2020 Annual Report
M A R K E T R E P O RT January 1st through December 31st
18 Offices Located Throughout Long Island
HUNTINGTON MILLER PLACE NORTHPORT SMITHTOWN WOODBURY EAST NORTHPORT
RONKONKOMA
SYOSSET COLD SPRING HARBOR GARDEN CITY
DIX HILLS
MEDFORD SAYVILLE
BABYLON ROCKVILLE CENTRE
WANTAGH MERRICK
AMITY HARBOR
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!
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Annual Report
IT’S A NEW YEAR 2020 was a year like no other. Due to Covid-19, many of our neighbors, friends and families have experienced life-changing and devastating hardships. Concurrently, both locally and nationally we have seen a strong and thriving real estate market powered by a 500% increase in people moving from cities to the suburbs, including a 27% increase in “temporary moves”- keeping suburban rental prices at their peak. In November and December respectively, we saw record highs and lows with the Dow reaching over 30,000, and mortgage rates falling to 2.66%. With these falling interest rates, came an extraordinary amount of pent-up buyer demand and fierce competition amongst buyers as new listings hit the market. A year of change - normally when the school year begins, the pool of buyers diminishes. After losing out in bidding wars during the summer, and with both parents and children challenged by the prospect of another year working and learning remotely, many families continued their home search throughout the fall to find a home more suitable to their new norm. The desire for the ever popular “open floor plan” has been replaced with that of more useable space and levels. Also, as more young adults have moved back home to work, we have seen a continued boost in multi-generational home sales. According to OneKey MLS, the Median Closed Sale Price in Suffolk County was up 11.3% from 2019, and up 7.5% in Nassau County. On Long Island, despite a 3-month pause in real estate activities due to the pandemic, Pending (Under Contract) Sales activity in 2020 was up 2.2% from 2019. We expect to continue to see stronger than normal months of home sales in the upcoming months. Amidst so much change for everyone, one thing is for certain – the events of 2020 have made us all address and embrace the importance of both HOME and FAMILY! We hope you and your families are safe, well and full of hope for all of the great things to come in the upcoming year. As always, your Signature Premier Properties agent is here to guide you with all of your home buying and selling needs. Call us to help you make your next move in 2021!
4
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BABYLON TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% 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
$372,385
$415,811
11.7%
18
16
87
57
Amityville
$389,136
$414,308
6.5%
155
164
59
63
Babylon
$506,017
$616,430
21.8%
155
160
66
70
Copiague
$369,339
$410,364
11.1%
167
166
66
66
Deer Park
$406,120
$442,587
9.0%
245
246
56
54
Lindenhurst
$387,914
$420,532
8.4%
455
423
64
60
North Babylon
$395,843
$426,932
7.9%
167
154
48
45
West Babylon
$390,389
$428,772
9.8%
339
332
55
49
Wheatley Heights
$403,262
$418,587
3.8%
49
41
65
84
Wyandanch
$270,335
$332,520
23.0%
98
74
59
81
Signature Premier Properties
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5
BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
%
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
$1,066,400
$770,652
-27.7%
10
8
144
164
Bellport
$280,087
$314,633
12.3%
66
69
78
55
Blue Point
$515,989
$515,038
-0.2%
46
40
89
58
Brookhaven
$414,747
$500,304
20.6%
27
42
76
87
Center Moriches
$457,431
$463,040
1.2%
117
124
109
