2020 Year To Date Market Report Q3

2020 Year-to-Date Analysis

MARKET REPORT

January 1st through September 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

Year-to-Date Market Review A YEAR LIKE NO OTHER

So long, sweet summer! Fall is in the air, the leaves are changing, and we’re (finally) in the home stretch of 2020. COVID-19 continues to impact our daily lives, and it has prompted everyone to take note of their immediate living environment. In a traditional real estate market, buyer activity starts to wane by mid-summer, just in time for those late summer vacations. This year, however, the residential real estate market continues to show unprecedented strength with record numbers of homes going into contract in July and August. The flurry of “highest and best� in multipleoffer scenarios has become the norm leaving plenty of buyers in the pipeline to continue the bidding wars.

According to a study by the National Association of Realtors (NAR), properties listed in August were on the market for an average of just 22 days before going into contract.

While the US economy struggles to regain the momentum it had prior to COVID-19, another interesting report from NAR states that for every home that sells in New York, $92,000 is generated into the local economy. Certainly, the housing market has been one of the bright spots in the dimly lit economy.

Although the market may taper a bit as the nation awaits the Presidential election results, it is still an opportune time to purchase or sell a home. With historically low mortgage interest rates, buying power has never been greater, and sellers have a command audience. Your Signature Premier Properties agent is well-versed in the necessary safety protocols while assisting you in your next purchase or sale. Call us to help you make your next move.

Warm wishes for an enjoyable and healthy holiday season!

Peter Morris & Kathy Viard

4

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BABYLON TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$373,302

$409,916

9.8%

15

12

88

67

Amityville

$388,877

$408,386

5.0%

119

103

58

59

Babylon

$501,601

$595,510

18.7%

113

89

66

80

Copiague

$363,514

$396,238

9.0%

122

122

67

71

Deer Park

$403,227

$433,305

7.5%

177

174

57

57

Lindenhurst

$385,230

$412,205

7.0%

321

291

66

65

North Babylon

$396,625

$414,075

4.4%

127

108

51

54

West Babylon

$390,731

$415,877

6.4%

243

222

56

52

Wheatley Heights

$400,923

$405,324

1.1%

35

28

66

81

Wyandanch

$265,095

$320,093

20.7%

77

53

63

77

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5

BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$1,114,250

$781,429

-29.9%

8

7

171

183

Bellport

$260,288

$284,516

9.3%

45

44

78

58

Blue Point

$503,045

$447,363

-11.1%

22

24

101

77

Brookhaven

$419,247

$495,821

18.3%

20

28

84

90

Center Moriches

$465,636

$646,760

38.9%

80

83

101

100

Centereach

$356,783

$385,879

8.2%

186

155

67

64

Coram

$329,954

$358,548

8.7%

174

156

76

79

East Moriches

$462,683

$600,407

29.8%

44

45

112

129

East Setauket

$451,528

$497,457

10.2%

64

67

74

88

Farmingville

$348,131

$398,304

14.4%

108

109

67

77

Holbrook

$407,111

$427,362

5.0%

154

149

54

60

Holtsville

$421,747

$446,975

6.0%

84

70

49

59

Lake Grove

$444,431

$457,593

3.0%

82

86

60

70

Lake Ronkonkoma $358,765

$375,260

4.6%

73

24

48

64

Manorville

$444,153

$471,969

6.3%

97

95

94

105

Mastic

$232,512

$272,081

17.0%

162

144

66

70

Medford

$338,144

$378,171

11.8%

265

236

76

80

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BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$308,016

