Is Westville, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westville is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Westville was a Buyer's Market.

Key Takeaway

Westville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Westville, CT

How much do homes in Westville, CT cost?

Median Sold Price

$455,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$75,000(+19.7%)

Key Takeaway

Homes in Westville have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in Westville was $455,000 in February 2024, up 19.7% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $125K$150K
+20.0%
2 $145K$260K
+79.3%
3 $342.5K$437K
+27.6%
4 $481K$497.5K
+3.4%
5+ $527.5K$567.5K
+7.6%

Summary: Westville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 79.3%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Neighborhoods

Westville
+19.7%
Amity
+8.6%

Housing Supply in Westville, CT

How many homes are available in Westville, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1411-21.4%

Summary: The Westville real estate market had 11 homes for sale in February 2024, a 21.4% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 55
0.0%
4 32
-33.3%
5+ 42
-50.0%

Summary: The Westville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westville, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Westville in February 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Westville, CT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in Westville, CT

Nearby Markets to Westville, CT