Is Harvard, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Harvard has remained a Seller's Market.

Key Takeaway

Harvard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harvard, MA

How much do homes in Harvard, MA cost?

Median Sold Price

$985,000

$326/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$102,500(+11.6%)

Key Takeaway

Homes in Harvard have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Harvard was $985,000 in November 2024, up 11.6% from last year, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $680.7K$462.5K
-32.1%
3 $737.5K$825K
+11.9%
4 $1.0M$990K
-4.7%
5+ $1.4M$1.3M
-8.8%

Summary: Harvard 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 decreased by 32.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 8.8%.

Median Sold Price Compared To Nearby Cities

Boxborough
+44.8%
Lancaster
+22.4%
Ayer
+13.4%
Harvard
+11.6%

Housing Supply in Harvard, MA

How many homes are available in Harvard, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2826-7.1%

Summary: The Harvard real estate market had 26 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 910
+11.1%
4 117
-36.4%
5+ 44
0.0%

Summary: The Harvard 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 increased by 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Harvard in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Harvard, MA

How long does it take to sell a home in Harvard, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
76 Days66 Days-13.9%

Summary: Homes in Harvard had an average of 66 days on market in Nov 2024, down by 13.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harvard has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Harvard; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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