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 Jan 17 2022
This week the median list price for West Hartford, CT is $384,450 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has decreased to 24. 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 Jan 17 2022
This week the median list price for West Hartford, CT is $384,450 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has decreased to 24. 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 $384,450
Median Price of New Listings $384,900
Per Square Foot $180
Average Days on Market 71
Median Days on Market 49
Price Decreased 33%
Price Increased 4%
Relisted 8%
Inventory 24
Median Rent $2,625
Market Action 79
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$745,200 3,877 0.25 - 0.5 acre 4 4.5 60 1 1 63
$419,450 2,414 0.25 - 0.5 acre 3 2.5 67 3 1 14
$359,900 1,887 0.25 - 0.5 acre 3 2 64 2 3 56
$254,950 1,419 6,500 - 8,000 sqft 3 1.5 71 2 3 38