Is Harvard, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
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
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $647.5K | $680.7K | +5.1% |
| 3 Bedrooms | $749.5K | $737.5K | -1.6% |
| 4 Bedrooms | $940K | $1.0M | +9.3% |
| 5+ Bedrooms | $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 | $449.9K | $490K | +8.9% |
| Harvard | $851K | $875K | +2.8% |
| Ayer | $501.5K | $485K | -3.3% |
| Boxborough | $635K | $492.4K | -22.4% |
Housing Supply in Harvard, MA
How many homes are available in Harvard, MA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 16 | 18 | +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
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 0 | 0 | 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 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 1 | 5 | +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
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 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 54 Days | 52 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
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.