85
Centereach
$354,684
$389,965
9.9%
253
237
68
57
Coram
$338,010
$377,346
11.6%
228
238
74
69
East Moriches
$462,035
$612,893
32.7%
64
65
113
123
East Setauket
$459,647
$525,204
14.3%
85
96
70
77
Farmingville
$361,949
$404,738
11.8%
159
144
63
70
Holbrook
$409,288
$436,096
6.5%
209
226
54
52
Holtsville
$431,360
$461,422
7.0%
116
104
59
61
Lake Grove
$444,940
$468,125
5.2%
62
123
127
65
Lake Ronkonkoma $359,298
$391,582
9.0%
80
43
53
61
Manorville
$451,523
$489,659
8.4%
89
132
133
93
Mastic
$240,039
$280,396
16.8%
213
211
64
65
Medford
$344,699
$392,665
13.9%
347
333
80
78
Signature Premier Properties
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BROOKHAVEN TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% 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
$303,620
$356,391
17.4%
83
87
77
79
Miller Place
$440,632
$487,647
10.7%
154
140
104
83
Moriches
$383,333
$400,322
4.4%
23
19
82
98
Mt Sinai
$516,948
$547,895
6.0%
133
128
76
74
Patchogue
$346,777
$373,303
7.6%
271
254
58
63
Port Jefferson
$552,415
$548,241
-0.8%
85
70
91
80
Pt Jefferson Station $369,817
$405,607
9.7%
266
254
72
68
Ridge
$330,217
$363,928
10.2%
121
117
73
73
Rocky Point
$302,579
$344,362
13.8%
121
202
73
62
Selden
$331,807
$362,694
9.3%
297
292
62
56
Setauket
$656,944
$676,136
2.9%
153
117
103
80
South Setauket
$418,294
$471,226
12.7%
65
67
77
53
Shirley
$272,981
$311,865
14.2%
378
386
67
69
Shoreham
$452,425
$491,374
8.6%
83
94
92
62
Sound Beach
$286,608
$313,891
9.5%
125
105
62
66
Stony Brook
$490,183
$535,527
9.3%
162
163
68
68
Yaphank
$319,561
$392,977
23.0%
56
27
65
64
Signature Premier Properties
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7
HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
%
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
$943,906
$924,106
-2.1%
32
33
87
121
Baldwin
$455,628
$484,265
6.3%
260
212
73
76
Baldwin Harbor
$496,545
$706,727
42.3%
11
11
107
74
Bellerose
$644,929
$682,127
5.8%
82
86
82
101
Bellmore
$551,176
$632,279
14.7%
173
191
72
76
Cedarhurst
$799,590
$848,097
6.1%
39
36
91
100
East Meadow
$553,658
$566,650
2.3%
279
322
63
59
East Rockaway
$498,806
$547,584
9.8%
106
114
83
91
Elmont
$472,541
$507,665
7.4%
297
238
69
81
Floral Park
$645,281
$664,802
3.0%
220
186
73
60
Franklin Square
$560,570
$594,853
6.1%
196
177
63
74
Freeport
$397,781
$443,650
11.5%
336
315
9
85
Garden City
$1,025,784
$1,067,950
4.1%
215
225
76
67
Garden City South $659,182
$691,316
4.9%
22
19
58
78
Hewlett
$647,384
$691,131
6.8%
65
64
82
101
Hewlett Harbor
$1,167,370
$1,227,313
5.1%
21
16
83
100
Signature Premier Properties
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HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% 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
$2,168,500
88.6%
2
2
180
88
Inwood
$432,788
$492,614
13.8%
25
22
76
93
Island Park
$482,528
$524,640
8.7%
82
76
92
84
Lawrence
$1,188,882
$1,417,200
19.2%
38
25
91
120
Levittown
$456,806
$491,974
7.7%
479
465
54
61
Lido Beach
$908,724
$887,084
-2.4%
29
32
117
151
Long Beach
$610,657
$679,104
11.2%
224
234
98
90
Lynbrook
$531,788
$566,585
6.5%
157
190
65
63
Malverne
$538,528
$563,087
4.6%
102
94
72
64
Merrick
$612,281
$667,719
9.1%
343
409
64
73
Mineola
$581,513
$632,241
8.7%
99
101
62
72
New Hyde Park
$680,097
$716,142
5.3%
261
228
76
76
North Baldwin
$395,843
$472,224
19.3%
167
95
48
63
North Bellmore
$535,059
$562,248
5.1%
149
126
66
64
North Merrick
$558,956
$575,950
3.0%
50
10
80
57
Oceanside
$542,690
$557,110
2.7%
313
296
78
78
Pt Lookout
$1,139,808
$1,025,500
-10.0%
13
17
159
123
Rockville Centre
$726,748
$791,764
8.9%
209
253
83
78
Roosevelt
$386,551
$420,232
8.7%
148
120
58
81
S. Hempstead
