New - 3 days on Rocket
$7,707 Closing Credit¹
#73328504, Joseph Cipoletta, Listing Office: Aluxety
Saugus Housing Market Report December 2024•Essex County, Massachusetts
Housing Prices in Saugus, MA
How much do homes in Saugus, MA cost?
Housing Market Conditions
Is Saugus, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Saugus is a Seller's Market
Difference Since December 2023
Since last year, Saugus has remained a Seller's Market.
Insight
Saugus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$633,333$391/SqFt
+$33,333
+5.6%
Based on all homes sold in the last 12 months
Insight
Homes in Saugus have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Saugus was $633,333 in December 2024, up 5.6% from last year, and the median price per square foot was $391.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $300K | $365K | +21.7% |
| 22 Bedrooms | $483.7K | $525K | +8.5% |
| 33 Bedrooms | $610K | $632.5K | +3.7% |
| 44 Bedrooms | $660K | $758K | +14.8% |
| 55+ Bedrooms | $797.5K | $888K | +11.3% |
Summary: Saugus housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +21.7%. The home price for 2 bedroom homes increased by +8.5%. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes increased by +14.8%. The home price for 5 bedroom homes increased by +11.3%.
Housing supply in Saugus, MA
How many homes are available in Saugus, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 39Last MonthDec 2024 | ||
| 582 months agoNov 2024 | -32.8 % Change MoMNov – Dec |
Summary: The Saugus real estate market had 39 homes for sale in Dec 2024, a 32.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 21Last MonthDec 2024 | ||
| 202 months agoNov 2024 | +5.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 9 | 4 | -55.6% |
| 33 Bedrooms | 30 | 21 | -30.0% |
| 44 Bedrooms | 16 | 12 | -25.0% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Saugus housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -55.6%. The inventory for 3 bedroom homes decreased by -30.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Saugus, MA cost?
Over Asking Price14 Homes
At Asking Price0 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Saugus, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Saugus in December 2024, up by 5.0% month-over-month. Of the 21 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.
Days on Market for Saugus, MA
How long does it take to sell a home in Saugus, MA?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days7 Homes
Over 90 Days2 Homes
Insight
Many homes in Saugus are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 21 homes were sold in Saugus; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 38 DaysThis YearDec 2024 | ||
| 19 Days1 year agoDec 2023 | +99.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Saugus had an average listing age of 38 days in Dec 2024, up by 99.9% compared to the previous year.
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Newest Listings in Saugus, MA
What homes are available in Saugus, MA?
New - 3 days on Rocket
$4,904 Closing Credit¹
#73328272, The Kim Perrotti Team, Listing Office: Leading Edge Real Estate
New - 4 days on Rocket
$10,000 Closing Credit¹
#73328035, Matthew McKenzie, Listing Office: Berkshire Hathaway HomeServices Verani Realty Bradford
New - 4 days on Rocket
$6,234 Closing Credit¹
#73327905, The Sarkis Team, Listing Office: Douglas Elliman Real Estate - The Sarkis Team
New - 4 days on Rocket
$10,000 Closing Credit¹
#73327903, The Sarkis Team, Listing Office: Douglas Elliman Real Estate - The Sarkis Team
New - 5 days on Rocket
$4,156 Closing Credit¹
#73327643, DNA Realty Group, Listing Office: Keller Williams Realty
$7,707 Closing Credit¹
#73327047, Zsanett Marmanidis, Listing Office: Lion Real Estate Group, LLC
$5,926 Closing Credit¹
#73327016, Desiree Taylor, Listing Office: Desired Homes Realty LLC
$7,719 Closing Credit¹
#73326493, Michael Bulman, Listing Office: Conway - Hanover
Backup offers
$8,301 Closing Credit¹
#73326385, Keith Littlefield, Listing Office: Littlefield Real Estate, LLC
$6,828 Closing Credit¹
#73324550, Demostenes Nunez, Listing Office: Tremont Realty Group, LLC
$7,113 Closing Credit¹
#73324126, Patrick O'Donnell, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 01/01/2023 - 01/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/25/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.