Homes and Real Estate for Sale in Saugus
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Saugus Homes Market Update


Single Family Homes Market Update for Saugus, CA


Fri Sep 08 2017 

This week the median list price for Saugus, CA is $628,999 with the market action index hovering around 81. This is less than last month's market action index of 82. Inventory has held steady at or around 6. Click here to stay informed with the Saugus market!
 

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 Today
 Last Month
1000811000


Strong Seller's Market


Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

 

Real-Time Market Profile

Never miss important changes in the Saugus market.
Median List Price
$628,999
Per Square Foot
$245
Days on Market
68
Price Decreased
33%
Price Increased
0%
Relisted
17%
Inventory
6
Most Expensive   $735,000
Least Expensive   $539,000
Market Action Index 
Strong Seller's Market
81
Avg 7-DayAvg 90-DaySep 2014Nov 2014Jan 2015Apr 2015Jun 2015Aug 2015Nov 2015Jan 2016Mar 2016Jun 2016Aug 2016Oct 2016Dec 2016Mar 2017May 2017Jul 2017$400K$450K$500K$550K$600K$650K$700K$750K$800K






The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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david@scvrealty.com

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