TOWN & COUNTRY NORTH FORK 3RD QUARTER 2016 HOME SALES REPORT

October 20th, 2016 - by Judi Desiderio
Filed under: Home Sales Reports, market conditions

2016 3rd Quarter Home Sales on Long Island’s North Fork demonstrates the heightened interest in these beautiful hamlets.

Jamesport (which includes Aquebogue, Baiting Hollow and South Jamesport) saw 22 homes trade hands, a 37.5% increase from last year’s 16 sales, same quarter. Additionally, the Total Home Sales Volume rose 31% from $7.1M in 2015 to $9.3M in 2016.

Mattituck (which includes Laurel and Cutchogue) enjoyed a great July, August and September this year with a 13% increase in Number of Home Sales, a 41% spike in Total Home Sales Volume and a 6% rise in Median Home Sales Price to $520,000. In fact, Mattituck (which includes Laurel and Cutchogue) recorded the 3 highest price sales for the quarter, all over $2M.

Southold (which includes New Suffolk and Peconic) had 2 less home sales for the quarter and a 12% decline in Total Home Sales Volume, but the Median Home Sales Price price remained steady at $465,000.

Orient (which includes East Marion and Greenport) experienced a similar pull back with 1 less home sale and a 20% drop in Total Home Sales Volume. Yet the Median Home Sales Price price ticked up to $515,000 or 2.7% increase.

“Our North Fork markets are poised to continue enjoying increased activity for the remainder of the year”, stated Judi Desiderio, Chief Operating Officer.

Looking at All North Fork Markets Combined and you see most categories safely in the black.

To view all reports visit http://www.townandcountryhamptons.com/html/marketReports.php




3 Responses to “TOWN & COUNTRY NORTH FORK 3RD QUARTER 2016 HOME SALES REPORT”

  1. Burton Rudasill Says:

    Wonderful blog you have here but I was curious if you knew of any discussion boards that cover the same topics talked about here? I’d really like to be a part of group where I can get suggestions from other knowledgeable people that share the same interest. If you have any suggestions, please let me know. Kudos!

  2. Marilu Thill Says:

    Outstanding post however I was wondering if you could write a litte more on this subject? I’d be very thankful if you could elaborate a little bit further. Bless you!

  3. Suzanne Checkett Says:

    I really like what you guys are usually up too. This type of clever work and coverage! Keep up the awesome works guys I’ve added you guys to my blogroll.

Leave a Reply