Maureen Harmonay's Market Report

Harvard, MA 01451

Single-Family Homes

Coldwell Banker Realty * 978-502-5800 * Maureen.Harmonay@NEMoves.com



Harvard, MA 01451

Mon May 17 2021
This week the median list price for Harvard, MA 01451 is $604,900 with the market action index hovering around 59. This is an increase over last month's market action index of 49. Inventory has decreased to 10. Click here to stay informed with the Harvard market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Harvard, MA 01451

Mon May 17 2021
This week the median list price for Harvard, MA 01451 is $604,900 with the market action index hovering around 59. This is an increase over last month's market action index of 49. Inventory has decreased to 10. Click here to stay informed with the Harvard market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Harvard market.
Median List Price $604,900
Median Price of New Listings $649,950
Per Square Foot $340
Average Days on Market 49
Median Days on Market 35
Price Decreased 0%
Price Increased 10%
Relisted 0%
Inventory 10
Median Rent
Market Action 59
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,387,500 2,839 10 - 20 acres 4 2 99 0 0 150
$842,500 3,127 2.5 - 5 acres 4 2 177 1 0 21
$534,900 1,573 0.5 - 1 acre 3 2 0 0 0 42
$514,900 1,516 - 2 2 0 1 1 28