2019 Third Quarter Report
MARKET REPORT July 1st through September 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
AMITY HARBOR
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
MEDFORD
SAYVILLE
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Year-to-Date
A HEALTHY REAL ESTATE MARKET So long summer, hello FALL! Everyone loves the change of seasons, and what better time to make a move than the next few months. If you are considering selling, the fall is an excellent time to list your home. Buyers are out in full force now that summer is over, and with prices still increasing and the demand strong, there may not be a better time to move. Generally, there are fewer homes to compete with during the fall season, serious buyers are still looking, and homes look beautiful during the holiday season. The fall season is full of color and activities on Long Island – from the pumpkin patches, corn mazes, and apple orchards, to the local fairs and hometown football and soccer games. 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. The real estate market on Long Island is healthy. The Multiple Listing Service of Long Island reports the median sale price for residential homes sold in Suffolk County is up 2.5% while Nassau County saw prices increase 1% year-over-year. Pending home sale activity also continued to rise with Suffolk posting a jump of 4% from the previous year, while Nassau saw an increase of 2.6%. As we follow the trends in Long Island real estate, we must make a note of the strength of the entry-level and trade-up markets, as bidding wars and stiff competition continues. The luxury market is not as competitive, but homes continue to sell. One fact remains, if you price your home correctly, the market will react positively... The latest edition of the Signature Premier Properties Market Report is the first nine months of the 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 22 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 Third Quarter Report • July 1st - September 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
$368,235
$373,302
1.4%
17
15
87
88
Amityville
$361,366
$388,877
7.6%
141
119
67
58
Babylon
$542,381
$501,601
-7.5%
92
113
80
66
Copiague
$347,686
$363,514
4.6%
118
122
75
67
Deer Park
$381,049
$403,227
5.8%
196
177
53
57
Lindenhurst
$357,569
$385,230
7.7%
324
321
67
66
North Babylon
$363,446
$396,625
9.1%
120
127
65
51
West Babylon
$360,033
$390,731
8.5%
216
243
54
56
Wheatley Heights
$395,964
$400,923
1.3%
35
35
54
66
Wyandanch
$207,612
$265,095
27.7%
64
77
51
63
Signature Premier Properties
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5
BROOKHAVEN TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$1,031,975
$1,114,250
8.0%
10
8
151
171
Bellport
$232,549
$260,288
11.9%
69
45
62
78
Blue Point
$471,353
$503,045
6.7%
41
22
71
101
Brookhaven
$373,521
$419,247
12.2%
29
20
124
84
Center Moriches
$387,773
$465,636
20.1%
87
80
122
101
Centereach
$331,379
$356,783
7.7%
175
186
59
67
Coram
$318,160
$329,954
3.7%
178
174
82
76
East Moriches
$437,527
$462,683
5.7%
43
44
110
112
East Setauket
$420,050
$451,528
7.5%
53
64
78
74
Farmingville
$334,364
$348,131
4.1%
120
108
59
67
Holbrook
$395,837
$407,111
2.8%
148
154
52
54
Holtsville
$396,824
$421,747
6.3%
60
84
56
49
Lake Grove
$402,817
$444,431
10.3%
99
82
77
60
Lake Ronkonkoma $337,614
$358,765
6.3%
100
73
51
48
Manorville
$477,344
$444,153
-7.0%
80
97
98
94
Mastic
$215,661
$232,512
7.8%
152
162
69
66
Medford
$319,878
$338,144
5.7%
212
265
76
76
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BROOKHAVEN TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$288,586
$308,016
6.7%
69
61
75
81
Miller Place
$445,205
$452,412
1.6%
103
114
79
105
Moriches
$378,361
$369,031
-2.5%
18
19
126
82
Mt Sinai
$504,959
$521,345
3.2%
94
92
86
75
Patchogue
$311,466
$345,282
10.9%
217
206
56
61
Port Jefferson
$459,150
$532,835
16.0%
61
62
118
90
Pt Jefferson Station $351,165
$370,727
5.6%
161
195
62
72
Ridge
$314,179
$329,026
4.7%
83
82
98
74
Rocky Point
$285,031
$298,711
4.8%
151
159
71
76
Selden
$315,809
$328,682
4.1%
219
222
62
65
Setauket
$657,656
$644,202
-2.0%
117
111
86
102
Shirley
$234,738
$265,093
12.9%
297
278
81
66
Shoreham
$440,959
$466,099
5.7%
57
64
113
92
Sound Beach
$275,668
$282,935
2.6%
94
92
66
63
Stony Brook
$482,233
$490,131
1.6%
110
123
78
71
Yaphank
$295,343
$313,291
6.1%
42
43
64
58
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7
HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$1,126,402
$911,184
-19.1%
17
19
173
61
Baldwin
$446,222
$457,191
2.5%
182
187
76
72
Baldwin Harbor
$539,450
$440,286
-18.4%
12
7
117
119
Bellerose
$657,781
$639,348
-2.8%
80
58
64
82
Bellmore
$559,516
$556,818
-0.5%
138
117
89
78
Cedarhurst
$735,903
$804,800
9.4%
31
25
58
93
East Meadow
$522,110
$565,314
8.3%
235
210
56
62
East Rockaway
$459,320
$502,762
9.5%
66
80
95
82
Elmont
$426,602
$469,351
10.0%
187
217
73
70
Floral Park
$644,469
$636,261
-1.3%
161
168
73
62
Franklin Square
$541,679
$560,284
3.4%
126
150
61
61
Freeport
$371,667
$393,086
5.8%
245
236
86
81
Garden City
$1,005,527
$1,027,067
2.1%
180
156
55
67
Garden City South $631,559
$650,952
3.1%
17
21
59
58
Hewlett
$597,786
$657,906
10.1%
42
43
95
71
Hewlett Harbor
$989,500
$1,114,912
12.7%
8
17
93
67
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HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$1,216,667
$1,150,000
-5.5%
6
2
177
180
Inwood
$450,429
$431,906
-4.1%
24
16
92
94
Island Park
$412,820
$467,640
13.3%
59
50
73
87
Lawrence
$1,052,086
$1,270,091
20.7%
22
22
61
96
Levittown
$442,937
$457,042
3.2%
305
349
53
52
Lido Beach
$959,396
$929,289
-3.1%
24
19
158
106
Long Beach
$649,070
$622,530
-4.1%
158
148
96
94
Lynbrook
$514,477
$526,844
2.4%
135
120
50
66
Malverne
$536,660
$538,924
0.4%
72
74
62
80
Merrick
$624,587
$610,253
-2.3%
207
244
76
59
Mineola
$598,819
$586,958
-2.0%
70
64
49
53
New Hyde Park
$695,157
$682,354
-1.8%
200
195
57
75
North Baldwin
$363,446
$449,767
23.8%
120
58
65
73
North Bellmore
$536,326
$528,388
-1.5%
115
113
55
66
North Merrick
$518,948
$557,291
7.4%
57
44
60
82
Oceanside
$525,090
$532,115
1.3%
189
223
72
75
Pt Lookout
$956,729
$938,889
-1.9%
14
9
153
102
Rockville Centre
$734,373
$748,802
2.0%
175
144
76
79
Roosevelt
$346,577
$391,453
12.9%
107
108
68
59
S. Hempstead
$471,650
$380,275
-19.4%
20
12
40
112
Stewart Manor
$625,850
$636,380
1.7%
10
15
46
42
Uniondale
$369,992
$399,144
7.9%
107
75
71
55
Valley Stream
$484,733
$497,544
2.6%
337
324
64
70
Wantagh
$535,022
$555,221
3.8%
220
229
56
60
West Hempstead
$498,693
$513,718
3.0%
148
156
63
74
Woodmere
$829,982
$886,819
6.8%
64
65
71
78
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9
HUNTINGTON TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$658,909
$711,872
8.0%
73
72
63
78
Cold Spring Harbor $1,561,093
$1,394,711
-10.7%
43
36
120
92
Commack
$523,668
$526,448
0.5%
203
261
55
66
Dix Hills
$745,391
$775,452
4.0%
205
266
78
86
East Northport
$517,449
$520,733
0.6%
225
213
54
58
Ft Salonga
$815,265
$726,964
-10.8%
17
14
78
128
Greenlawn
$600,129
$649,576
8.2%
77
92
60
88
Huntington
$627,845
$630,236
0.4%
334
305
75
72
Huntington Bay
$1,073,082
$1,277,167
19.0%
17
21
113
101
Huntington Station $378,592
$406,561
7.4%
230
205
55
61
Lloyd Harbor
$1,889,484
$1,645,386
-12.9%
19
33
99
132
Lloyd Neck
$1,138,781
$1,222,733
7.4%
16
15
106
158
Melville
$733,134
$782,484
6.7%
113
104
84
82
Northport
$712,118
$751,713
5.6%
165
171
78
87
South Huntington
$487,408
$541,839
11.2%
55
43
92
73
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ISLIP TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$348,916
$373,627
7.1%
379
390
86
74
Bayport
$528,711
$497,174
-6.0%
38
51
66
78
Bohemia
$406,746
$396,268
-2.6%
58
65
73
75
Brentwood
$310,984
$340,147
9.4%
271
255
80
60
Brightwaters
$568,420
$546,000
-3.9%
25
26
61
66
Central Islip
$277,959
$313,195
12.7%
218
214
81
86
East Islip
$461,690
$545,105
18.1%
87
109
81
82
Great River
$561,650
$766,833
36.5%
10
6
61
37
Holbrook
$395,837
$407,111
2.8%
148
154
52
54
Holtsville
$396,824
$421,747
6.3%
60
84
56
49
Islandia
$305,786
$328,480
7.4%
14
25
57
69
Islip
$424,847
$432,024
1.7%
91
90
81
53
Islip Terrace
$364,478
$391,599
7.4%
70
71
62
53
Lake Ronkonkoma $337,614
$358,765
6.3%
100
73
51
48
Oakdale
$443,174
$484,764
9.4%
76
58
84
63
Ronkokoma
$349,163
$374,480
7.3%
197
210
59
57
Sayville
$476,262
$474,605
-0.3%
102
91
69
63
West Islip
$484,865
$499,211
3.0%
170
175
55
60
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11
NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$759,016
$793,424
4.5%
44
37
64
76
Carle Place
$508,763
$562,958
10.7%
19
26
50
71
East Hills
$1,310,735
$1,195,492
-8.8%
69
59
87
83
East Williston
$937,875
$991,313
5.7%
16
16
91
61
Floral Park
$634,159
$644,609
1.6%
165
160
62
74
Great Neck
$1,441,384
$1,375,701
-4.6%
226
208
96
97
Manhasset
$1,818,760
$1,813,560
-0.3%
138
140
88
103
Manhasset Hills
$976,352
$907,604
-7.0%
25
24
47
66
Port Washington
$938,524
$985,338
5.0%
170
177
69
84
Roslyn
$1,017,017
$1,104,287
8.6%
48
38
222
92
Roslyn Estates
$1,466,000
$1,281,917
-12.6%
10
12
48
142
Roslyn Harbor
$1,392,429
$1,704,500
22.4%
7
10
115
133
Rosyn Heights
$1,098,534
$1,070,158
-2.6%
58
54
93
85
Sands Point
$2,191,663
$2,552,806
16.5%
20
16
131
167
Searingtown
$1,261,450
$1,039,000
-17.6%
10
13
82
94
Westbury
$492,422
$488,249
-0.8%
223
233
70
74
Williston Park
$629,660
$630,817
0.2%
39
51
49
52
Signature Premier Properties
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AN ABUNDANCE OF GROWTH In a year-to-date business comparison of the top real estate companies on Long Island, Signature is proud to come out on top. Take a look at the numbers below: % Change in Under Contract 2018 vs 2019
% Change in Closed 2018 vs 2019
Company
Units
Volume
Units
Volume
Signature Premier Properties
27%
29%
27%
26%
Realty Connect
9%
13%
4%
10%
Daniel Gale
-3%
-11%
-1%
-2%
Coldwell Banker
6%
7%
-3%
1%
Coach
0%
4%
-3%
1%
Douglas Elliman
0%
4%
-4%
-1%
*Information gathered from MLS for residential, co-op/condo, land, and commercial listings in Nassau, Suffolk, Brooklyn, and Queens from 1/1/2018-9/30/2018 vs 1/1/2019-9/30/2019.
Signature Premier Properties Signature Premier Properties
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13
OYSTER BAY TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$601,017
$609,343
1.4%
46
54
85
143
Bethpage
$487,477
$503,940
3.4%
137
136
57
57
Brookville
$2,138,556
$1,966,976
-8.0%
18
21
219
170
Centre Island
$2,064,167
$1,621,667
-21.4%
6
3
199
129
Cove Neck
$1,333,333
$1,040,000
N/A
3
2
150
265
East Norwich
$639,914
$666,550
4.2%
29
30
77
76
Farmingdale
$454,028
$465,334
2.5%
187
192
60
51
Glen Cove
$615,144
$615,272
0.0%
137
125
104
94
Glen Head
$773,011
$801,073
3.6%
56
45
77
88
Glenwood Landing $575,125
$560,250
-2.6%
8
8
129
57
Greenvale
$645,400
$1,045,600
62.0%
5
5
117
79
Hicksville
$496,815
$522,790
5.2%
244
266
48
56
Jericho
$988,987
$953,447
-3.6%
94
121
82
76
Lattingtown
$1,449,455
$1,367,625
-5.6%
11
16
81
174
Laurel Hollow
$1,414,306
$1,328,667
-6.1%
18
12
118
144
Locust Valley
$740,576
$819,363
10.6%
45
40
86
89
Massapequa
$544,733
$560,842
3.0%
310
349
69
72
Signature Premier Properties
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OYSTER BAY TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$536,531
$567,758
5.8%
144
148
61
64
