Is East Hartford, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, East Hartford has remained a Seller's Market.
Key Takeaway
East Hartford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Hartford, CT
How much do homes in East Hartford, CT cost?
Median Sold Price
$263,750
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Hartford have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in East Hartford was $263,750 in March 2024, up 8.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $97.7K | $155K | +58.6% |
| 2 Bedrooms | $170K | $175K | +2.9% |
| 3 Bedrooms | $250K | $273K | +9.2% |
| 4 Bedrooms | $265K | $290K | +9.4% |
| 5+ Bedrooms | $283K | $335K | +18.4% |
Summary: East Hartford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
| Glastonbury | $415K | $484K | +16.6% |
| South Windsor | $338.4K | $375K | +10.8% |
| Manchester | $263.6K | $290K | +10.0% |
| East Hartford | $242.2K | $263.7K | +8.9% |
| Hartford | $240K | $260.3K | +8.5% |
Housing Supply in East Hartford, CT
How many homes are available in East Hartford, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 113 | 115 | +1.8% |
Summary: The East Hartford real estate market had 115 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 27 | 24 | -11.1% |
| 3 Bedrooms | 55 | 58 | +5.5% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The East Hartford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hartford, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in East Hartford in March 2024, up by 21.7% month-over-month. Of the 28 sold homes, 29% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for East Hartford, CT
We’re sorry, we don't have information for this market at the moment
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