Is Harvard Place - Eastlawn, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvard Place - Eastlawn is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Harvard Place - Eastlawn was a Seller's Market.

Key Takeaway

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

Housing Prices in Harvard Place - Eastlawn, TX

How much do homes in Harvard Place - Eastlawn, TX cost?

Median Sold Price

$151,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$43,000(-22.1%)

Key Takeaway

Homes in Harvard Place - Eastlawn have sold for 22.1% less than they did a year ago.

Summary: The median home sold price in Harvard Place - Eastlawn was $151,500 in April 2024, down 22.1% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $181K-
N/A
2 $145K$138K
-4.8%
3 $213.2K$243.7K
+14.3%
4 $226.5K$272K
+20.1%
5+ --
N/A

Summary: Harvard Place - Eastlawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes did not change.

Housing Supply in Harvard Place - Eastlawn, TX

How many homes are available in Harvard Place - Eastlawn, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4555+22.2%

Summary: The Harvard Place - Eastlawn real estate market had 55 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 3540
+14.3%
4 25
+150.0%
5+ 00
0.0%

Summary: The Harvard Place - Eastlawn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvard Place - Eastlawn, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Harvard Place - Eastlawn in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Harvard Place - Eastlawn, TX

How long does it take to sell a home in Harvard Place - Eastlawn, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
87 Days43 Days-50.5%

Summary: Homes in Harvard Place - Eastlawn had an average of 43 days on market in Apr 2024, down by 50.5% 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 Place - Eastlawn are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in Harvard Place - Eastlawn; 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 15 Days Ago

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