Is Saugus, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Saugus has remained a Seller's Market.
Housing Prices in Saugus, MA
How much do homes in Saugus, MA cost?
Median Sold Price
$611,666
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Saugus was $611,666 in June 2024, up 1.9% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302K | $365K | +20.9% |
2 Bedrooms | $495K | $482.4K | -2.5% |
3 Bedrooms | $600K | $632.5K | +5.4% |
4 Bedrooms | $673.5K | $752.5K | +11.7% |
5+ Bedrooms | $872.5K | $917.5K | +5.2% |
Summary: Saugus housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Saugus, MA
How many homes are available in Saugus, MA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
81 | 88 | +8.6% |
Summary: The Saugus real estate market had 88 homes for sale in June 2024, a 8.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 44 | 43 | -2.3% |
4 Bedrooms | 13 | 22 | +69.2% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Saugus housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
22 | 26 | +18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Saugus in June 2024, up by 18.2% month-over-month. Of the 26 sold homes, 19% were sold under asking, 0% were sold at asking, and 81% were sold over asking.
Days on Market for Saugus, MA
How long does it take to sell a home in Saugus, MA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
14 Days | 21 Days | +49.8% |
Summary: Homes in Saugus had an average of 21 days on market in Jun 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 26 homes were sold in Saugus; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.