Single-Family Homes
Fri Apr 19 2024
This week the median list price for West Hartford, CT is $517,000 with the market action index hovering around 75. This is an increase over last month's market action index of 72. Inventory has increased to 24.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $517,000 | |
Median Price of New Listings | $395,000 | |
Per Square Foot | $251 | |
Average Days on Market | 64 | |
Median Days on Market | 4 | |
Price Decreased | 8% | |
Price Increased | 8% | |
Relisted | 8% | |
Inventory | 24 | |
Median Rent | ||
Market Action | 75 | |
Strong Seller's Market |
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,124,500 | 3,931 | 0.25 - 0.5 acre | 4 | 3.8 | 1 | 0 | 0 | 154 |
$587,727 | 2,608 | 0.25 - 0.5 acre | 4 | 2.8 | 76 | 4 | 1 | 3 |
$409,950 | 1,663 | 0.25 - 0.5 acre | 3 | 2 | 77 | 3 | 1 | 17 |
$337,450 | 1,579 | 0.25 - 0.5 acre | 3 | 1.8 | 76 | 6 | 2 | 0 |