Is West Hartford, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Hartford is a seller's market

Buyer's
Market

Difference Since September 2021

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.

How much do homes in West Hartford, CT cost?

Median Sold Price

$374,444

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$24,519(+7.0%)

Key Takeaway

Homes in West Hartford have sold for 7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $150K$184K
+22.7%
2 $245K$256.2K
+4.6%
3 $335K$366.8K
+9.5%
4 $446.6K$450.5K
+0.9%
5+ $549.9K$655K
+19.1%

Median Sold Price Compared To Nearby Cities

Newington
+12.5%
Bloomfield
+11.8%
Hartford
+9.2%
West Hartford
+7.0%
Farmington
-0.6%

How many homes are available in West Hartford, CT?

Number of Homes For Sale

Aug 2022Sep 2022%
279234-16.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 65
-16.7%
2 5045
-10.0%
3 123105
-14.6%
4 7256
-22.2%
5+ 2823
-17.9%

Number of Homes Sold

Aug 2022Sep 2022%
9787-10.3%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

54 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Hartford, you could pay more than the asking price. 62.1% of homes here sold above asking price last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Hartford has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About West Hartford, CT

West Hartford, CT has 234 homes for sale to choose from. Between August 2022 and September 2022, West Hartford, CT real estate market has seen decrease in the number of listings by 16.1%. In September 2022, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $374,444. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 22.7%, prices of 2 bedrooms properties increased by 4.6%, 3 bedrooms properties prices increased by 9.5%, 4 bedrooms properties prices increased by 0.9%, prices of 5 bedrooms properties went up by 19.1%. Volume of homes for sale changed: number of 1 bedroom homes decreased by 16.7%, volume of 2 bedrooms homes went down by 10%, the quantity of 3 bedrooms homes went down by 14.6%, number of 4 bedrooms homes decreased by 22.2%, volume of 5 bedrooms homes went down by 17.9%. West Hartford, CT housing market in September 2022 saw over 54 listings sold above listed price, more than 8 sold at listed price and over 25 sold below.

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