2019 Mid-Year Analysis
MARKET REPORT January 1st through June 30th
21 Offices Located Throughout Long Island
HUNTINGTON
COMMACK
NORTHPORT
LOCUST VALLEY
SMITHTOWN WOODBURY
EAST NORTHPORT
MILLER
SYOSSET HICKSVILLE
COLD SPRING HARBOR
GARDEN CITY
DIX HILLS BABYLON ROCKVILLE CENTRE FLORAL PARK MERRICK
WANTAGH* MASSAPEQUA PARK
Table of Contents Babylon Township
PLACE
5
Brookhaven Township
6-7
Hempstead Township
8-9
Huntington Township
10
Islip Township
11
North Hempstead Township
12
Oyster Bay Township
14-15
Smithtown Township
16
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Mid-Year Review
A MARKET ON THE RISE The summer season is full of sunshine, beach days, road trips, bbq’s and vacations. We hope you are enjoying this time with your family and friends and taking advantage of all the beauty that Long Island has to offer. Even with all of the distractions of summer, serious buyers are out shopping for new homes in full force! Just like the temperature outside the local real estate market remains HOT…The Multiple Listing Service of Long Island reports the median sale price for residential homes sold in Suffolk County is up 8% while Nassau County saw prices increase 6% year-over-year. Pending home sale activity also continued to rise with Suffolk posting a jump of 5% from the previous year, while Nassau saw an increase of 2%. As we follow the trends in Long Island real estate we must make note of the strength of the entry level and trade up markets as bidding wars and stiff competition continues. We are keeping a close eye on the luxury markets and will report back next quarter. However, one fact remains, if you price your home competitively the market will react positively… The latest edition of the Signature Premier Properties Market Report is a half year comparison of residential sales activity for 2018 and 2019 in Nassau and Suffolk counties. Included in this report is the number of residential homes sold with sales prices and days on the market for over 170 towns on Long Island. Whether you are considering selling your home or looking to purchase the home of your dreams, we hope you find this information useful. Your Signature Premier Properties Real Estate Professional understands market trends and can guide you during every step of your journey. With 21 offices and over 1,200 agents Signature Premier Properties is proud to say, “we are the fastest growing real estate company on Long Island.” We encourage you to put your trust in our TEAM!
4
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BABYLON TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Amity Harbor
$356,100
$361,502
1.5%
15
13
76
95
Amityville
$343,382
$400,346
16.6%
79
77
63
51
Babylon
$539,716
$500,293
-7.3%
58
68
82
67
Copiague
$336,027
$360,707
7.3%
79
80
72
70
Deer Park
$373,402
$396,768
6.3%
129
113
59
62
Lindenhurst
$353,301
$382,670
8.3%
216
202
71
70
North Babylon
$360,878
$391,800
8.6%
77
73
57
51
West Babylon
$353,807
$390,767
10.4%
127
143
60
59
Wheatley Heights
$381,875
$396,786
3.9%
28
21
60
81
Wyandanch
$193,102
$270,933
42.6%
39
53
71
65
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5
BROOKHAVEN TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
6
