Maureen Harmonay's Market Report

Harvard, MA 01451

Single-Family Homes

Coldwell Banker Residential Brokerage * 978-502-5800 * MHarmonay@comcast.net



Harvard, MA 01451

Mon Nov 11 2019
This week the median list price for Harvard, MA 01451 is $777,500 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has held steady at or around 34. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Harvard, MA 01451

Mon Nov 11 2019
This week the median list price for Harvard, MA 01451 is $777,500 with the market action index hovering around 29. This is less than last month's market action index of 32. Inventory has held steady at or around 34. 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.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Harvard market.
Median List Price $777,500
Per Square Foot $263
Days on Market 189
Price Decreased 50%
Price Increased 3%
Relisted 12%
Inventory 34
Median House Rent
Most Expensive $1,950,000
Least Expensive $398,000
Market Action Index
Slight Buyer's Advantage
29

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,399,000 4,738 5 - 10 acres 4 3 28 0 1 325
$947,500 4,118 1 - 2.5 acres 4 3 16 0 0 203
$674,900 2,773 1 - 2.5 acres 4 2 46 0 1 186
$499,900 1,864 1 - 2.5 acres 3 2 43 0 0 57