Is Saugerties, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saugerties is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Saugerties has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Saugerties, NY

How much do homes in Saugerties, NY cost?

Median Sold Price

$440,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$115,500(+35.6%)

Key Takeaway

Homes in Saugerties have sold for 35.6% more than they did a year ago.

Summary: The median home sold price in Saugerties was $440,000 in March 2024, up 35.6% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $270K$324K
+20.0%
3 $315K$465K
+47.6%
4 $299K$450K
+50.5%
5+ $530K$855K
+61.3%

Summary: Saugerties housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 47.6%, 4 bedroom homes increased by 50.5%, and 5+ bedroom homes increased by 61.3%.

Housing Supply in Saugerties, NY

How many homes are available in Saugerties, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2829+3.6%

Summary: The Saugerties real estate market had 29 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 1514
-6.7%
4 69
+50.0%
5+ 11
0.0%

Summary: The Saugerties housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saugerties, 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 Saugerties in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Saugerties, NY

How long does it take to sell a home in Saugerties, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
164 Days67 Days-58.8%

Summary: Homes in Saugerties had an average of 67 days on market in Mar 2024, down by 58.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saugerties has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Saugerties; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

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