2020 Mid-Year Analysis
MARKET REPORT January 1st through June 30th
18 Offices Located Throughout Long Island
HUNTINGTON MILLER PLACE NORTHPORT SMITHTOWN WOODBURY
EAST NORTHPORT
RONKONKOMA
SYOSSET COLD SPRING HARBOR GARDEN CITY
DIX HILLS BABYLON ROCKVILLE CENTRE WANTAGH MERRICK
AMITY HARBOR
MEDFORD SAYVILLE
Table of Contents Babylon Township
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
THINKING OF MAKING A MOVE? NOW IS THE TIME!
CALL 877.273.3750
Mid-Year Review
THE PERFECT STORM We’re halfway through the year, summer is in full swing, and the real estate market is on fire. This year has been anything but normal, Covid-19 put New York on pause and delayed the usually hot spring market. We had to shift our business practices, find new ways of doing things, and adjust to our new normal. When we entered phase 2 in mid-June, we were able to open our doors once again and conduct business in person. Now, buyers are back in full force, waiting for new housing inventory to hit the market. You could call this market “The Perfect Storm”- Historically low mortgage interest rates coupled with pent up buyer demand and drastically low inventory for sale has led to a second-quarter that has seen home sale prices spike up 11.8% in Nassau County and a staggering 18.4% in Suffolk County when compared with the same period of time in 2019. New residential listings are down approximately 20% in both Nassau and Suffolk compared to the second quarter of 2019. The biggest challenge currently facing the real estate market is the scarcity of inventory for both “first time” and “trade up” buyers. Sellers in this market are faced with the challenge of listing their home and not being able to find their next purchase. Right now is a great time to be a seller; homes are flying off the market at lightning speed. Fierce competition for available properties is leading to bidding wars and driving up prices. Buyers are out there and eager to buy. In many cases, offers are being made sight unseen. In this rapidly changing market, your Signature Premier Properties agent is here to give you the most timely and accurate market and pricing information. If you’re thinking about buying or selling soon, give us a call, we would love to help. Enjoy the rest of your summer and stay well! Best Regards, Peter Morris & Kathy Viard
4
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BABYLON TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Amity Harbor
$361,502
$330,998
-8.4%
13
4
95
51
Amityville
$400,346
$363,727
-9.1%
77
63
51
63
Babylon
$500,293
$517,637
3.5%
68
52
67
93
Copiague
$360,707
$405,477
12.4%
80
74
70
63
Deer Park
$396,768
$433,572
9.3%
113
104
62
57
Lindenhurst
$382,670
$413,318
8.0%
202
174
70
65
North Babylon
$391,800
$405,963
3.6%
73
71
51
49
West Babylon
$390,767
$410,760
5.1%
143
133
59
53
Wheatley Heights
$396,786
$421,000
6.1%
21
14
81
71
Wyandanch
$270,933
$311,812
15.1%
53
34
65
85
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5
BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
6
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Belle Terre
$896,500
$751,667
-16.2%
6
3
157
80
Bellport
$267,082
$282,623
5.8%
32
33
64
56
Blue Point
$508,000
$451,193
-11.2%
15
15
91
70
Brookhaven
$430,621
$475,853
10.5%
16
17
92
110
Center Moriches
$470,793
$488,512
3.8%
44
46
116
96
Centereach
$342,937
$394,125
14.9%
118
93
72
65
Coram
$323,705
$349,334
7.9%
113
95
77
81
East Moriches
$451,906
$516,718
14.3%
31
27
96
138
East Setauket
$408,858
$626,314
53.2%
30
44
75
98
Farmingville
$351,641
$383,419
9.0%
66
70
62
75
Holbrook
$383,367
