2021 Mid Year Market Report

2021 Mid-Year Analysis

MARKET REPORT January 1st through June 30th

19 Offices Located Throughout Long Island

HUNTINGTON

EAST SETAUKET 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!

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Mid-Year Review

A SIZZLIN’ SHOWDOWN Summer is in full swing and we’re halfway through 2021! This summer season looks much different than last year, businesses are open, restrictions are lifted, and life is getting back to normal more and more each day. Even with all of the distractions of summer, home sales are climbing, and the real estate market is continuing to see unprecedented growth.

Just like the temperature outside, the real estate market is hot, hot, hot! Driven by a lack of supply of homes for sale, low mortgage interest rates, and intense buyer demand, home prices have hit record highs in both Nassau and Suffolk Counties.

According to OneKey MLS, in a June over June comparison, the median residential home sale price was up 16.2% in Nassau and 18.9% in Suffolk.

The frenzy of buyers that was prevalent as we came out of the Covid-19 lockdown last year has started to slow down, but competition for homes is still fierce, especially at the entry-level price points. We’re still seeing multiple offers and bidding wars on the vast majority of homes. At the end of June, there was a 2.3-month supply of housing inventory in Nassau County and a 1.9-month supply in Suffolk County. Many economists are predicting more homes will be coming to market across the country towards the end of this year and we are slowly starting to see the signs of that here on Long Island. This would be a welcomed relief to buyers that have been shut out of the market during one of the most active sales periods in recent history.

There’s no doubt it’s a competitive market that’s heavily skewed in favor of sellers, but well prepared and strategic buyers are winning contracts despite the rising prices and low inventory. An influx of sellers would alleviate some of this competitive pressure that buyers are facing, but buyers must still be prepared to make strong offers to win out in a multiple-bid scenario.

In this scorching summer market, your Signature Premier Properties agent is here to give you the most timely and accurate market and pricing information to help you make the most informed decision when it comes to the home selling & buying process. If you’re thinking about buying or selling, give us a call. Get out there and enjoy the rest of your summer!

Best Regards, Peter Morris & Kathy Viard

4

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BABYLON TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Amity Harbor

$330,998

$454,692

37.4%

4

13

51

42

Amityville

$363,727

$475,184

30.6%

63

87

63

59

Babylon

$517,637

$610,931

18.0%

52

82

93

46

Copiague

$405,477

$463,896

14.4%

74

57

63

44

Deer Park

$433,572

$495,840

14.4%

104

141

57

41

Lindenhurst

$413,318

$463,130

12.1%

174

261

65

46

North Babylon

$405,963

$475,940

17.2%

71

90

49

42

West Babylon

$410,760

$487,178

18.6%

133

194

53

38

Wheatley Heights

$421,000

$459,705

9.2%

14

29

71

69

Wyandanch

$311,812

$342,778

9.9%

34

36

85

72

Town

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5

BROOKHAVEN TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Town

6

Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Belle Terre

$751,667

$886,417

17.9%

3

6

80

97

Bellport

$282,623

$369,923

30.9%

33

39

56

38

Blue Point

$451,193

$529,188

17.3%

15

30

70

45

Brookhaven

$475,853

$548,700

15.3%

17

22

110

57

Center Moriches

$488,512

$539,369

10.4%

46

53

96

49

Centereach

$394,125

$435,431

10.5%

93

122

65

36

Coram

$349,334

$422,522

21.0%

95

131

81

49

East Moriches

$516,718

$641,722

24.2%

27

30

138

65

East Setauket

$626,314

$581,970

-7.1%

44

50

98

57

Farmingville

$383,419

$442,004

15.3%

70

85

75

58

Holbrook

$418,465

$480,522

14.8%

95

101

58

53

Holtsville

$422,204

$505,409

19.7%

39

56

67

27

Lake Grove

$455,419

$519,321

14.0%

55

61

63

60

Lake Ronkonkoma $381,650

$447,307

17.2%

17

41

75

36

Manorville

$450,378

$536,025

19.0%

57

59

89

76

Mastic

$265,926

$318,758

19.9%

98

118

58

52

Medford

$363,918

$427,411

17.4%

148

146

81

50

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BROOKHAVEN TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Town

Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Middle Island

$311,698

$400,931

28.6%

34

37

80

72

Miller Place

$451,284

$584,964

29.6%

46

86

109

67

Moriches

$392,050

$544,773

39.0%

10

11

82

94

Mt Sinai

$477,405

$595,031

24.6%

47

65

82

75

Patchogue

$351,483

$409,111

16.4%

94

148

77

45

Port Jefferson

$508,800

$596,568

17.3%

30

44

98

84

Pt Jefferson Station $380,231

$440,563

15.9%

89

139

102

48

Ridge

$348,730

$424,501

21.7%

49

74

97

51

Rocky Point

$322,545

$395,091

22.5%

86

102

68

36

Selden

$350,240

$403,102

15.1%

107

142

65

47

Setauket

$626,314

$684,906

9.4%

44

62

98

77

Shirley

$286,421

$355,571

24.1%

165

214

81

54

Shoreham

$460,171

$540,624

17.5%

37

35

67

43

Sound Beach

$308,567

$375,581

21.7%

40

59

73

53

South Setauket

$435,229

$564,191

29.6%

24

32

65

49

Stony Brook

$514,528

$593,532

15.4%

59

82

74

49

Yaphank

$415,222

$419,232

1.0%

9

22

82

39

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7

HEMPSTEAD TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Atlantic Beach

$900,962

$1,378,182

53.0%

13

22

147

89

Baldwin

$481,436

$544,782

13.2%

71

111

70

56

Baldwin Harbor

$921,666

$565,300

-38.7%

3

5

55

83

Bellerose

$674,107

$712,491

5.7%

27

67

110

59

Bellmore

$594,390

$610,091

2.6%

48

126

75

54

Cedarhurst

$782,056

$863,278

10.4%

18

27

82

63

East Meadow

$563,812

$629,914

11.7%

113

184

65

56

East Rockaway

$529,256

$614,151

16.0%

41

76

73

58

Elmont

$509,037

$560,972

10.2%

90

132

71

61

Floral Park

$642,296

$714,693

11.3%

65

137

76

63

Franklin Square

$580,368

$644,883

11.1%

60

122

100

60

Freeport

$410,270

$516,503

25.9%

121

167

77

58

$1,036,220

$1,154,788

11.4%

76

119

86

55

Garden City South $663,111

$671,125

1.2%

9

12

103

52

Hewlett

$666,583

$663,113

-0.5%

25

30

92

92

Hewlett Harbor

$1,282,688

$1,820,000

41.9%

8

10

133

275

Town

Garden City

8

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HEMPSTEAD TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Town

