Is Sagamore Beach, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sagamore Beach has remained a Seller's Market.
Housing Prices in Sagamore Beach, MA
How much do homes in Sagamore Beach, MA cost?
Median Sold Price
$725,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sagamore Beach was $725,000 in May 2024, up 11.5% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $322.4K | $335K | +3.9% |
2 Bedrooms | $519.9K | $569.9K | +9.6% |
3 Bedrooms | $668.5K | $725K | +8.5% |
4 Bedrooms | $650K | $792.2K | +21.9% |
5+ Bedrooms | $1.0M | $1.4M | +38.1% |
Summary: Sagamore Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 38.1%.
Housing Supply in Sagamore Beach, MA
How many homes are available in Sagamore Beach, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The Sagamore Beach real estate market had 20 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Sagamore Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sagamore Beach in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 51 Days | +414.0% |
Summary: Homes in Sagamore Beach had an average of 51 days on market in May 2024, up by 414% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Sagamore Beach; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.