$8,311 Closing Credit*
$699,900
2,630 SqFt
4 Beds
•3 Full Baths
Amy Rio, Listing Office: Executive Real Estate Inc.
Is West Simsbury, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$580,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$77,000(+15.3%)
Key Takeaway
Homes in West Simsbury have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in West Simsbury was $580,000 in November 2024, up 15.3% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $395K | - | N/A |
| 3 Bedrooms | $400K | $385K | -3.8% |
| 4 Bedrooms | $503K | $602K | +19.7% |
| 5+ Bedrooms | $860K | $755K | -12.2% |
Summary: West Simsbury housing prices by bedroom type for November 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 decreased by 3.8%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The West Simsbury real estate market had 13 homes for sale in November 2024, a 23.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The West Simsbury housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Simsbury, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in West Simsbury in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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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