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Belle Terre
$901,625
$896,500
-0.6%
6
6
143
157
Bellport
$209,510
$267,082
27.5%
40
32
73
64
Blue Point
$470,524
$508,000
8.0%
21
15
88
91
Brookhaven
$363,638
$430,621
18.4%
19
16
128
92
Center Moriches
$387,719
$470,793
21.4%
61
44
147
116
Centereach
$326,928
$342,937
4.9%
114
118
60
72
Coram
$308,649
$323,705
4.9%
116
113
90
77
East Moriches
$409,366
$451,906
10.4%
30
31
109
96
East Setauket
$439,034
$408,858
-6.9%
36
30
77
75
Farmingville
$321,548
$351,641
9.4%
70
66
83
62
Holbrook
$379,211
$383,367
1.1%
83
91
56
62
Holtsville
$390,566
$399,236
2.2%
32
46
60
52
Lake Grove
$387,569
$443,470
14.4%
57
47
97
70
Lake Ronkonkoma $329,803
$363,819
10.3%
62
52
52
54
Manorville
$465,539
$455,739
-2.1%
46
66
100
99
Mastic
$207,010
$224,312
8.4%
91
108
71
74
Medford
$318,444
$322,462
1.3%
127
159
67
74
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BROOKHAVEN TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Middle Island
$264,426
$305,639
15.6%
42
42
85
93
Miller Place
$459,214
$445,954
-2.9%
54
62
91
109
Moriches
$390,846
$375,633
-3.9%
13
15
120
65
Mt Sinai
$482,460
$514,107
6.6%
55
51
94
74
Patchogue
$304,024
$336,000
10.5%
137
134
66
63
Port Jefferson
$473,922
$541,482
14.3%
43
38
147
117
Pt Jefferson Station $339,350
$357,315
5.3%
94
118
66
71
Ridge
$306,316
$336,220
9.8%
48
49
112
73
Rocky Point
$279,520
$292,087
4.5%
100
98
75
84
Selden
$310,813
$322,848
3.9%
130
129
68
65
Setauket
$707,602
$661,947
-6.5%
64
69
106
114
Shirley
$228,454
$258,808
13.3%
199
170
83
68
Shoreham
$438,223
$486,469
11.0%
32
37
105
98
Sound Beach
$262,329
$288,439
10.0%
60
46
66
70
Stony Brook
$467,687
$455,593
-2.6%
55
69
76
81
Yaphank
$295,452
$310,223
5.0%
31
26
69
69
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7
HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
8
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Atlantic Beach
$840,319
$1,037,222
23.4%
12
9
168
73
Baldwin
$437,168
$453,256
3.7%
103
103
80
80
Baldwin Harbor
$473,271
$468,750
-1.0%
7
4
150
139
Bellerose
$655,589
$653,710
-0.3%
56
41
75
91
Bellmore
$558,521
$544,322
-2.5%
80
68
103
69
Cedarhurst
$701,826
$831,267
18.4%
23
15
55
69
East Meadow
$517,238
$559,170
8.1%
147
119
60
60
East Rockaway
$462,294
$483,357
4.6%
44
51
90
93
Elmont
$423,533
$468,447
10.6%
118
141
74
66
Floral Park
$618,837
$628,491
1.6%
102
104
64
84
Franklin Square
$534,097
$554,821
3.9%
80
87
65
67
Freeport
$363,613
$391,830
7.8%
157
147
90
87
Garden City
$979,547
$1,024,218
4.6%
97
93
64
77
Garden City South $610,182
$650,673
6.6%
11
11
62
68
Hewlett
$580,729
$650,257
12.0%
24
29
123
70
Hewlett Harbor
$1,003,714
$1,028,571
2.5%
7
7
99
97
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HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Hewlett Neck
$1,270,000
$1,150,000
-9.4%
5
2
203
180
Inwood
$478,531
$300,786
-37.1%
16
7
121
72
Island Park
$380,403
$459,196
20.7%
32
28
74
88
Lawrence
$1,053,378
$1,227,333
16.5%
9
15
62
92
Levittown
$433,395
$448,956
3.6%
196
214
56
55
Lido Beach
$901,382
$899,500
-0.2%
17
10
180
109
Long Beach
$583,830
$629,892
7.9%
96
104
88
89
Lynbrook
$508,324
$517,109
1.7%
83
69
55
72
Malverne
$534,943
$524,598
-1.9%
59
51
53
86
Merrick
$626,076
$595,635
-4.9%
114
131
97
65
Mineola