$393,076
$475,806
21.0%
17
16
83
78
Stewart Manor
$625,594
$654,950
4.7%
18
10
81
61
Uniondale
$413,724
$435,259
5.2%
110
86
58
70
Valley Stream
$504,369
$549,796
9.0%
435
394
69
63
Wantagh
$561,517
$588,620
4.8%
304
291
60
59
West Hempstead
$516,040
$520,979
1.0%
220
184
79
71
Woodmere
$865,450
$855,323
-1.2%
90
102
86
85
Signature Premier Properties
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9
HUNTINGTON TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% 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
$701,281
$769,337
9.7%
99
94
71
76
$1,548,430
13.1%
43
43
97
111
Cold Spring Harbor $1,369,192
10
Commack
$528,394
$557,520
5.5%
331
287
64
56
Dix Hills
$784,267
$826,732
5.4%
335
356
91
81
East Northport
$523,817
$554,487
5.9%
305
330
58
57
Ft Salonga
$812,368
$868,455
6.9%
19
22
124
84
Greenlawn
$621,393
$610,707
-1.7%
116
92
82
58
Huntington
$636,430
$695,631
9.3%
415
499
72
66
Huntington Bay
$1,351,420
$1,241,111
-8.2%
25
27
97
100
Huntington Station $401,626
$453,785
13.0%
282
271
62
49
Lloyd Harbor
$1,627,096
$1,740,684
7.0%
41
44
128
136
Lloyd Neck
$1,259,765
$1,292,655
2.6%
17
11
154
129
Melville
$771,251
$811,180
5.2%
149
166
80
67
Northport
$726,108
$781,059
7.6%
243
289
88
94
South Huntington
$525,267
$600,636
14.3%
64
57
71
82
Signature Premier Properties
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ISLIP TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% Town
Avg. Sales Price 2019
Avg. Sales Price 2020
Year Over Year Change
No. Homes Sold 2019
No. Homes Sold 2020
No. Days 0n Market 2019
No. Days 0n Market 2020
Bay Shore
$378,519
$422,344
11.6%
523
444
71
53
Bayport
$522,621
$569,687
9.0%
80
72
75
67
Bohemia
$401,395
$395,192
-1.5%
96
73
77
72
Brentwood
$347,758
$377,940
8.7%
361
253
61
70
Brightwaters
$584,923
$612,375
4.7%
52
42
50
61
Central Islip
$319,160
$349,870
9.6%
285
209
79
69
East Islip
$521,163
$531,008
1.9%
155
129
75
58
Great River
$730,111
$715,059
-2.1%
9
17
51
56
Holbrook
$409,288
$436,096
6.5%
209
226
54
52
Holtsville
$431,360
$461,422
7.0%
116
104
59
61
Islandia
$332,387
$378,161
13.8%
31
28
64
73
Islip
$426,705
$489,377
14.7%
132
143
52
51
Islip Terrace
$394,393
$415,797
5.4%
94
96
54
47
Lake Ronkonkoma $359,298
$391,582
9.0%
80
43
53
61
Oakdale
$504,194
$523,796
3.9%
79
94
75
53
Ronkokoma
$373,789
$406,493
8.7%
290
311
58
53
Sayville
$493,820
$501,324
1.5%
130
125
66
65
West Islip
$520,516
$549,757
5.6%
251
237
57
49
Signature Premier Properties
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11
NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
%
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
$765,051
$796,229
4.1%
53
59
69
64
Carle Place
$571,642
$558,013
-2.4%
31
28
64
64
East Hills
$1,177,347
$1,303,145
10.7%
72
79
82
106
East Williston
$1,004,737
$1,000,857
-0.4%
19
23
66
120
Floral Park
$645,281
$664,802
3.0%
220
186
73
60
Great Neck
$1,389,123
$1,447,184
4.2%
285
232
99
101
Manhasset
$1,760,066
$1,861,236
5.7%
183
198
100
89
Manhasset Hills
$899,177
$984,263
9.5%
31
32
67
70
Port Washington
$953,182
$1,026,808
7.7%
248
246
83
71
Roslyn
$1,124,959
$1,093,134
-2.8%
51
45
94
91
Roslyn Estates
$1,489,944
$1,507,500
1.2%
18
15
122
79
Roslyn Harbor
$1,565,000
$1,396,531
-10.8%
13
16
140
177
Rosyn Heights
$1,086,729
$1,142,366
5.1%
70
80
88
116
Sands Point
$2,594,313
$3,116,270
20.1%
22
50
145
159
Searingtown
$1,073,800
$1,040,875
-3.1%
15
8
95
126
Westbury
$494,674
$551,437
11.5%
328
273
72
69
Williston Park
$642,826
$658,695
2.5%
64
55
55
63
Signature Premier Properties
877.273.3750 | signaturepremier.com
Although 2020 brought us its own unique challenges, we persevered and saw some of our highest numbers.
