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Suffolk Reporter

Wednesday, December 18, 2024

Melville home prices rise in December 2017

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The median sale price of a home sold in December 2017 in Melville rose by $167,000 while total sales decreased by 42.3%, according to BlockShopper.com.

In December 2017, there were 15 homes sold, with a median sale price of $739,000 - a 29.2% increase over the $572,000 median sale price for the same period of the previous year. There were 26 homes sold in Melville in December 2016.

The following table compares Melville 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)
Cold Spring Harbor24-50%$827,000$601,37537.5%
Shoreham31200%$802,213$430,00086.6%
Springs151050%$780,000$602,25029.5%
Head of the Harbor30-$775,000$0-
Orient25-60%$747,750$1,450,000-48.4%
Melville1526-42.3%$739,000$572,00029.2%
Huntington1422-36.4%$739,000$575,50028.4%
Fire Island9580%$725,000$750,000-3.3%
Shinnecock Hills73133.3%$725,000$700,0003.6%
East Quogue911-18.2%$718,689$535,00034.3%
Bellport61500%$692,500$509,00036.1%

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