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 seller's market

Buyer's
Market

Difference Since October 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

$370,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$31,000(+9.1%)

Key Takeaway

Homes in West Shore have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in West Shore was $370,000 in October 2024, up 9.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $105K$144K
+37.1%
2 $288.9K$310K
+7.3%
3 $342.5K$370K
+8.0%
4 $388.5K$450K
+15.8%
5+ $430K$552.5K
+28.5%

Summary: West Shore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 28.5%.

Median Sold Price Compared To Nearby Neighborhoods

Allingtown
+25.0%
West Haven Center
+21.4%
West Shore
+9.1%

Housing Supply in West Shore, CT

How many homes are available in West Shore, CT?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6061+1.7%

Summary: The West Shore real estate market had 61 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 77
0.0%
3 3334
+3.0%
4 109
-10.0%
5+ 57
+40.0%

Summary: The West Shore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1817-5.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Shore, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in West Shore in October 2024, down by 5.6% month-over-month. Of the 17 sold homes, 47% were sold under asking, 12% were sold at asking, and 41% 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 16 Days Ago

Newest Listings in West Shore, CT

Nearby Markets to West Shore, CT