$418,465
9.2%
91
95
62
58
Holtsville
$399,236
$422,204
5.8%
46
39
52
67
Lake Grove
$443,470
$455,419
2.7%
47
55
70
63
Lake Ronkonkoma $363,819
$381,650
4.9%
52
17
54
75
Manorville
$455,739
$450,378
-1.2%
66
57
99
89
Mastic
$224,312
$265,926
18.6%
108
98
74
58
Medford
$322,462
$363,918
12.9%
159
148
74
81
Signature Premier Properties
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BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Middle Island
$305,639
$311,698
2.0%
42
34
93
80
Miller Place
$445,954
$451,284
1.2%
62
46
109
109
Moriches
$375,633
$392,050
4.4%
15
10
65
82
Mt Sinai
$514,107
$477,405
-7.1%
51
47
74
82
Patchogue
$336,000
$351,483
4.6%
134
94
63
77
Port Jefferson
$541,482
$508,800
-6.0%
38
30
117
98
Pt Jefferson Station $357,315
$380,231
6.4%
118
89
71
102
Ridge
$336,220
$348,730
3.7%
49
49
73
97
Rocky Point
$292,087
$322,545
10.4%
98
86
84
68
Selden
$322,848
$350,240
8.5%
129
107
65
65
Setauket
$661,947
$626,314
-5.4%
69
44
114
98
Shirley
$258,808
$286,421
10.7%
170
165
68
81
Shoreham
$486,469
$460,171
-5.4%
37
37
98
67
Sound Beach
$288,439
$308,567
7.0%
46
40
70
73
South Setauket
$416,680
$435,229
4.5%
30
24
89
65
Stony Brook
$455,593
$514,528
12.9%
69
59
81
74
Yaphank
$310,223
$415,222
33.8%
26
9
69
82
Signature Premier Properties
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7
HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
8
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Atlantic Beach
$1,037,222
$900,962
-13.1%
9
13
73
147
Baldwin
$453,256
$481,436
6.2%
103
71
80
70
Baldwin Harbor
$468,750
$921,666
96.6%
4
3
139
55
Bellerose
$653,710
$674,107
3.1%
41
27
91
110
Bellmore
$544,322
$594,390
9.2%
68
48
69
75
Cedarhurst
$831,267
$782,056
-5.9%
15
18
69
82
East Meadow
$559,170
$563,812
0.8%
119
113
60
65
East Rockaway
$483,357
$529,256
9.5%
51
41
93
73
Elmont
$468,447
$509,037
8.7%
141
90
66
71
Floral Park
$628,491
$642,296
2.2%
104
65
84
76
Franklin Square
$554,821
$580,368
4.6%
87
60
67
100
Freeport
$391,830
$410,270
4.7%
147
121
87
77
Garden City
$1,024,218
$1,036,220
1.2%
93
76
77
86
Garden City South $650,673
$663,111
1.9%
11
9
68
103
Hewlett
$650,257
$666,583
2.5%
29
25
70
92
Hewlett Harbor
$1,028,571
$1,282,688
24.7%
7
8
97
133
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HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Hewlett Neck
$1,150,000
$2,325,000
102.2%
2
1
180
33
Inwood
$300,786
$433,875
44.2%
7
13
72
74
Island Park
$459,196
$555,182
20.9%
28
22
88
85
Lawrence
$1,227,333
$1,482,000
20.7%
15
9
92
155
Levittown
$448,956
$475,742
6.0%
214
168
55
71
Lido Beach
$899,500
$717,363
-20.2%
10
6
109
80
Long Beach
$629,892
$648,656
3.0%
104
82
89
92
Lynbrook
$517,109
$553,913
7.1%
69
61
72
85
Malverne
$524,598
$538,931
2.7%
51
32
86
89
Merrick
$595,635
$641,011
7.6%
131
123
65
85
Mineola
$580,797
$591,995
1.9%
38
44
51
87
New Hyde Park
$681,202
$726,579
6.7%
119
91
77
80
North Baldwin
$460,606
$436,983
-5.1%
36
35
76
65
North Bellmore
$522,897
$594,390
13.7%
77
48
77
75
North Merrick
$559,560
$574,583
2.7%
22
6
95
42
Oceanside
$517,108
$550,797
6.5%
121
124
85
87
Pt Lookout
$926,667
$834,167
-10.0%
6
6
112
102
Rockville Centre
$740,951
$752,979
1.6%
81
96
78
84
Roosevelt
$382,680
$410,412
7.2%
71
56
66
72
S. Hempstead
$373,225
$508,571
36.3%
8
7
122
98
Stewart Manor
$647,214
$544,000
-15.9%
7
3
43
66
Uniondale
$389,800
$424,093
8.8%
46
35
65
76
Valley Stream
$497,622
$420,885
-15.4%
197
130
72
65
Wantagh
$554,667
$588,191
6.0%
131
112
68
70
West Hempstead
$510,227
$508,045
-0.4%
98
66
81
74
Woodmere
$770,521
$813,976
5.6%
35
25
76
94
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9
