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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saugerties is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Saugerties is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Saugerties, NY

How much do homes in Saugerties, NY cost?

Median Sold Price

$465,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$89,000(+23.7%)

Key Takeaway

Homes in Saugerties have sold for 23.7% more than they did a year ago.

Summary: The median home sold price in Saugerties was $465,000 in November 2024, up 23.7% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$403K
N/A
2 $329K$406.5K
+23.6%
3 $371.5K$479.5K
+29.1%
4 $367.5K$597K
+62.4%
5+ $855K$525K
-38.6%

Summary: Saugerties housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 62.4%, and 5+ bedroom homes decreased by 38.6%.

Housing Supply in Saugerties, NY

How many homes are available in Saugerties, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3937-5.1%

Summary: The Saugerties real estate market had 37 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1515
0.0%
4 108
-20.0%
5+ 77
0.0%

Summary: The Saugerties housing inventory by bedroom type for November 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 decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 November 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

Nov 2023Nov 2024CHANGE
65 Days56 Days-12.9%

Summary: Homes in Saugerties had an average of 56 days on market in Nov 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 November 2024, 5 homes were sold in Saugerties; 20% of homes were sold within 30 days, 60% 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 2 Days Ago

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