$339,255

10.1%

61

53

81

71

Miller Place

$452,412

$479,808

6.1%

114

90

105

101

Moriches

$369,031

$386,297

4.7%

19

15

82

115

Mt Sinai

$521,345

$507,904

-2.6%

92

83

75

74

Patchogue

$345,282

$362,540

5.0%

206

157

61

71

Port Jefferson

$532,835

$520,890

-2.2%

62

41

90

98

Pt Jefferson Station $370,727

$390,494

5.3%

195

167

72

82

Ridge

$329,026

$356,056

8.2%

82

76

74

80

Rocky Point

$298,711

$333,555

11.7%

159

136

76

73

Selden

$328,682

$352,813

7.3%

222

183

65

65

Setauket

$644,202

$617,121

-4.2%

111

66

102

92

Shirley

$265,093

$298,811

12.7%

278

267

66

75

Shoreham

$466,099

$475,899

2.1%

64

63

92

59

Sound Beach

$282,935

$303,242

7.2%

92

76

63

71

South Setauket

$412,662

$445,784

7.7%

47

37

81

58

Stony Brook

$490,131

$526,637

7.4%

123

105

71

65

Yaphank

$313,291

$375,930

20.0%

43

16

58

75

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7

HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$911,184

$966,455

6.1%

19

22

61

142

Baldwin

$457,191

$485,260

6.1%

187

137

72

77

Baldwin Harbor

$440,286

$742,500

68.6%

7

6

119

82

Bellerose

$639,348

$681,731

6.6%

58

45

82

100

Bellmore

$556,818

$609,646

9.5%

117

102

78

79

Cedarhurst

$804,800

$777,115

-3.4%

25

26

93

87

East Meadow

$565,314

$562,948

-0.4%

210

195

62

64

East Rockaway

$502,762

$549,707

9.3%

80

67

82

87

Elmont

$469,351

$501,453

6.8%

217

147

70

85

Floral Park

$636,261

$651,834

2.4%

168

104

62

70

Franklin Square

$560,284

$583,885

4.2%

150

108

61

84

Freeport

$393,086

$421,674

7.3%

236

209

81

88

Garden City

$1,027,067

$1,027,414

0.0%

156

141

67

80

Garden City South $650,952

$671,333

3.1%

21

12

58

89

Hewlett

$657,906

$693,878

5.5%

43

43

71

85

Hewlett Harbor

$1,114,912

$1,271,650

14.1%

17

10

67

134

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HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$2,162,500

88.0%

2

2

180

88

Inwood

$431,906

$433,250

0.3%

16

14

94

78

Island Park

$467,640

$512,259

9.5%

50

44

87

77

Lawrence

$1,270,091

$1,392,150

9.6%

22

20

96

114

Levittown

$457,042

$483,158

5.7%

349

296

52

66

Lido Beach

$929,289

$795,510

-14.4%

19

18

106

142

Long Beach

$622,530

$646,749

3.9%

148

151

94

90

Lynbrook

$526,844

$553,586

5.1%

120

110

66

70

Malverne

$538,924

$535,556

-0.6%

74

57

80

73

Merrick

$610,253

$648,138

6.2%

244

230

59

83

Mineola

$586,958

$609,467

3.8%

64

67

53

81

New Hyde Park

$682,354

$713,951

4.6%

195

138

75

81

North Baldwin

$449,767

$465,231

3.4%

58

58

73

66

North Bellmore

$528,388

$554,519

4.9%

113

81

66

73

North Merrick

$557,291

$574,688

3.1%

44

8

82

39

Oceanside

$532,115

$552,727

3.9%

223

206

75

83

Pt Lookout

$938,889

$902,556

-3.9%

9

9

102

101

Rockville Centre

$748,802

$760,735

1.6%

144

156

79

87

Roosevelt

$391,453

$417,685

6.7%

108

84

59

74

S. Hempstead

$380,275

$481,471

26.6%

12

12

112

96

Stewart Manor

$636,380

$639,083

0.4%

15

6

42

69

Uniondale

$399,144

$424,734

6.4%

75

54

55

76

Valley Stream

$497,544

$539,562

8.4%

324

246

70

66

Wantagh

$555,221

$579,484

4.4%

229

189

60

62

West Hempstead

$513,718

$511,775

-0.4%

156

109

74

75

Woodmere

$886,819

$830,123

-6.4%

65

48

78

89

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9

HUNTINGTON TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 30th

% Town

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

$700,783

-1.6%

72

57

78

75

Cold Spring Harbor $1,394,711

$1,176,443

-15.6%

36

18

92

112

Commack

$526,448

$542,620

3.1%

261

177

66

57

Dix Hills

$775,452

$789,250

1.8%

266

221

86

92

East Northport

$520,733

$548,420

5.3%

213

221

58

63

Ft Salonga

$726,964

$780,000

7.3%

14

12

128

79

Greenlawn

$649,576

$568,990

-12.4%

92

58

88

68

Huntington

$630,236

$664,375

5.4%

305

307

72

75

Huntington Bay

$1,277,167

$1,213,188

-5.0%

21

16

101

113

Huntington Station $406,561

$442,270

8.8%

205

173

61

57

Lloyd Harbor

$1,645,386

$1,746,797

6.2%

33

24

132

173

Lloyd Neck

$1,222,733

$935,000

-23.5%

15

4

158

117

Melville

$782,484

$765,669

-2.1%

104

106

82

74

Northport

$751,713

$718,500

-4.4%

171

175

87

97

South Huntington

$541,839

$572,801

5.7%

43

39

73

75

Centerport

10

Average Sales Price 2019 $711,872

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ISLIP TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 30th

