Is Harwich, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harwich is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Harwich was a Seller's Market.

Key Takeaway

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

Housing Prices in Harwich, MA

How much do homes in Harwich, MA cost?

Median Sold Price

$795,000

$482/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$97,000(+13.9%)

Key Takeaway

Homes in Harwich have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Harwich was $795,000 in August 2024, up 13.9% from last year, and the median price per square foot was $482.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $660K$450K
-31.8%
2 $460K$526K
+14.3%
3 $705K$818.2K
+16.1%
4 $1.2M$969K
-22.5%
5+ $1.2M$1.5M
+27.6%

Summary: Harwich housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes increased by 27.6%.

Median Sold Price Compared To Nearby Cities

Harwich Port
+19.1%
Harwich
+13.9%
Brewster
-2.1%
West Harwich
-9.7%

Housing Supply in Harwich, MA

How many homes are available in Harwich, MA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
5958-1.7%

Summary: The Harwich real estate market had 58 homes for sale in August 2024, a 1.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 129
-25.0%
3 2524
-4.0%
4 1515
0.0%
5+ 710
+42.9%

Summary: The Harwich 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 decreased by 25%, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harwich, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Harwich in August 2024, down by 46.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Harwich, MA

How long does it take to sell a home in Harwich, MA?

Average Sale Time

Aug 2023Aug 2024CHANGE
30 Days44 Days+44.3%

Summary: Homes in Harwich had an average of 44 days on market in Aug 2024, up by 44.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Harwich has remained consistent over time.

Summary: During August 2024, 8 homes were sold in Harwich; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

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