Is Harvard Place - Eastlawn, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard Place - Eastlawn is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Harvard Place - Eastlawn has remained a Buyer's Market.

Key Takeaway

Harvard Place - Eastlawn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harvard Place - Eastlawn, TX

How much do homes in Harvard Place - Eastlawn, TX cost?

Median Sold Price

$142,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,450(-15.2%)

Key Takeaway

Homes in Harvard Place - Eastlawn have sold for 15.2% less than they did a year ago.

Summary: The median home sold price in Harvard Place - Eastlawn was $142,000 in October 2024, down 15.2% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $153K-
N/A
2 $142K$115K
-19.0%
3 $187.4K$182K
-2.9%
4 $205K$399K
+94.6%
5+ --
N/A

Summary: Harvard Place - Eastlawn 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 decreased by 19%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 94.6%, and 5+ bedroom homes did not change.

Housing Supply in Harvard Place - Eastlawn, TX

How many homes are available in Harvard Place - Eastlawn, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5152+2.0%

Summary: The Harvard Place - Eastlawn real estate market had 52 homes for sale in October 2024, a 2.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1212
0.0%
3 3333
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Harvard Place - Eastlawn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard Place - Eastlawn, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Harvard Place - Eastlawn in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Harvard Place - Eastlawn, TX

How long does it take to sell a home in Harvard Place - Eastlawn, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days65 Days+64.2%

Summary: Homes in Harvard Place - Eastlawn had an average of 65 days on market in Oct 2024, up by 64.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Place - Eastlawn has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Harvard Place - Eastlawn; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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