Is Harvard Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Harvard Park was a Seller's Market.
Housing Prices in Harvard Park, CA
How much do homes in Harvard Park, CA cost?
Median Sold Price
$604,500
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Harvard Park was $604,500 in May 2024, down 6.3% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $540K | $547K | +1.3% |
3 Bedrooms | $675K | $643K | -4.7% |
4 Bedrooms | $790K | $675K | -14.6% |
5+ Bedrooms | $744.5K | $659K | -11.5% |
Summary: Harvard Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Neighborhoods
South LA | $668.6K | $684.6K | +2.4% |
Vermont Square | $750K | $730K | -2.7% |
Harvard Park | $645K | $604.5K | -6.3% |
Housing Supply in Harvard Park, CA
How many homes are available in Harvard Park, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The Harvard Park real estate market had 18 homes for sale in May 2024, a 10.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Harvard Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Harvard Park in May 2024, the same as the previous 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 Park, CA
How long does it take to sell a home in Harvard Park, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 11 Days | -63.8% |
Summary: Homes in Harvard Park had an average of 11 days on market in May 2024, down by 63.8% 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
Summary: During May 2024, 3 homes were sold in Harvard Park; 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.