Is West Bridgeport, 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 Bridgeport has remained a Seller's Market.
Key Takeaway
West Bridgeport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Bridgeport, CT
How much do homes in West Bridgeport, CT cost?
Median Sold Price
$363,583
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Bridgeport have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in West Bridgeport was $363,583 in April 2024, up 14.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.2K | $155K | +12.9% |
| 2 Bedrooms | $245K | $262.5K | +7.1% |
| 3 Bedrooms | $315K | $350K | +11.1% |
| 4 Bedrooms | $381.6K | $385K | +0.9% |
| 5+ Bedrooms | $425K | $462K | +8.7% |
Summary: West Bridgeport housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Neighborhoods
| West End / West Side | $340K | $395K | +16.2% |
| West Bridgeport | $317K | $363.5K | +14.7% |
| Black Rock | $308K | $337.5K | +9.6% |
Housing Supply in West Bridgeport, CT
How many homes are available in West Bridgeport, CT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 110 | 95 | -13.6% |
Summary: The West Bridgeport real estate market had 95 homes for sale in April 2024, a 13.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 11 | -26.7% |
| 2 Bedrooms | 10 | 18 | +80.0% |
| 3 Bedrooms | 32 | 21 | -34.4% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 36 | 32 | -11.1% |
Summary: The West Bridgeport housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.7%, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 34.4%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 19 | -34.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Bridgeport, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in West Bridgeport in April 2024, down by 34.5% month-over-month. Of the 19 sold homes, 37% were sold under asking, 16% were sold at asking, and 47% were sold over asking.
Days on Market for West Bridgeport, CT
We’re sorry, we don't have information for this market at the moment
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