Is Sagamore Beach, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sagamore Beach is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sagamore Beach has remained a Seller's Market.

Key Takeaway

Sagamore Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sagamore Beach, MA

How much do homes in Sagamore Beach, MA cost?

Median Sold Price

$720,000

$326/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$219,000(+43.7%)

Key Takeaway

Homes in Sagamore Beach have sold for 43.7% more than they did a month ago.

Summary: The median home sold price in Sagamore Beach was $720,000 in February 2024, up 43.7% from last month, and the median price per square foot was $326.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $250K$490K
+96.0%
3 $501K$720K
+43.7%
4 $770K$970K
+26.0%
5+ --
N/A

Summary: Sagamore Beach housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96%, 3 bedroom homes increased by 43.7%, 4 bedroom homes increased by 26%, and 5+ bedroom homes did not change.

Housing Supply in Sagamore Beach, MA

How many homes are available in Sagamore Beach, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1516+6.7%

Summary: The Sagamore Beach real estate market had 16 homes for sale in February 2024, a 6.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1010
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Sagamore Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sagamore Beach, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sagamore Beach in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Sagamore Beach, MA

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

Average Sale Time

Jan 2024Feb 2024CHANGE
67 Days51 Days-23.4%

Summary: Homes in Sagamore Beach had an average of 51 days on market in Feb 2024, down by 23.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 Sagamore Beach has remained consistent over time.

Summary: During February 2024, 5 homes were sold in Sagamore Beach; 40% of homes were sold within 30 days, 60% 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 28 Days Ago

Newest Listings in Sagamore Beach, MA

Nearby Markets to Sagamore Beach, MA

What housing markets are near Sagamore Beach, MA?