Is West Bridgeport, 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, West Bridgeport has remained a Seller's Market.
Key Takeaway
West Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Bridgeport, CT
How much do homes in West Bridgeport, CT cost?
Median Sold Price
$363,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Bridgeport have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in West Bridgeport was $363,000 in March 2024, up 15.4% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $152.5K | +13.0% |
| 2 Bedrooms | $245K | $259.9K | +6.1% |
| 3 Bedrooms | $310K | $350K | +12.9% |
| 4 Bedrooms | $375.5K | $385K | +2.5% |
| 5+ Bedrooms | $425K | $460K | +8.2% |
Summary: West Bridgeport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Neighborhoods
| South Bridgeport | $121.7K | $160K | +31.4% |
| South End | $121.7K | $160K | +31.4% |
| Black Rock | $308K | $365K | +18.5% |
| West Bridgeport | $314.6K | $363K | +15.4% |
| West End / West Side | $340K | $381.5K | +12.2% |
Housing Supply in West Bridgeport, CT
How many homes are available in West Bridgeport, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 107 | 109 | +1.9% |
Summary: The West Bridgeport real estate market had 109 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 15 | +15.4% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 32 | 32 | 0.0% |
| 4 Bedrooms | 13 | 18 | +38.5% |
| 5+ Bedrooms | 36 | 34 | -5.6% |
Summary: The West Bridgeport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Bridgeport, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in West Bridgeport in March 2024, up by 21.7% month-over-month. Of the 28 sold homes, 25% were sold under asking, 4% were sold at asking, and 71% were sold over asking.
Days on Market for West Bridgeport, CT
How long does it take to sell a home in West Bridgeport, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Bridgeport has remained consistent over time.
Summary: During March 2024, 28 homes were sold in West Bridgeport; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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