased 31%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent $1,650
Market Action 70
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
$649,999 3,900 0.25 - 0.5 acre 7 4 109 1 0 49
$427,900 2,396 8,000 - 10,000 sqft 3 2 99 1 0 14
$399,900 2,757 6,500 - 8,000 sqft 5 3 95 2 1 21
$312,449 1,806 6,500 - 8,000 sqft 3 1 89 0 2 56