Is Sag Harbor, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sag Harbor is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sag Harbor was a Seller's Market.

Key Takeaway

Sag Harbor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Sag Harbor, NY cost?

Median Sold Price

$10,500,000

$2,100/sqft

Based on all homes sold in May 2022.

Difference Since Last Month

+$8,025,000(+324.2%)

Key Takeaway

Homes in Sag Harbor have sold for 324.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022May 2022%
1 --
N/A
2 --
N/A
3 $3.6M-
N/A
4 $1.8M-
N/A
5+ -$10.5M
N/A

How many homes are available in Sag Harbor, NY?

Number of Homes For Sale

Apr 2022May 2022%
13130.0%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 01
+100.0%
2 01
+100.0%
3 53
-40.0%
4 55
0.0%
5+ 33
0.0%

Number of Homes Sold

Apr 2022May 2022%
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sag Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Apr 2022May 2022%
130 Days154 Days+18.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sag Harbor are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sag Harbor, NY

Number of homes for sale in Sag Harbor, NY real estate market have reached 13. Listings spent 154 days on the market in May 2022, and had a median list price of $10,500,000 during the same period. Real estate listing prices changed between May 2021 and May 2022: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes went down by 40%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. Over 0 listings were sold over their listed price in May 2022 in Sag Harbor, NY. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.

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