Quantcast

Suffolk Reporter

Friday, April 18, 2025

Lake Grove home prices fall in December 2017

Re 4

The median sale price of a home sold in December 2017 in Lake Grove fell by $25,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In December 2017, there were five homes sold, with a median sale price of $270,000 - a 8.5% decrease over the $295,000 median sale price for the same period of the previous year. There were seven homes sold in Lake Grove in December 2016.

The following table compares Lake Grove to other Suffolk County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Central Islip3340-17.5%$285,000$255,00011.8%
Bay Shore231921.1%$282,000$310,000-9%
Sound Beach1217-29.4%$275,250$265,0003.9%
North Patchogue611-45.5%$271,250$319,300-15%
Middle Island1617-5.9%$270,000$170,00058.8%
Lake Grove57-28.6%$270,000$295,000-8.5%
East Farmingdale12-50%$255,000$565,000-54.9%
Rocky Point1416-12.5%$251,750$248,999.501.1%
Wading River1012-16.7%$244,085$400,000-39%
Patchogue910-10%$239,900$286,250-16.2%
Riverhead1415-6.7%$223,250$365,000-38.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS