Place fresh cranberries, sugar and water in a sauce pan or small pot. Mix well.
Turn up the heat to medium-high and bring to a boil.
Turn down the heat to medium. Cook for 10-12 minutes or until most of the cranberries have bursted. Be sure to stir frequently.
Remove from heat source. Let cool completely to room temperature. The sauce will thicken as it cools. Then transfer to an airtight container to store for later use.
Refrigerate up to a week. Serve & enjoy when ready!