Southold (Suffolk County) home prices fall in May 2017

Southold (Suffolk County) home prices fall in May 2017
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The median sale price of a home sold in May 2017 in Southold in Suffolk County fell by $33,500 while total sales increased by 28.6%, according to BlockShopper.com.

In May 2017, there were 18 homes sold, with a median sale price of $497,500 – a 6.3% decrease over the $531,000 median sale price for the same period of the previous year. There were 14 homes sold in Southold in May 2016.

The following table compares Southold to other Suffolk County cities with similar median sales prices in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Westhampton 6 6 0% $522,500 $835,000 -37.4%
Elwood 4 11 -63.6% $520,000 $448,000 16.1%
Greenport 4 2 100% $517,500 $652,500 -20.7%
Remsenburg-Speonk 1 2 -50% $502,500 $1,021,500 -50.8%
Laurel 3 1 200% $499,000 $450,500 10.8%
Southold 18 14 28.6% $497,500 $531,000 -6.3%
East Marion 2 2 0% $495,937.50 $727,500 -31.8%
Amityville 8 7 14.3% $472,500 $285,000 65.8%
Smithtown 18 19 -5.3% $460,000 $409,000 12.5%
Manorville 10 6 66.7% $446,262.50 $405,000 10.2%
Greenlawn 14 12 16.7% $446,000 $346,500 28.7%

* This story only considers sales data for the part of Southold that is in Suffolk County.



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