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 April 2023

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.

Housing Prices in West Hartford, CT

How much do homes in West Hartford, CT cost?

Median Sold Price

$438,263

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$46,706(+11.9%)

Key Takeaway

Homes in West Hartford have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in West Hartford was $438,263 in April 2024, up 11.9% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $177.5K$200K
+12.7%
2 $265K$320K
+20.8%
3 $380K$417K
+9.7%
4 $500K$550K
+10.0%
5+ $662.5K$765K
+15.5%

Summary: West Hartford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 15.5%.

Median Sold Price Compared To Nearby Cities

Newington
+16.0%
West Hartford
+11.9%
Hartford
+8.8%
Bloomfield
+6.7%
Farmington
+6.1%

Housing Supply in West Hartford, CT

How many homes are available in West Hartford, CT?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
145170+17.2%

Summary: The West Hartford real estate market had 170 homes for sale in April 2024, a 17.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 2830
+7.1%
3 6068
+13.3%
4 3957
+46.2%
5+ 1412
-14.3%

Summary: The West Hartford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4458+31.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

48 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. 82.8% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in West Hartford in April 2024, up by 31.8% month-over-month. Of the 58 sold homes, 14% were sold under asking, 3% were sold at asking, and 83% were sold over asking.

Days on Market for West Hartford, 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 4 Days Ago

Newest Listings in West Hartford, CT

Nearby Markets to West Hartford, CT

What housing markets are near West Hartford, CT?