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Suffolk Reporter

Wednesday, December 18, 2024

Head of the Harbor home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Head of the Harbor fell by $375,000 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2017, there were five homes sold, with a median sale price of $775,000 - a 32.6% decrease over the $1,150,000 median sale price for the same period of the previous year. There were two homes sold in Head of the Harbor in the fourth quarter of 2016.

The following table compares Head of the Harbor 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)
Lloyd Harbor919-52.6%$899,000$1,146,500-21.6%
Orient611-45.5%$877,250$699,00025.5%
Huntington Bay47-42.9%$860,000$740,00016.2%
Shelter Island69-33.3%$827,500$1,115,000-25.8%
Tuckahoe910-10%$800,000$818,500-2.3%
Head of the Harbor52150%$775,000$1,150,000-32.6%
Shinnecock Hills186200%$762,500$737,5003.4%
Remsenburg-Speonk78-12.5%$760,000$1,077,500-29.5%
Fire Island197171.4%$725,000$690,0005.1%
Greenport West11110%$720,000$349,000106.3%
Ocean Beach10825%$677,000$481,00040.7%

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