$10,000 Closing Credit*
$1,295,000
4,100 SqFt
5 Beds
•3 Full Baths, 1 Partial
#73288783, Jennifer Gavin, Listing Office: Coldwell Banker Realty - Concord
Is Harvard, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Harvard was a Seller's Market.
Key Takeaway
Harvard is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Harvard, MA
How much do homes in Harvard, MA cost?
Median Sold Price
$1,000,000
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$144,750(+16.9%)
Key Takeaway
Homes in Harvard have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Harvard was $1,000,000 in August 2024, up 16.9% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $680.7K | $541.2K | -20.5% |
| 3 Bedrooms | $750K | $849K | +13.2% |
| 4 Bedrooms | $918.7K | $1.0M | +17.3% |
| 5+ Bedrooms | $1.4M | $1.1M | -17.5% |
Summary: Harvard housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.5%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 17.5%.
Median Sold Price Compared To Nearby Cities
| Boxborough | $453K | $710K | +56.7% |
| Lancaster | $475K | $575K | +21.1% |
| Harvard | $855.2K | $1.0M | +16.9% |
| Ayer | $479.9K | $513K | +6.9% |
Housing Supply in Harvard, MA
How many homes are available in Harvard, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Harvard real estate market had 24 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Harvard housing inventory by bedroom type for August 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 decreased by 15.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Harvard, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Harvard in August 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 69 Days | 36 Days | -47.3% |
Summary: Homes in Harvard had an average of 36 days on market in Aug 2024, down by 47.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harvard are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Harvard; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
