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 2022

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

$875,000

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$24,000(+2.8%)

Key Takeaway

Homes in Harvard have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Harvard was $875,000 in November 2023, up 2.8% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $647.5K$680.7K
+5.1%
3 $749.5K$737.5K
-1.6%
4 $940K$1.0M
+9.3%
5+ $1.6M$1.4M
-15.4%

Summary: Harvard housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 15.4%.

Median Sold Price Compared To Nearby Cities

Lancaster
+8.9%
Harvard
+2.8%
Ayer
-3.3%
Boxborough
-22.4%

Housing Supply in Harvard, MA

How many homes are available in Harvard, MA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
1618+12.5%

Summary: The Harvard real estate market had 18 homes for sale in November 2023, a 12.5% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 23
+50.0%
3 35
+66.7%
4 1110
-9.1%
5+ 00
0.0%

Summary: The Harvard housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Harvard in November 2023, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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 2022Nov 2023CHANGE
54 Days52 Days-3.4%

Summary: Homes in Harvard had an average of 52 days on market in Nov 2023, down by 3.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harvard are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 5 homes were sold in Harvard; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 6 Days Ago

Newest Listings in Harvard, MA

Nearby Markets to Harvard, MA