$7,541 Closing Credit*
$635,000
1,760 SqFt
4 Beds
•1 Full Bath, 1 Partial
#73311862, Sharon Lucido, Listing Office: Lucido Real Estate, LLC
Is Sagamore Beach, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sagamore Beach was a Seller's Market.
Key Takeaway
Sagamore Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sagamore Beach, MA
How much do homes in Sagamore Beach, MA cost?
Median Sold Price
$719,500
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,500(+7.4%)
Key Takeaway
Homes in Sagamore Beach have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Sagamore Beach was $719,500 in October 2024, up 7.4% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $335K | N/A |
| 2 Bedrooms | $749K | $500K | -33.2% |
| 3 Bedrooms | $660.7K | $747K | +13.1% |
| 4 Bedrooms | $825K | $670K | -18.8% |
| 5+ Bedrooms | $950K | $1.0M | +7.1% |
Summary: Sagamore Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Sagamore Beach, MA
How many homes are available in Sagamore Beach, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Sagamore Beach real estate market had 24 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sagamore Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sagamore Beach, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Sagamore Beach in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Sagamore Beach, MA
How long does it take to sell a home in Sagamore Beach, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 30 Days | +70.2% |
Summary: Homes in Sagamore Beach had an average of 30 days on market in Oct 2024, up by 70.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sagamore Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Sagamore Beach; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
