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Suffolk Reporter

Thursday, November 7, 2024

Shoreham home prices rise in the second half of 2017

Realestate4

The median sale price of a home sold in the second half of 2017 in Shoreham rose by $372,213 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From July through December of 2017, there were five homes sold, with a median sale price of $802,213 - a 86.6% increase over the $430,000 median sale price for the same period of the previous year. There were five homes sold in Shoreham in the second half of 2016, as well.

The following table compares Shoreham to other Suffolk County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Shinnecock Hills3412183.3%$847,500$700,00021.1%
Orient1218-33.3%$840,250$715,50017.4%
Old Field71600%$840,000$1,025,000-18%
Tuckahoe17170%$837,000$780,0007.3%
North Sea787011.4%$829,500$717,50015.6%
Shoreham550%$802,213$430,00086.6%
Head of the Harbor14955.6%$775,000$675,00014.8%
Shelter Island1217-29.4%$772,500$840,000-8%
Fire Island2612116.7%$737,500$707,5004.2%
Springs1027830.8%$687,500$635,0008.3%
Melville12710619.8%$685,000$693,750-1.3%

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