$607,616
$580,797
-4.4%
46
38
49
51
New Hyde Park
$693,768
$681,202
-1.8%
124
119
62
77
North Baldwin
$407,222
$460,606
13.1%
36
36
85
76
North Bellmore
$537,140
$522,897
-2.7%
68
77
68
77
North Merrick
$508,501
$559,560
10.0%
28
22
59
95
Oceanside
$525,923
$517,108
-1.7%
121
121
78
85
Pt Lookout
$1,007,433
$926,667
-8.0%
12
6
163
112
Rockville Centre
$702,119
$740,951
5.5%
120
81
81
78
Roosevelt
$329,958
$382,680
16.0%
70
71
75
66
S. Hempstead
$470,000
$373,225
-20.6%
14
8
43
122
Stewart Manor
$610,438
$647,214
6.0%
8
7
47
43
Uniondale
$366,635
$389,800
6.3%
75
46
67
65
Valley Stream
$478,136
$497,622
4.1%
217
197
68
72
Wantagh
$536,972
$554,667
3.3%
136
131
63
68
West Hempstead
$451,010
$510,227
13.1%
92
98
59
81
Woodmere
$800,147
$770,521
-3.7%
38
35
75
76
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9
HUNTINGTON TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
10
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Centerport
$633,876
$702,904
10.9%
41
48
66
88
Cold Spring Harbor $1,494,045
$1,171,016
-21.6%
22
16
136
82
Commack
$519,022
$516,644
-0.5%
120
131
57
82
Dix Hills
$742,078
$754,347
1.7%
115
139
97
100
East Northport
$498,510
$514,253
3.2%
115
123
60
66
Ft Salonga
$654,778
$705,833
7.8%
9
9
73
155
Greenlawn
$590,603
$662,057
12.1%
40
49
73
114
Huntington
$616,254
$607,949
-1.3%
208
179
90
74
Huntington Bay
$991,367
$1,442,875
45.5%
12
12
113
96
Huntington Station $368,799
$412,813
11.9%
139
128
57
62
Lloyd Harbor
$1,732,275
$1,674,398
-3.3%
8
22
100
144
Lloyd Neck
$1,151,875
$1,187,833
3.1%
8
6
94
114
Melville
$729,132
$738,723
1.3%
64
60
102
80
Northport
$680,535
$742,367
9.1%
78
99
90
99
South Huntington
$451,086
$512,004
13.5%
28
19
83
101
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ISLIP TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Bay Shore
$337,444
$378,851
12.3%
244
247
87
81
Bayport
$523,408
$474,350
-9.4%
25
25
77
89
Bohemia
$398,687
$372,847
-6.5%
37
43
83
82
Brentwood
$306,455
$337,469
10.1%
158
165
87
58
Brightwaters
$465,800
$501,900
7.8%
10
10
38
83
Central Islip
$272,542
$309,636
13.6%
158
138
86
92
East Islip
$475,020
$493,672
3.9%
51
63
101
86
Great River
$567,500
$535,000
-5.7%
5
2
63
18
Holbrook
$379,211
$383,367
1.1%
83
91
56
62
Holtsville
$390,566
$399,236
2.2%
32
46
60
52
Islandia
$273,278
$317,038
16.0%
9
13
51
98
Islip
$373,969
$413,944
10.7%
50
45
76
57
Islip Terrace
$367,231
$390,352
6.3%
46
41
61
57
Lake Ronkonkoma $329,803
$363,819
10.3%
62
52
52
54
Oakdale
$432,035
$481,244
11.4%
49
36
102
59
Ronkokoma
$338,697
$366,325
8.2%
120
116
68
68
Sayville
$486,812
$460,175
-5.5%
60
53
71
56
West Islip
$454,655
$506,468
11.4%
95
98
58
72
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11
NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
12
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Albertson
$777,305
$762,778
-1.9%
21
18
75
101
Carle Place
$486,455
$585,536
20.4%
11
14
58
81
East Hills
$1,367,587
$1,155,581
-15.5%
32
31
97
90
East Williston
$906,083
$894,182
-1.3%
12
11
81
70
Floral Park
$618,837
$631,179
2.0%
102
53
64
89
Great Neck
$1,443,676
$1,407,472
-2.5%
142
118
100
106
Manhasset
$1,904,313
$1,931,207
1.4%
75
81
106
106
Manhasset Hills
$975,183
$844,000
-13.5%
18
7
55
75
Port Washington
