$8,609 Closing Credit*
$725,000
2,582 SqFt
5 Beds
•3 Full Baths, 1 Partial
Katie French, Listing Office: Coldwell Banker Realty
Is West Simsbury, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Simsbury has remained a Seller's Market.
Key Takeaway
West Simsbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Simsbury, CT
How much do homes in West Simsbury, CT cost?
Median Sold Price
$577,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$74,500(+14.8%)
Key Takeaway
Homes in West Simsbury have sold for 14.8% more than they did a year ago.
Summary: The median home sold price in West Simsbury was $577,500 in October 2024, up 14.8% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $395K | - | N/A |
| 3 Bedrooms | $390K | $392.5K | +0.6% |
| 4 Bedrooms | $503K | $602K | +19.7% |
| 5+ Bedrooms | $860K | $755K | -12.2% |
Summary: West Simsbury housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes decreased by 12.2%.
Housing Supply in West Simsbury, CT
How many homes are available in West Simsbury, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The West Simsbury real estate market had 19 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Simsbury housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Simsbury, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in West Simsbury in October 2024, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for West Simsbury, CT
We’re sorry, we don't have information for this market at the moment
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