Inventory in West Haven-Sylvan has tightened notably in this rolling three-month view, with active listings down nearly half from a year ago even though there are 43 homes currently on the market. New listings have fallen even more sharply year over year, dropping by about half, which helps explain why months of supply sits at a low 2.1 months. Contract activity has cooled compared with last year, as homes sold and pending sales are both down, yet there is still a steady stream of 26 closings and 22 pending deals in the latest period.
Pricing has stayed resilient despite softer listing and sales volume. The typical home value is up a few percent year over year and now sits in the upper-$700,000s, while the median list price is roughly flat compared with a year ago. This combination of modest price growth and fewer listings suggests sellers still have meaningful leverage but buyers may be less inclined to bid aggressively above asking.
Homes are taking much longer to sell than they did a year ago, with the median days on market stretching to 127 days, a major shift from the much quicker pace seen previously. Even so, about 40 percent of homes still go off the market within two weeks, highlighting a split between well-priced, move-in-ready properties and those that linger. With conditions showing both limited supply and slower negotiations, buyers and sellers in West Haven-Sylvan can benefit from Agent Pronto’s help connecting them with an experienced local agent who understands this nuanced market.