$924,189
$1,005,432
8.8%
92
90
73
96
Roslyn
$909,545
$1,153,173
26.8%
33
26
212
95
Roslyn Estates
$1,407,500
$1,310,889
-6.9%
6
9
37
101
Roslyn Harbor
$1,337,500
$1,940,714
45.1%
4
7
123
126
Rosyn Heights
$1,210,104
$1,012,694
-16.3%
37
31
111
103
Sands Point
$2,086,404
$2,724,444
30.6%
13
9
112
271
Searingtown
$927,125
$927,600
0.1%
4
5
107
114
Westbury
$493,440
$481,541
-2.4%
121
152
74
78
Williston Park
$630,019
$635,717
0.9%
27
23
49
53
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OYSTER BAY TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
14
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Bayville
$588,776
$619,033
5.1%
30
30
72
161
Bethpage
$484,267
$515,788
6.5%
72
81
65
60
Brookville
$2,063,091
$1,906,967
-7.6%
11
15
231
147
Centre Island
$1,422,500
$1,621,667
14.0%
2
3
377
129
Cove Neck
$1,333,333
$1,040,000
-22.0%
3
2
150
265
East Norwich
$657,618
$660,964
0.5%
17
13
86
114
Farmingdale
$454,149
$465,562
2.5%
128
117
64
56
Glen Cove
$610,938
$600,459
-1.7%
80
75
111
94
Glen Head
$781,825
$826,333
5.7%
30
21
92
106
Glenwood Landing $522,800
$560,250
7.2%
5
7
140
57
Greenvale
$496,500
$815,000
64%
4
2
164
80
Hicksville
$494,120
$509,808
3.2%
147
167
52
59
Jericho
$990,219
$957,302
-3.3%
57
62
96
89
Lattingtown
$1,933,625
$1,514,667
-21.7%
8
9
112
225
Laurel Hollow
$1,335,500
$1,361,900
2.0%
10
10
150
151
Locust Valley
$665,916
$855,381
28.5%
25
21
107
91
Massapequa
$534,428
$549,683
2.9%
190
216
74
72
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OYSTER BAY TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Massapequa Park
$532,810
$582,563
9.3%
89
86
61
69
Muttontown
$1,616,808
$1,387,500
-14.2%
13
13
177
127
North Massapequa $472,740
$480,112
1.6%
27
32
71
65
Old Bethpage
$673,282
$636,807
-5.4%
22
15
65
27
Old Brookville
$2,491,491
$1,921,875
-22.9%
12
8
145
130
Old Westbury
$2,331,946
$1,666,258
-28.5%
16
19
163
207
Oyster Bay
$594,039
$598,438
0.7%
18
24
90
72
Oyster Bay Cove
$1,141,454
$1,351,875
18.4%
11
16
133
168
Plainview
$609,143
$660,187
8.4%
146
150
69
65
Sea Cliff
$688,321
$839,485
22.0%
14
23
71
86
Seaford
$511,051
$495,490
-3.0%
95
102
64
67
Syosset
$808,310
$886,225
9.6%
116
98
64
88
Upper Brookville
$2,736,818
$1,812,100
-33.8%
11
10
274
188
Westbury
$493,440
$481,541
-2.4%
121
152
74
78
Woodbury
$1,027,500
$1,113,607
8.4%
22
35
99
111
Signature Premier Properties
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15
SMITHTOWN TOWNSHIP MARKET REPORT 2019 Mid-Year Analysis • January 1st - June 30th
%
16
Town
Average Sales Price 2018
Average Sales Price 2019
Year Over Year Change
No. Homes Sold 2018
No. Homes Sold 2019
No. Days on Market 2018
No. Days on Market 2019
Commack
$519,022
$516,644
-0.5%
120
131
57
82
Hauppauge
$502,195
$489,747
-2.5%
59
50
84
83
Head of the Harbor $1,436,375
$888,750
-38.1%
8
4
113
113
Kings Park
$450,704
1.9%
71
77
61
68
Lake Ronkonkoma $329,803
$363,819
10.3%
62
52
52
54
Nesconset
$472,263
$441,067
-6.6%
51
49
70
92
Nissequogue
$829,563
$954,500
15.1%
8
10
135
110
Smithtown
$497,036
$533,777
7.4%
139
153
73
76
St James
$525,904
$507,139
-3.6%
54
43
120
84
$442,450
Signature Premier Properties
877.273.3750 | signaturepremier.com
What sets Signature What sets apart? Signature apart?
part?