Muttontown
$1,884,339
$1,391,079
-26.2%
28
19
128
129
North Massapequa $480,961
$503,100
4.6%
44
46
68
64
Old Bethpage
$685,697
$655,248
-4.4%
29
32
77
34
Old Brookville
$2,427,229
$1,931,667
-20.4%
17
12
136
101
Old Westbury
$2,171,125
$1,716,496
-20.9%
25
26
195
163
Oyster Bay
$644,138
$686,122
6.5%
34
45
94
83
Oyster Bay Cove
$1,765,775
$2,172,381
23.0%
24
21
124
161
Plainview
$629,359
$658,115
4.6%
251
250
61
61
Sea Cliff
$726,545
$825,491
13.6%
33
41
66
74
Seaford
$502,490
$495,235
-1.4%
147
159
55
64
Syosset
$840,339
$859,517
2.3%
192
186
58
82
Upper Brookville
$2,491,429
$1,774,733
-28.8%
14
15
247
157
Westbury
$492,222
$488,249
-0.8%
233
233
70
74
Woodbury
$1,113,356
$1,154,933
3.7%
45
56
137
102
Signature Premier Properties
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15
SMITHTOWN TOWNSHIP MARKET REPORT 2019 Third Quarter Report • July 1st - September 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
$523,668
$526,448
0.5%
203
261
55
66
Hauppauge
$505,604
$505,954
0.1%
81
92
75
68
Head of the Harbor $1,426,778
$932,500
-34.6%
9
9
105
97
Kings Park
$483,219
3.2%
123
128
50
55
Lake Ronkonkoma $337,614
$358,765
6.3%
100
73
51
48
Nesconset
$479,012
$452,689
-5.5%
81
99
59
80
Nissequogue
$944,346
$1,436,538
52.1%
13
13
120
120
Smithtown
$515,678
$534,785
3.7%
242
249
73
78
St James
$562,369
$542,265
-3.6%
93
76
107
84
$468,073
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Historical
MEDIAN SALES PRICES BY COUNTY
Queens
$628,750
70% INCREASE OVER 6 YEARS! $570,000 $517,500 $460,000 $420,000
$370,000
2013
$388,000
2014
2015
2016
2017
2018
2019*
Nassau
34% INCREASE OVER 6 YEARS!
$555,000 $520,000 $490,000
$415,000
2013
$425,000
$437,500
2014
$460,000
2015
Suffolk
2016
2018
2017
2019*
30% INCREASE OVER 6 YEARS! $415,000 $375,000 $350,000 $335,000 $330,000
$320,000
$319,300
2013
2014
2015
2016
2017
2018
2019*
*Information obtained from MLSLI, closed, residential listings from 1/1/2013 - 09/31/2019.
Signature Premier Properties
Signature Premier Properties
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17
AMITY HARBOR
HICKSVILLE
ROCKVILLE CENTRE
90 Montauk Highway Amity Harbor, NY 11701 Office: 631.842.8400
111 Levittown Parkway Hicksville, NY 11801 Office: 516.935.0700
75 Seaman Avenue Rockville Centre NY, 11570 Office: 516.766.7900
BABYLON
HUNTINGTON
SAYVILLE
126 W Main Street Babylon, NY 11702 Office: 631.422.3100
157 East Main Street Huntington, NY 11743 Office: 631.673.3700
95 Main Street Sayville, NY 11782 Office: 631.567.0100
COLD SPRING HARBOR
LOCUST VALLEY
SMITHTOWN
157 Main Street Cold Spring Harbor, NY 11724 Office: 631.692.4800
41 The Plaza Locust Valley, NY 11560 Office: 516.759.4400
7 West Main Street Smithtown, NY 11787 Office: 631.360.2800
COMMACK
MASSAPEQUA PARK
SYOSSET
21 Vanderbilt Motor Pkwy Commack, NY 11725 Office: 631.499.6400
4863 Merrick Road Massapequa NY, 11762 Office: 516.799.7100
33 Jackson Avenue Syosset, NY 11791 Office: 516.921.1400
DIX HILLS
MEDFORD
WANTAGH
15 East Deer Park Road Dix Hills, NY 11746 Office: 631.673.3900
3080 Route 112 Medford NY 11763 Office: 631.512.4520
1867 Wantagh Avenue Wantagh, NY 11793 Office: 516.785.0100
EAST NORTHPORT
MERRICK
WOODBURY
190 Laurel Road East Northport, NY 11731 Office: 631.368.6800
324 Merrick Avenue Merrick, NY 11566 Office: 516.546.6300
7952 Jericho Turnpike Woodbury, NY 11797 Office: 516.496.0300
FLORAL PARK
MILLER PLACE
142 Plainfield Avenue Floral Park, NY 11001 Office: 516.492.3210
275 Route 25A Miller Place, NY 11764 Office: 631.642.2300
GARDEN CITY 730 Franklin Avenue Garden City, NY 11530 Office: 516.741.4333 18
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NORTHPORT 180 Main Street Northport, NY 11768 Office: 631.754.3600
MAIN: 877.273.3750
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