$3B+
$2.6B
UNDER CONTRACT VOLUME
CLOSED SALES VOLUME
2 TOP
REAL ESTATE COMPANY ON LONG ISLAND
4,500
CLOSED SALES
5,187
UNDER CONTRACT
3,273
LISTINGS TAKEN
*Information obtained from MLSLI, top 10 real estate companies for residential in Nassau and Suffolk counties 1/1/2020 - 12/31/2020 Information obtained from MLSLI, top 10 real estate companies for closed, residential, condo, land, & commercial listings in all counties 1/1/2019 - 12/31/2020 Signature Premier Properties
877.273.3750 | signaturepremier.com
13
OYSTER BAY TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
%
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
$632,436
$687,315
8.7%
72
71
145
153
Bethpage
$500,279
$542,911
8.5%
190
203
55
68
Brookville
$1,951,500
$1,893,908
-3.0%
26
20
192
179
Centre Island
$1,621,667
$2,637,182
62.6%
3
11
129
253
Cove Neck
$1,040,000
$2,356,800
126.6%
2
5
265
151
East Norwich
$669,603
$692,292
3.4%
34
32
76
82
Farmingdale
$461,899
$506,546
9.7%
265
236
51
63
Glen Cove
$611,139
$626,321
2.5%
155
191
89
96
Glen Head
$793,895
$819,214
3.2%
59
82
79
93
Glenwood Landing $557,386
$710,036
27.4%
11
14
57
109
Greenvale
$917,429
$690,352
-24.8%
7
6
69
73
Hicksville
$524,060
$558,322
6.5%
375
33
56
68
Jericho
$950,172
$938,215
-1.3%
154
99
84
102
Lattingtown
$1,479,119
$1,426,684
-3.5%
21
19
192
182
Laurel Hollow
$1,289,938
$1,782,281
38.2%
16
30
128
109
Locust Valley
$770,594
$1,127,213
46.3%
53
66
85
117
Massapequa
$558,987
$556,874
-0.4%
527
500
67
69
Signature Premier Properties
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OYSTER BAY TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
% 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
$558,073
$572,537
2.6%
221
202
60
54
Muttontown
$1,365,596
$1,756,798
28.6%
26
45
122
196
North Massapequa $504,445
$516,106
2.3%
53
11
70
94
Old Bethpage
$670,464
$665,689
-0.7%
50
53
53
77
Old Brookville
$1,948,125
$2,410,333
23.7%
16
24
154
148
Old Westbury
$1,795,053
$2,238,724
24.7%
36
42
170
210
Oyster Bay
$673,639
$735,959
9.3%
61
53
84
114
Oyster Bay Cove
$1,964,593
$1,348,093
-31.4%
27
27
156
113
Plainview
$648,373
$687,870
6.1%
325
298
67
72
Sea Cliff
$842,537
$843,010
0.1%
58
70
91
95
Seaford
$501,961
$537,970
7.2%
222
220
68
68
Syosset
$867,863
$849,349
-2.1%
238
269
81
89
Upper Brookville
$1,756,429
$1,712,744
-2.5%
21
16
157
231
Westbury
$494,674
$551,437
11.5%
328
273
72
69
Woodbury
$1,199,975
$1,115,820
-7.0%
79
64
106
98
Signature Premier Properties
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15
SMITHTOWN TOWNSHIP MARKET REPORT 2020 Annual Report • January 1st - December 31st
%
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
$528,394
$557,520
5.5%
331
287
64
50
Hauppauge
$504,500
$559,034
10.8%
120
138
69
57
Head of the Harbor $867,167
$1,079,900
24.5%
9
20
92
147
Kings Park
$479,264
$512,013
6.8%
178
164
55
59
Lake Ronkonkoma $359,298
$391,582
9.0%
80
43
53
61
Nesconset
$465,275
$521,429
12.1%
146
140
77
65
Nissequogue
$1,182,025
$1,176,315
-0.5%
20
27
138
161
Smithtown
$533,261
$559,459
4.9%
347
357
74
69
St James
$530,252
$605,283
14.2%
116
163
78
83
Signature Premier Properties
877.273.3750 | signaturepremier.com
Despite the challenges of last year, Signature is proud of the support we were able to lend our communities in a time of need.
Throughout 2020, we: • Raised money for the Australian Wild Fires • Volunteered to serve a sit down meal at a local church • Hosted a blooddrive that saved the lives of 102 people • Opened our very own Signature Food Pantry • Donated an abundance of school supplies to locals • Helped to build a home with Habitat for Humanity • Donated Thanksgiving Meals to 581 families • Collected holiday toys for families in need • And much more in between! Thanks to all who contributed!
Signature Premier Properties
877.273.3750 | signaturepremier.com
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: 631.585.8400 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
877.273.3750 | signaturepremier.com