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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sauquoit is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Sauquoit, NY

How much do homes in Sauquoit, NY cost?

Median Sold Price

$208,316

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$31,583(-13.2%)

Key Takeaway

Homes in Sauquoit have sold for 13.2% less than they did a year ago.

Summary: The median home sold price in Sauquoit was $208,316 in September 2024, down 13.2% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$59.9K
N/A
2 $171.5K$76.1K
-55.6%
3 $200K$205.7K
+2.9%
4 $260K$203.3K
-21.8%
5+ $269K$230.8K
-14.2%

Summary: Sauquoit housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 55.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes decreased by 14.2%.

Median Sold Price Compared To Nearby Cities

Paris
-0.8%
Sauquoit
-13.2%

Housing Supply in Sauquoit, NY

How many homes are available in Sauquoit, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1012+20.0%

Summary: The Sauquoit real estate market had 12 homes for sale in September 2024, a 20.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 24
+100.0%
5+ 11
0.0%

Summary: The Sauquoit housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sauquoit, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Sauquoit in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sauquoit, NY

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

Average Sale Time

Sep 2023Sep 2024CHANGE
21 Days6 Days-70.2%

Summary: Homes in Sauquoit had an average of 6 days on market in Sep 2024, down by 70.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sauquoit are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 4 homes were sold in Sauquoit; 100% of homes were sold within 30 days, 0% 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 Sep 1, 2024

Newest Listings in Sauquoit, NY

Nearby Markets to Sauquoit, NY

What housing markets are near Sauquoit, NY?