Is Harvard, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$916,875
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harvard have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Harvard was $916,875 in March 2024, up 2.2% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $706.6K | $592.5K | -16.2% |
| 3 Bedrooms | $750K | $730K | -2.7% |
| 4 Bedrooms | $1.0M | $1.0M | +5.0% |
| 5+ Bedrooms | $1.6M | $1.7M | +5.0% |
Summary: Harvard housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
| Lancaster | $470K | $497.4K | +5.8% |
| Harvard | $897.5K | $916.8K | +2.2% |
| Ayer | $518.5K | $490K | -5.5% |
| Boxborough | $635K | $567.5K | -10.6% |
Housing Supply in Harvard, MA
How many homes are available in Harvard, MA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Summary: The Harvard real estate market had 10 homes for sale in March 2024, a 66.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Harvard housing inventory by bedroom type for March 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 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was 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, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Harvard in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 322 Days | 51 Days | -84.0% |
Summary: Homes in Harvard had an average of 51 days on market in Mar 2024, down by 84% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Harvard are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Harvard; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