% Town

Avg. Sales Price 2019

Avg. Sales Price 2020

YoY Change

Homes Sold 2019

Homes Sold 2020

Days 0n Market 2019

Days 0n Market 2020

Bay Shore

$373,627

$416,024

11.3%

390

294

74

58

Bayport

$497,174

$553,366

11.3%

51

52

78

77

Bohemia

$396,268

$360,112

-9.1%

65

49

75

81

Brentwood

$340,147

$367,385

8.0%

255

164

60

72

Brightwaters

$546,000

$594,907

9.0%

26

27

66

57

Central Islip

$313,195

$344,770

10.1%

214

150

86

77

East Islip

$545,105

$515,596

-5.4%

109

84

82

67

Great River

$766,833

$662,625

-13.6%

6

8

37

55

Holbrook

$407,111

$427,362

5.0%

154

149

54

60

Holtsville

$421,747

$446,975

6.0%

84

70

49

59

Islandia

$328,480

$362,706

10.4%

25

17

69

65

Islip

$432,024

$477,453

10.5%

90

77

53

51

Islip Terrace

$391,599

$410,225

4.8%

71

69

53

55

Lake Ronkonkoma $358,765

$375,260

4.6%

73

24

48

64

Oakdale

$484,764

$532,022

9.7%

58

58

63

52

Ronkokoma

$374,480

$395,706

5.7%

210

208

57

61

Sayville

$474,605

$484,322

2.0%

91

78

63

82

West Islip

$499,211

$534,690

7.1%

175

144

60

51

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11

NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$793,424

$814,629

2.7%

37

35

76

69

Carle Place

$562,958

$548,405

-2.6%

26

21

71

73

East Hills

$1,195,492

$1,315,321

10.0%

59

56

83

115

East Williston

$991,313

$953,094

-3.9%

16

18

61

138

Floral Park

$644,609

$651,834

1.1%

160

104

74

70

Great Neck

$1,375,701

$1,445,664

5.1%

208

129

97

112

Manhasset

$1,813,560

$1,853,688

2.2%

140

148

103

96

Manhasset Hills

$907,604

$923,353

1.7%

24

17

66

60

Port Washington

$985,338

$1,052,449

6.8%

177

164

84

77

Roslyn

$1,104,287

$1,069,011

-3.2%

38

25

92

73

Roslyn Estates

$1,281,917

$1,506,429

17.5%

12

7

142

76

Roslyn Harbor

$1,704,500

$1,062,813

-37.6%

10

8

133

152

Rosyn Heights

$1,070,158

$1,193,362

11.5%

54

53

85

124

Sands Point

$2,552,806

$3,110,750

21.9%

16

38

167

155

Searingtown

$1,039,000

$1,079,400

3.9%

13

5

94

138

Westbury

$488,249

$523,735

7.3%

233

160

74

71

Williston Park

$630,817

$637,682

1.1%

51

34

52

70

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13

OYSTER BAY TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$609,343

$601,828

-1.2%

54

38

143

194

Bethpage

$503,940

$526,716

4.5%

136

126

57

69

Brookville

$1,966,976

$1,600,500

-18.6%

21

10

170

166

Centre Island

$1,621,667

$2,751,250

69.7%

3

8

129

309

Cove Neck

$1,040,000

$2,446,250

N/A

2

4

265

175

East Norwich

$666,550

$668,775

0.3%

30

20

76

95

Farmingdale

$465,334

$488,824

5.0%

192

146

51

69

Glen Cove

$615,272

$616,486

0.2%

125

122

94

102

Glen Head

$801,073

$814,620

1.7%

45

50

88

118

Glenwood Landing $560,250

$587,750

4.9%

8

6

57

121

Greenvale

$1,045,600

$691,153

-33.9%

5

4

79

93

Hicksville

$522,790

$541,744

3.6%

266

202

56

64

Jericho

$953,447

$921,752

-3.3%

121

59

76

97

Lattingtown

$1,367,625

$1,421,000

3.9%

16

12

174

169

Laurel Hollow

$1,328,667

$1,835,353

38.1%

12

21

144

106

Locust Valley

$819,363

$1,012,446

23.6%

40

36

89

143

Massapequa

$560,842

$578,536

3.2%

349

346

72

73t

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OYSTER BAY TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 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

