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

Wed Sep 22 2021
This week the median list price for West Hartford, CT is $369,900 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 77. 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. 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

Wed Sep 22 2021
This week the median list price for West Hartford, CT is $369,900 with the market action index hovering around 66. This is less than last month's market action index of 67. Inventory has increased to 77. 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. 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 $369,900
Median Price of New Listings $344,000
Per Square Foot $181
Average Days on Market 46
Median Days on Market 28
Price Decreased 35%
Price Increased 3%
Relisted 10%
Inventory 77
Median Rent $2,300
Market Action 66
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$649,000 3,226 0.25 - 0.5 acre 4 3 81 3 3 63
$399,900 2,668 0.25 - 0.5 acre 4 2 68 4 6 42
$329,900 1,863 0.25 - 0.5 acre 3 1 73 9 6 7
$279,950 1,405 0.25 - 0.5 acre 3 1 72 5 6 28