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Suffolk Reporter

Thursday, November 7, 2024

Southold (Suffolk County) home prices rise in the fourth quarter of 2017

Re 7

The median sale price of a home sold in the fourth quarter of 2017 in Southold in Suffolk County rose by $6,000 while total sales increased by 29%, according to BlockShopper.com.

From October through December of 2017, there were 40 homes sold, with a median sale price of $525,000 - a 1.2% increase over the $519,000 median sale price for the same period of the previous year. There were 31 homes sold in Southold in the fourth quarter of 2016.

The following table compares Southold to other Suffolk County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Centerport17166.3%$540,000$526,249.502.6%
Northport1321-38.1%$540,000$575,000-6.1%
Smithtown7389-18%$535,000$435,55522.8%
Hampton Bays5158-12.1%$535,000$409,00030.8%
Brightwaters121020%$530,000$397,50033.3%
Southold403129%$525,000$519,0001.2%
West Hills272412.5%$520,000$527,500-1.4%
Great River9728.6%$512,000$435,00017.7%
Elwood36360%$504,999.50$394,50028%
Peconic131030%$500,000$435,50014.8%
Poquott52150%$500,000$1,065,000-53.1%
* This story only considers sales data for the part of Southold that is in Suffolk County.

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