Is West Shore, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Shore has remained a Seller's Market.
Key Takeaway
West Shore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Shore, CT
How much do homes in West Shore, CT cost?
Median Sold Price
$353,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Shore have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in West Shore was $353,000 in April 2024, up 12.1% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $110K | +15.8% |
| 2 Bedrooms | $257.5K | $310K | +20.4% |
| 3 Bedrooms | $335K | $355K | +6.0% |
| 4 Bedrooms | $395K | $418.7K | +6.0% |
| 5+ Bedrooms | $370.5K | $547.5K | +47.8% |
Summary: West Shore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 47.8%.
Median Sold Price Compared To Nearby Neighborhoods
| West Shore | $315K | $353K | +12.1% |
| Allingtown | $270K | $297K | +10.0% |
| West Haven Center | $275K | $299.5K | +8.9% |
Housing Supply in West Shore, CT
How many homes are available in West Shore, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 44 | +22.2% |
Summary: The West Shore real estate market had 44 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The West Shore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Shore, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in West Shore in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 7% were sold under asking, 14% were sold at asking, and 79% were sold over asking.
Days on Market for West Shore, CT
We’re sorry, we don't have information for this market at the moment
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