$8,668 Closing Credit*
$729,900
3 Beds
•2 Full Baths
Etienne Carmenaty, Listing Office: Holy Keys Realty Group LLC
Is Saga Bay / East Cutler, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Saga Bay / East Cutler was a Seller's Market.
Key Takeaway
Saga Bay / East Cutler is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saga Bay / East Cutler, FL
How much do homes in Saga Bay / East Cutler, FL cost?
Median Sold Price
$764,950
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$164,950(+27.5%)
Key Takeaway
Homes in Saga Bay / East Cutler have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Saga Bay / East Cutler was $764,950 in November 2024, up 27.5% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.5K | $197.5K | +4.8% |
| 2 Bedrooms | $274K | $286K | +4.4% |
| 3 Bedrooms | $505K | $550K | +8.9% |
| 4 Bedrooms | $707.5K | $845K | +19.4% |
| 5+ Bedrooms | $1.0M | $1.0M | -0.5% |
Summary: Saga Bay / East Cutler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 4.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Saga Bay / East Cutler | $600K | $764.9K | +27.5% |
| Saga Bay | $660K | $710K | +7.6% |
| Cutler Cay | $1.0M | $1.0M | +3.0% |
Housing Supply in Saga Bay / East Cutler, FL
How many homes are available in Saga Bay / East Cutler, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 68 | 0.0% |
Summary: The Saga Bay / East Cutler real estate market had 68 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The Saga Bay / East Cutler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Saga Bay / East Cutler, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Saga Bay / East Cutler in November 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Saga Bay / East Cutler, FL
How long does it take to sell a home in Saga Bay / East Cutler, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 58 Days | +34.2% |
Summary: Homes in Saga Bay / East Cutler had an average of 58 days on market in Nov 2024, up by 34.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saga Bay / East Cutler are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Saga Bay / East Cutler; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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