From October through December of 2017, there were 59 homes sold, with a median sale price of $610,000 - a 3.6% decrease over the $632,500 median sale price for the same period of the previous year. There were 51 homes sold in Melville in the fourth quarter of 2016.
The following table compares Melville to other Suffolk County cities with similar median sales prices in the fourth quarter of 2017:
City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Huntington | 48 | 55 | -12.7% | $670,000 | $508,012 | 31.9% |
Nissequogue | 3 | 9 | -66.7% | $670,000 | $600,000 | 11.7% |
Dix Hills | 99 | 81 | 22.2% | $645,000 | $650,000 | -0.8% |
East Quogue | 26 | 21 | 23.8% | $632,500 | $535,000 | 18.2% |
Fort Salonga | 34 | 31 | 9.7% | $623,000 | $585,000 | 6.5% |
Melville | 59 | 51 | 15.7% | $610,000 | $632,500 | -3.6% |
Halesite | 18 | 6 | 200% | $582,500 | $633,750 | -8.1% |
Cold Spring Harbor | 15 | 17 | -11.8% | $580,000 | $622,750 | -6.9% |
Eatons Neck | 5 | 2 | 150% | $579,000 | $434,409.50 | 33.3% |
Westhampton | 17 | 19 | -10.5% | $565,000 | $532,000 | 6.2% |
Village of the Branch | 5 | 3 | 66.7% | $546,500 | $515,000 | 6.1% |