$6,531 Closing Credit*
$550,000
870 SqFt
3 Beds
•2 Full Baths
EMILIA MARTELL, Listing Office: EXCELLENCE RE REAL ESTATE
Is Harvard Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Harvard Park was a Seller's Market.
Key Takeaway
Harvard Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Harvard Park, CA
How much do homes in Harvard Park, CA cost?
Median Sold Price
$638,000
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,000(+3.7%)
Key Takeaway
Homes in Harvard Park have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Harvard Park was $638,000 in October 2024, up 3.7% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $265K | N/A |
| 2 Bedrooms | $520K | $591.2K | +13.7% |
| 3 Bedrooms | $700.2K | $657.5K | -6.1% |
| 4 Bedrooms | $722.5K | $715K | -1.0% |
| 5+ Bedrooms | $659K | $1.1M | +66.9% |
Summary: Harvard Park 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 increased by 13.7%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 66.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Vermont Slauson | $592K | $680K | +14.9% |
| South LA | $667.5K | $708.1K | +6.1% |
| Harvard Park | $615K | $638K | +3.7% |
| Vermont Square | $727.5K | $745K | +2.4% |
Housing Supply in Harvard Park, CA
How many homes are available in Harvard Park, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The Harvard Park real estate market had 24 homes for sale in October 2024, a 17.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Harvard Park 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 decreased by 10%, 3 bedroom homes decreased by 44.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harvard Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Harvard Park in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Harvard Park, CA
How long does it take to sell a home in Harvard Park, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 32 Days | -38.4% |
Summary: Homes in Harvard Park had an average of 32 days on market in Oct 2024, down by 38.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Harvard Park has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Harvard Park; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.