Is West Haven, 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 Haven has remained a Seller's Market.
Key Takeaway
West Haven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Haven, CT
How much do homes in West Haven, CT cost?
Median Sold Price
$320,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Haven have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in West Haven was $320,000 in March 2024, up 11.4% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.2K | $165K | +14.4% |
| 2 Bedrooms | $215K | $260K | +20.9% |
| 3 Bedrooms | $299.9K | $320K | +6.7% |
| 4 Bedrooms | $320K | $353.5K | +10.5% |
| 5+ Bedrooms | $385K | $425K | +10.4% |
Summary: West Haven housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in West Haven, CT
How many homes are available in West Haven, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 108 | 124 | +14.8% |
Summary: The West Haven real estate market had 124 homes for sale in March 2024, a 14.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 6 | +500.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 52 | 59 | +13.5% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The West Haven housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 500%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 35 | +59.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Haven, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 35 homes were sold or pending in West Haven in March 2024, up by 59.1% month-over-month. Of the 35 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for West Haven, CT
We’re sorry, we don't have information for this market at the moment
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