HUNTINGTON TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
10
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Centerport
$702,904
$583,884
-16.9%
48
31
88
79
Cold Spring Harbor $1,171,016
$1,235,043
5.5%
16
11
82
103
Commack
$516,644
$519,925
0.6%
131
105
82
61
Dix Hills
$754,347
$766,983
1.7%
139
113
100
86
East Northport
$514,253
$545,840
6.1%
123
110
66
66
Ft Salonga
$705,833
$802,800
13.7%
9
5
155
133
Greenlawn
$662,057
$549,311
-17.0%
49
33
114
74
Huntington
$607,949
$650,035
6.9%
179
163
74
76
Huntington Bay
$1,442,875
$1,064,667
-26.2%
12
6
96
63
Huntington Station $412,813
$438,105
6.1%
128
105
62
57
Lloyd Harbor
$1,674,398
$1,519,543
-9.2%
22
15
144
154
Lloyd Neck
$1,187,833
$976,667
-17.8%
6
3
114
150
Melville
$738,723
$725,210
-1.8%
60
59
80
81
Northport
$742,367
$695,354
-6.3%
99
87
99
101
South Huntington
$512,004
$590,693
15.4%
19
22
101
78
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ISLIP TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
% Town
Avg. Sales Price 2019
Bay Shore
$378,851
Bayport
YoY Change
Homes Sold 2019
Homes Sold 2020
Days 0n Market 2019
Days 0n Market 2020
$409,445
8.1%
247
200
81
56
$474,350
$533,460
12.5%
25
30
89
76
Bohemia
$372,847
$321,400
-13.8%
43
30
82
87
Brentwood
$337,469
$362,357
7.4%
165
98
58
82
Brightwaters
$501,900
$549,000
9.4%
10
13
83
88
Central Islip
$309,636
$341,464
10.3%
138
102
92
81
East Islip
$493,672
$502,884
1.9%
63
55
86
73
Great River
$535,000
$771,500
44.2%
2
4
18
56
Holbrook
$383,367
$418,465
9.2%
91
95
62
58
Holtsville
$399,236
$422,204
5.8%
46
39
52
67
Islandia
$317,038
$345,500
9.0%
13
12
98
81
Islip
$413,944
$482,187
16.5%
45
45
57
52
Islip Terrace
$390,352
$393,602
0.8%
41
42
57
65
Lake Ronkonkoma $363,819
$381,650
4.9%
52
17
54
75
Oakdale
$481,244
$555,619
15.5%
36
36
59
48
Ronkokoma
$366,325
$388,780
6.1%
116
114
68
63
Sayville
$460,175
$473,329
2.9%
53
46
56
86
South Sayville
$573,167
$573,000
0%
6
16
38
90
West Islip
$506,468
$523,034
3.3%
98
83
72
60
Signature Premier Properties
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11
NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
12
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Albertson
$762,778
$828,880
8.7%
18
25
101
79
Carle Place
$585,536
$545,905
-6.8%
14
10
81
63
East Hills
$1,155,581
$1,324,923
14.7%
31
26
90
130
East Williston
$894,182
$912,125
2.0%
11
8
70
130
Floral Park
$631,179
$642,296
1.8%
53
65
89
76
Great Neck
$1,407,472
$1,440,638
2.4%
118
75
106
113
Manhasset
$1,931,207
$1,816,642
-5.9%
81
80
106
116
Manhasset Hills
$844,000
$883,400
4.7%
7
5
75
63
Port Washington
$1,005,432
$1,007,686
0.2%
90
86
96
81
Roslyn
$1,153,173
$1,041,918
-9.6%
26
12
95
89
Roslyn Estates
$1,310,889
$1,510,000
15.2%
9
3
101
59
Roslyn Harbor
$1,940,714
$833,333
-57.1%
7
3
126
212
Rosyn Heights
$1,012,694
$1,224,563
20.9%
31
28
103
101
Sands Point
$2,724,444
$2,829,679
3.9%
9
17
271
207
Searingtown
$927,600
$1,017,333
9.7%
5
3
114
190
Westbury
$481,541
$522,751
8.6%
152
87
78
74
Williston Park
$635,717
$651,063
2.4%
23
19
53
60
Signature Premier Properties
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Taking Every Precaution WE’RE IN THIS TOGETHER
• MASKS • HAND SANITIZER
People Are Our #1 Priority
• REGULAR CLEANINGS We know that virtual home buying and selling may
• SOCIAL DISTANCING
not be for everyone. However if it is essential for you to make a move at this time, we want you to know
• HEALTH SCREENINGS
Signature Premier Properties Signature Premier Properties
that we are taking every precaution imaginable to ensure everyone’s safety.
