Hoye Home Team's Market Report

West Hartford, CT

Single-Family Homes

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



West Hartford, CT

Mon May 17 2021
This week the median list price for West Hartford, CT is $442,450 with the market action index hovering around 92. This is an increase over last month's market action index of 89. Inventory has increased to 48. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

West Hartford, CT

Mon May 17 2021
This week the median list price for West Hartford, CT is $442,450 with the market action index hovering around 92. This is an increase over last month's market action index of 89. Inventory has increased to 48. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the West Hartford market.
Median List Price $442,450
Median Price of New Listings $397,400
Per Square Foot $184
Average Days on Market 58
Median Days on Market 7
Price Decreased 17%
Price Increased 0%
Relisted 4%
Inventory 48
Median Rent $1,550
Market Action 92
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$919,000 5,462 0.5 - 1 acre 5 4 75 2 2 196
$539,450 2,984 0.25 - 0.5 acre 4 2 67 5 4 10
$389,900 2,053 8,000 - 10,000 sqft 3 2 80 5 6 7
$284,950 1,662 0.25 - 0.5 acre 3 1 65 6 7 3