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Suffolk Reporter

Thursday, November 7, 2024

Watermill home prices rise in 2017

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The median sale price of a home sold in 2017 in Watermill rose by $225,000 while total sales increased by 10.9%, according to BlockShopper.com.

From January through December of 2017, there were 61 homes sold, with a median sale price of $2,500,000 - a 9.9% increase over the $2,275,000 median sale price for the previous year. There were 55 homes sold in Watermill in 2016.

The following table compares Watermill to other Suffolk County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Watermill615510.9%$2,500,000$2,275,0009.9%
Bridgehampton57545.6%$2,443,000$1,550,00057.6%
East Hampton3435-2.9%$2,275,000$2,200,0003.4%
Sagaponack241926.3%$2,095,000$1,425,00047%
West Hampton Dunes1113-15.4%$2,025,000$2,000,0001.3%
Southampton103985.1%$1,995,000$1,520,00031.3%
North Haven1617-5.9%$1,870,000$2,550,000-26.7%
Amagansett44424.8%$1,637,500$1,650,000-0.8%
Sag Harbor5682-31.7%$1,522,500$1,262,50020.6%
Quogue594434.1%$1,455,000$1,440,0001%
Wainscott21205%$1,367,000$1,075,00027.2%

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