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 December 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

$428,500

$265/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$53,500(+14.3%)

Key Takeaway

Homes in Saugerties have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Saugerties was $428,500 in December 2024, up 14.3% from last year, and the median price per square foot was $265.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $311K$236.4K
-24.0%
2 $310K$349.9K
+12.9%
3 $392.4K$448.5K
+14.3%
4 $440K$560K
+27.3%
5+ $529.5K$497.5K
-6.0%

Summary: Saugerties housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 6%.

Housing Supply in Saugerties, NY

How many homes are available in Saugerties, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
122108-11.5%

Summary: The Saugerties real estate market had 108 homes for sale in December 2024, a 11.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 3026
-13.3%
3 5646
-17.9%
4 1818
0.0%
5+ 1717
0.0%

Summary: The Saugerties housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Saugerties in December 2024, up by 10.5% month-over-month. Of the 21 sold homes, 71% were sold under asking, 10% were sold at asking, and 19% 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

Dec 2023Dec 2024CHANGE
78 Days88 Days+13.7%

Summary: Homes in Saugerties had an average of 88 days on market in Dec 2024, up by 13.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 December 2024, 21 homes were sold in Saugerties; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

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