Is West Shore, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Shore is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Shore was a Seller's Market.

Key Takeaway

West Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Shore, CT

How much do homes in West Shore, CT cost?

Median Sold Price

$365,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+6.6%)

Key Takeaway

Homes in West Shore have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in West Shore was $365,000 in November 2024, up 6.6% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $107.5K$144K
+34.0%
2 $290K$311K
+7.2%
3 $347.4K$370K
+6.5%
4 $392K$450K
+14.8%
5+ $461K$460K
-0.2%

Summary: West Shore housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Neighborhoods

Allingtown
+26.1%
West Haven Center
+16.1%
West Shore
+6.6%

Housing Supply in West Shore, CT

How many homes are available in West Shore, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5953-10.2%

Summary: The West Shore real estate market had 53 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 811
+37.5%
3 3228
-12.5%
4 97
-22.2%
5+ 65
-16.7%

Summary: The West Shore housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
197-63.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Shore, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in West Shore in November 2024, down by 63.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% 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

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

Report Updated 17 Days Ago

Newest Listings in West Shore, CT

Nearby Markets to West Shore, CT