Is Harbeson, DE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Harbeson has remained a Seller's Market.
Key Takeaway
Harbeson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harbeson, DE
How much do homes in Harbeson, DE cost?
Median Sold Price
$709,184
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Harbeson have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Harbeson was $709,184 in May 2024, down 1.6% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $202.2K | N/A |
| 3 Bedrooms | $695.6K | $675.5K | -2.9% |
| 4 Bedrooms | $743.3K | $786.8K | +5.9% |
| 5+ Bedrooms | $600K | $650K | +8.3% |
Summary: Harbeson housing prices by bedroom type for May 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 2.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in Harbeson, DE
How many homes are available in Harbeson, DE?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Harbeson real estate market had 37 homes for sale in May 2024, a 12.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Harbeson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harbeson, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Harbeson in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 14% were sold at asking, and 86% were sold over asking.
Days on Market for Harbeson, DE
How long does it take to sell a home in Harbeson, DE?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 1 Days | -64.1% |
Summary: Homes in Harbeson had an average of 1 days on market in May 2024, down by 64.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harbeson are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Harbeson; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