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13
OYSTER BAY TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
14
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Bayville
$619,033
$617,985
-0.2%
30
15
161
212
Bethpage
$515,788
$517,404
0.3%
81
66
60
72
Brookville
$1,906,967
$1,712,500
-10.2%
15
4
147
261
Centre Island
$1,621,667
$2,766,667
70.6%
3
3
129
277
Cove Neck
$1,040,000
$1,767,500
70.0%
2
2
265
86
East Norwich
$660,964
$677,538
2.5%
13
13
114
114
Farmingdale
$465,562
$485,031
4.2%
117
88
56
74
Glen Cove
$600,459
$561,907
-6.4%
75
70
94
108
Glen Head
$826,333
$849,424
2.8%
21
33
106
120
Glenwood Landing $560,250
$495,500
-11.6%
7
3
57
84
Greenvale
$815,000
$515,000
-36.8%
2
2
80
85
Hicksville
$509,808
$526,941
3.4%
167
122
59
68
Jericho
$957,302
$880,372
-8.0%
62
36
89
105
Lattingtown
$1,514,667
$1,599,571
5.6%
9
7
225
197
Laurel Hollow
$1,361,900
$1,989,917
46.1%
10
13
151
118
Locust Valley
$855,381
$1,089,812
27.4%
21
13
91
102
Massapequa
$549,683
$567,152
3.2%
216
192
72
75
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OYSTER BAY TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Massapequa Park
$582,563
$562,083
-3.5%
86
65
69
55
Muttontown
$1,387,500
$1,814,214
30.8%
13
14
127
193
North Massapequa $480,112
$469,034
-2.3%
32
5
65
61
Old Bethpage
$636,807
$638,472
0.3%
15
18
27
98
Old Brookville
$1,921,875
$2,699,000
40.4%
8
10
130
194
Old Westbury
$1,666,258
$2,617,813
57.1%
19
16
207
269
Oyster Bay
$598,438
$939,637
57.0%
24
9
72
176
Oyster Bay Cove
$1,351,875
$1,412,300
4.5%
16
10
168
81
Plainview
$660,187
$681,248
3.2%
150
123
65
79
Sea Cliff
$839,485
$773,736
-7.8%
23
25
86
108
Seaford
$495,490
$502,703
1.5%
102
79
67
79
Syosset
$886,225
$805,547
-9.1%
98
86
88
92
Upper Brookville
$1,812,100
$1,563,429
-13.7%
10
7
188
202
Westbury
$481,541
$527,163
9.5%
152
88
78
74
Woodbury
$1,113,607
$1,050,000
-5.7%
35
12
111
144
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15
SMITHTOWN TOWNSHIP MARKET REPORT 2020 Mid-Year Analysis • January 1st - June 30th
%
16
Town
Average Sales Price 2019
Average Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days on Market 2019
No. Days on Market 2020
Commack
$516,644
$519,925
0.6%
131
105
82
61
Hauppauge
$489,747
$522,314
6.6%
50
58
83
67
Head of the Harbor $888,750
$1,114,188
25.4%
4
8
113
217
Kings Park
$490,912
8.9%
77
51
68
70
Lake Ronkonkoma $363,819
$381,650
4.9%
52
17
54
75
Nesconset
$441,067
$501,739
13.8%
49
49
92
81
Nissequogue
$954,500
$1,153,700
20.9%
10
10
110
269
Smithtown
$533,777
$537,848
0.8%
153
139
76
82
St James
$507,139
$560,881
10.6%
43
61
84
96
$450,704
Signature Premier Properties
877.273.3750 | signaturepremier.com
Home Prep Guide COVID-19 has led to unprecedented challenges and uncertainty. In an effort to do our part to keep you and our photographers safe, we’ve come up with a few important updates to our Home Prep Guide. Please Review, share, and prepare the home accordingly. We’re in this together and will get through this together.
