Is West 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, West Hartford has remained a Seller's Market.
Key Takeaway
West Hartford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Hartford, CT
How much do homes in West Hartford, CT cost?
Median Sold Price
$438,010
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Hartford have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in West Hartford was $438,010 in March 2024, up 12.5% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.2K | $200K | +14.1% |
| 2 Bedrooms | $270K | $317.5K | +17.6% |
| 3 Bedrooms | $375K | $415K | +10.7% |
| 4 Bedrooms | $485K | $574.9K | +18.5% |
| 5+ Bedrooms | $660K | $750K | +13.6% |
Summary: West Hartford housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Newington | $275K | $315K | +14.5% |
| West Hartford | $389.5K | $438K | +12.5% |
| Hartford | $240K | $260.3K | +8.5% |
| Farmington | $368K | $395K | +7.3% |
| Bloomfield | $300K | $315K | +5.0% |
Housing Supply in West Hartford, CT
How many homes are available in West Hartford, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 139 | 129 | -7.2% |
Summary: The West Hartford real estate market had 129 homes for sale in March 2024, a 7.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 52 | 51 | -1.9% |
| 4 Bedrooms | 37 | 35 | -5.4% |
| 5+ Bedrooms | 19 | 11 | -42.1% |
Summary: The West Hartford housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 42.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 40 | -14.9% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Hartford, you could pay more than the asking price. 77.5% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in West Hartford in March 2024, down by 14.9% month-over-month. Of the 40 sold homes, 15% were sold under asking, 8% were sold at asking, and 78% were sold over asking.
Days on Market for West Hartford, CT
We’re sorry, we don't have information for this market at the moment
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