$567,758

$571,060

0.6%

148

125

64

80

Muttontown

$1,391,079

$1,806,267

29.8%

19

30

129

192

North Massapequa $503,100

$503,517

0.1%

46

10

64

97

Old Bethpage

$655,248

$661,061

0.9%

32

33

34

92

Old Brookville

$1,931,667

$2,616,056

35.4%

12

18

101

173

Old Westbury

$1,716,496

$2,310,000

34.6%

26

26

163

234

Oyster Bay

$686,122

$795,056

15.9%

45

24

83

128

Oyster Bay Cove

$2,172,381

$1,456,722

-32.9%

21

18

161

104

Plainview

$658,115

$686,371

4.3%

250

186

61

81

Sea Cliff

$825,491

$808,760

-2.0%

41

43

74

112

Seaford

$495,235

$525,901

6.2%

159

147

64

74

Syosset

$859,517

$837,128

-2.6%

186

161

82

94

Upper Brookville

$1,774,733

$1,583,658

-10.8%

15

12

157

245

Westbury

$488,249

$523,735

7.3%

233

160

74

71

Woodbury

$1,154,933

$1,064,382

-7.8%

56

38

102

100

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15

SMITHTOWN TOWNSHIP MARKET REPORT 2020 Year-to-Date Analysis • January 1st - September 30th

% Town

16

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

$526,448

$542,620

3.1%

261

177

66

57

Hauppauge

$505,954

$536,872

6.1%

92

100

68

58

Head of the Harbor $932,500

$1,127,367

20.9%

9

15

97

167

Kings Park

$483,219

$495,164

2.5%

128

101

55

76

Lake Ronkonkoma

$358,765

$375,260

4.6%

73

24

48

64

Nesconset

$452,689

$515,885

14.0%

99

89

80

75

Nissequogue

$1,436,538

$1,117,333

-22.2%

13

18

120

212

Smithtown

$534,785

$540,608

1.1%

249

231

78

77

St James

$542,265

$589,613

8.7%

76

102

84

90

Signature Premier Properties

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Signature Premier Properties

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17

AMITY HARBOR

HUNTINGTON

RONKONKOMA

90 Montauk Highway Amity Harbor, NY 11701 Office: 631.842.8400

157 East Main Street Huntington, NY 11743 Office: 631.673.3700

4949 Express Drive N

BABYLON

MEDFORD

126 W Main Street Babylon, NY 11702 Office: 631.422.3100

3080 Route 112 Medford NY 11763 Office: 631.512.4520

COLD SPRING HARBOR

MERRICK 324 Merrick Avenue 157 Main Street Cold Spring Harbor, NY 11724 Merrick, NY 11566 Office: 516.546.6300 Office: 631.692.4800

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

DIX HILLS

190 Laurel Road East Northport, NY 11731 Office: 631.368.6800

180 Main Street Northport, NY 11768 Office: 631.754.3600

GARDEN CITY

ROCKVILLE CENTRE

730 Franklin Avenue Garden City, NY 11530 Office: 516.741.4333

75 Seaman Avenue Rockville Centre, NY 11570 Office: 516.766.7900

Suite 104 Ronkonkoma, NY 11779 Office: 516.766.7900 SAYVILLE 95 Main Street Sayville, NY 11782 Office: 631.567.0100 SMITHTOWN 7 West Main Street Smithtown, NY 11787 Office: 631.360.2800 SYOSSET 33 Jackson Avenue Syosset, NY 11791 Office: 516.921.1400 WANTAGH 1867 Wantagh Avenue Wantagh, NY 11793 Office: 516.785.0100 WOODBURY 7952 Jericho Turnpike Woodbury, NY 11797 Office: 516.496.0300

MAIN: 877.273.3750 18

Signature Premier Properties

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