Pango Group

Saugus, CA

Single-Family Homes

www.pangogroup.com



Saugus, CA

Fri Dec 14 2018
This week the median list price for Saugus, CA is $681,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 96. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Saugus, CA

Fri Dec 14 2018
This week the median list price for Saugus, CA is $681,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 96. 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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Saugus market.
Median List Price $681,000
Per Square Foot $279
Days on Market 74
Price Decreased 44%
Price Increased 7%
Relisted 10%
Inventory 96
Median House Rent
Most Expensive $1,399,000
Least Expensive $435,000
Market Action Index
Slight Seller's Advantage
41

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

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$947,000 3,697 8,000 - 10,000 sqft 5 3 7 6 2 77
$734,499 2,750 6,500 - 8,000 sqft 4 2 16 5 2 60
$625,000 2,213 6,500 - 8,000 sqft 4 2 17 4 7 99
$526,000 1,577 8,000 - 10,000 sqft 3 1 29 5 3 59