Ranked the Third Largest Real Estate Company on Long Island*
Voted One of Newsday’s Top Workplaces on Long Island 2018
Ranked the Third Real Estate Company on Long Island*Best Voted Workplaces on Bethpage of Long One Islandof forNewsday’s Three Years inTop a Row 36% Increase in SalesLargest Dollar Volume YoY 2017-2019
$2 Billion in Under Volume in 2018 YoY the MarketBest from of ListLong to Sale 36% Increase in Contract Sales Dollar Volume Bethpage Island for Three Years i Year Over Year Fewest Days on 21 Offices Island Volume in 2018 $2 BillionThroughout in UnderLong Contract
1200+ Sales Professionals Fewest Days
21 Offices Throughout Long Island Island*
on the Market from List to Sale
1200+ Sales Professionals
Voted One of Newsday’s Top Workplaces on Long Island 2018
Feel like you’re drowning in your career? Fewest Days on the Market from List to Sale We’relike here to throwdrowning you a lifeline. Feel you’re in your career? 1200+ Sales Professionals Call today for a confidential interview. Bethpage Best of Long Island for Three Years in a Row 2017-2019
We’re here to throw you a lifeline. today for a confidential interview. ng inCall your career? Peter Morris & Kathy Kirby-Viard Owners, Licensed Real Estate Brokers Peter's Cell: 631.332.0118 Kathy's Cell: 631.902.0400
u a lifeline. Peter Morris & Kathy Kirby-Viard Owners, Licensed Real Estate Brokers ntialPeter's interview. Cell: 631.332.0118
*Information obtained from MLSLI, top 10 real estate companies for residential closed sales in Nassau and Suffolk counties 1/1/2018 - 12/31/2018 Information obtained from MLSLI, top 10 real estate companies for closed, residential, condo, land, & commercial listings in all counties 1/1/2017 - 12/31/2018
BABYLON
HICKSVILLE
NORTHPORT
126 W Main Street Babylon, NY 11702
111 Levittown Parkway Hicksville, NY 11801
180 Main Street Northport, NY 11768
Office: 631.422.3100
Office: 516.935.0700
Office: 631.754.3600
COLD SPRING HARBOR
HUNTINGTON
ROCKVILLE CENTRE
157 Main Street Cold Spring Harbor, NY 11724
157 East Main Street Huntington, NY 11743
75 Seaman Avenue Rockville Centre NY, 11570
Office: 631.692.4800
Office: 631.673.3700
Office: 516.766.7900
COMMACK
LOCUST VALLEY
SAYVILLE
21 Vanderbilt Motor Pkwy Commack, NY 11725 Office: 631.499.6400
41 The Plaza Locust Valley, NY 11560
95 Main Street Sayville, NY 11782
Office: 516.759.4400
DIX HILLS
MASSAPEQUA PARK
15 East Deer Park Road Dix Hills, NY 11746
4863 Merrick Road Massapequa NY, 11762
Office: 631.673.3900
Office: 516.799.7100
EAST NORTHPORT
MEDFORD
190 Laurel Road East Northport, NY 11731
3080 Route 112 Medford NY 11763
Office: 631.368.6800
Office: 631.512.4520
SMITHTOWN 7 West Main Street Smithtown, NY 11787 Office: 631.360.2800
SYOSSET 33 Jackson Avenue Syosset, NY 11791 Office: 516.921.1400
WANTAGH
FLORAL PARK
MERRICK
142 Plainfield Avenue Floral Park, NY 11001
324 Merrick Avenue Merrick, NY 11566
Office: 516.492.3210
Office: 516.546.6300
WOODBURY
GARDEN CITY
MILLER PLACE
7952 Jericho Turnpike Woodbury, NY 11797
730 Franklin Avenue Garden City, NY 11530
275 Route 25A Miller Place, NY 11764 Office: 631.642.2300
Office: 516.741.4333
1867 Wantagh Avenue Wantagh, NY 11793
Office: 516.496.0300
MAIN: 877.273.3750
18
Signature Premier Properties
877.273.3750 | signaturepremier.com