COVID-19 PROTOCOL Reschedule your shoot if any occupants are ill or have be in contact with COVID-19
Respect social distancing guidelines: Keep home vacant during photoshoot if possible
Disinfect common surfaces including: • Doorknobs & light switches • Tables & countertops
Remove items you don’t want shot
Find approved disinfectants at: cdc.gov
Photographers will not touch personal items during shoot
Exterior
Turn on lights before shoot
Throughout
Move cars from driveway
Clear all visible clutter
Close all windows
Sweep/vacuum floors
Sweep walkways
Remove personal photos
Stow toys, seasonal decor, garden supplies, hoses & trash cans
Minimize knick-knacks
Straighten outdoor furniture
Turn on all lights & replaced bulbs
Open shades & blinds Stow pet accessories & wastebaskets
Kitchen & Dining
Bedrooms & Baths
Remove art from refrigerator
Make & clear under beds
Stow all food, small appliances, pots/pans, towels & cleaning supplies
Put away all clothing & accessories
Oragnize open shelving Clear sink & stow drying rack
Clear counters, bathtubs & showers of products & cleaning supplies
Wipe counters & tabletops
Clean mirrors & close all toilet lids
Straighten dining chairs & stools
Hang fresh folded towels
Signature Premier Properties Signature Premier Properties
Clean until the bathrooms sparkle
17 877.273.3750 | signaturepremier.com 877.273.3750 | signaturepremier.com
BABYLON
MEDFORD
SAYVILLE
126 W Main Street Babylon, NY 11702 Office: 631.422.3100
3080 Route 112 Medford, NY 11763 Office: 631.512.4520
95 Main Street Sayville, NY 11782 Office: 631.567.0100
COLD SPRING HARBOR
MERRICK 324 Merrick Avenue Merrick, NY 11566 Office: 516.546.6300
SMITHTOWN
SYOSSET
15 East Deer Park Road Dix Hills, NY 11746 Office: 631.673.3900
MILLER PLACE 275 Route 25A Miller Place, NY 11764 Office: 631.642.2300
EAST NORTHPORT
NORTHPORT
157 Main Street Cold Spring Harbor, NY 11724 Office: 631.692.4800 DIX HILLS
33 Jackson Avenue Syosset, NY 11791 Office: 516.921.1400
190 Laurel Road East Northport, NY 11731 Office: 631.368.6800
180 Main Street Northport, NY 11768 Office: 631.754.3600
WANTAGH 1867 Wantagh Avenue Wantagh, NY 11793 Office: 516.785.0100
GARDEN CITY
ROCKVILLE CENTRE
WOODBURY
730 Franklin Avenue Garden City, NY 11530 Office: 516.741.4333
75 Seaman Avenue Rockville Centre, NY 11570 Office: 516.766.7900
7952 Jericho Turnpike Woodbury, NY 11797 Office: 516.496.0300
HUNTINGTON
RONKONKOMA
157 East Main Street Huntington, NY 11743 Office: 631.673.3700
18
7 West Main Street Smithtown, NY 11787 Office: 631.360.2800
Signature Premier Properties
4949 Express Drive N Suite 104 Ronkonkoma, NY 11779 Office: 516.766.7900
MAIN: 877.273.3750
877.273.3750 | signaturepremier.com