Average Sales Price 2020

Hewlett Neck

$2,325,000

Average Sales Price 2021 -

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

-100.0%

1

0

33

0

Inwood

$433,875

$576,462

32.9%

13

13

74

173

Island Park

$555,182

$583,605

5.1%

22

62

85

74

Lawrence

$1,482,000

$1,451,182

-2.1%

9

11

155

62

Levittown

$475,742

$539,950

13.5%

168

258

71

44

Lido Beach

$717,363

$1,108,881

54.6%

6

21

80

81

Long Beach

$648,656

$807,041

24.4%

82

134

92

85

Lynbrook

$553,913

$595,047

7.4%

61

114

85

50

Malverne

$538,931

$608,346

12.9%

32

70

89

60

Merrick

$641,011

$729,136

13.7%

123

203

85

63

Mineola

$591,995

$649,654

9.7%

44

69

87

69

New Hyde Park

$726,579

$724,435

-0.3%

91

189

80

71

North Baldwin

$436,983

$527,324

20.7%

35

40

65

53

North Bellmore

$594,390

$631,311

6.2%

48

75

75

50

North Merrick

$574,583

$581,286

1.2%

6

7

42

79

Oceanside

$550,797

$624,752

13.4%

124

175

87

58

Pt Lookout

$834,167

$1,206,167

44.6%

6

9

102

98

Rockville Centre

$752,979

$804,376

6.8%

96

130

84

69

Roosevelt

$410,412

$452,910

10.4%

56

50

72

84

S. Hempstead

$508,571

$528,385

3.9%

7

13

98

49

Stewart Manor

$544,000

$633,357

16.4%

3

14

66

57

Uniondale

$424,093

$502,455

18.5%

35

67

76

50

Valley Stream

$420,885

$583,207

38.6%

130

243

65

58

Wantagh

$588,191

$637,224

8.3%

112

181

70

46

West Hempstead

$508,045

$590,577

16.2%

66

95

74

55

Woodmere

$813,976

$856,425

5.2%

25

60

94

101

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9

HUNTINGTON TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Town

Centerport

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

$737,149

26.2%

31

45

79

67

$1,545,659

25.2%

11

22

103

84

Average Sales Price 2021

$583,884

Cold Spring Harbor $1,235,043

10

YoY Change

Average Sales Price 2020

Commack

$519,925

$643,558

23.8%

105

156

61

41

Dix Hills

$766,983

$907,824

18.4%

113

176

86

66

East Northport

$545,840

$587,482

7.6%

110

154

66

34

Ft Salonga

$802,800

$1,121,802

39.7%

5

9

133

46

Greenlawn

$549,311

$665,927

21.2%

33

42

74

65

Huntington

$650,035

$704,526

8.4%

163

256

76

51

Huntington Bay

$1,064,667

$1,811,000

70.1%

6

12

63

93

Huntington Station $438,105

$485,909

10.9%

105

149

57

45

Lloyd Harbor

$1,519,543

$1,822,989

20.0%

15

46

154

127

Lloyd Neck

$976,667

$1,266,813

29.7%

3

16

150

122

Melville

$725,210

$796,908

9.9%

59

86

81

69

Northport

$695,354

$835,150

20.1%

87

138

101

74

South Huntington

$590,693

$607,157

2.8%

22

35

78

43

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ISLIP TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Avg. Sales Price 2020

Avg. Sales Price 2021

YoY Change

Homes Sold 2020

Homes Sold 2021

Days 0n Market 2020

Days 0n Market 2021

Bay Shore

$409,445

$456,592

11.5%

200

247

56

51

Bayport

$533,460

$645,918

21.1%

30

45

76

64

Bohemia

$321,400

$434,474

35.2%

30

38

87

62

Brentwood

$362,357

$411,010

13.4%

98

121

82

59

Brightwaters

$549,000

$693,325

26.3%

13

20

88

56

Central Islip

$341,464

$380,439

11.4%

102

113

81

50

East Islip

$502,884

$617,588

22.8%

55

83

73

68

Great River

$771,500

$810,000

5.0%

4

2

56

22

Holbrook

$418,465

$480,525

14.8%

95

101

58

53

Holtsville

$422,204

$505,409

19.7%

39

56

67

27

Islandia

$345,500

$451,889

30.8%

12

18

81

63

Islip

$482,187

$561,574

16.5%

45

57

52

72

Islip Terrace

$393,602

$484,711

23.1%

42

45

65

47

Lake Ronkonkoma $381,650

$447,307

17.2%

17

41

75

36

Oakdale

$555,619

$559,581

0.7%

36

37

48

55

Ronkokoma

$388,780

$456,182

17.3%

114

162

63

41

Sayville

$473,329

$555,893

17.4%

46

69

86

49

West Islip

$523,034

$592,131

13.2%

83

139

60

41

Town

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11

NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

$755,778

-8.8%

25

27

79

75

$545,905

$678,944

24.4%

10

18

63

88

East Hills

$1,324,923

$1,343,479

1.4%

26

43

130

80

East Williston

$912,125

$1,006,754

10.4%

8

13

130

112

Floral Park

$642,296

$715,543

11.4%

65

136

76

63

Great Neck

$1,440,638

$1,580,000

9.7%

75

182

113

90

Manhasset

$1,816,642

$1,820,902

0.2%

80

103

116

90

Manhasset Hills

$883,400

$997,500

12.9%

5

12

63

39

Port Washington

$1,007,686

$998,119

-0.9%

86

113

81

69

Roslyn

$1,041,918

$1,136,440

9.1%

12

32

89

71

Roslyn Estates

$1,510,000

$1,536,667

1.8%

3

3

59

78

Roslyn Harbor

$833,333

$1,782,500

113.9%

3

8

212

132

Rosyn Heights

$1,224,563

$1,074,686

-12.2%

28

43

101

107

Sands Point

$2,829,679

$3,202,368

13.2%

17

32

207

156

Searingtown

$1,017,333

$1,217,000

19.6%

3

4

190

84

Westbury

$522,751

$594,701

13.8%

87

207

74

64

Williston Park

$651,063

$736,436

13.1%

19

32

60

66

Town

12

Average Sales Price 2020

Average Sales Price 2021

Albertson

$828,880

Carle Place

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Surfer’s Way Outing EMPOWERING CHILDREN WITH SPECIAL NEEDS

TUESDAY, AUGUST 17 RIVERSIDE BEACH, LONG BEACH

Surfing has been known to touch children with special needs and create a personal sense of accomplishment. Through Surfer’s Way, every child can have the chance to experience the freedom of surfing, regardless of their challenges.

In order to ensure the safety of this event, it will operate at a reduced capacity. As such, we please ask that you only register your child for ONE of the two dates so we can give as many children the opportunity to participate as possible. Children surf for about 20 minutes in appointments from 9am - 1pm.

To register your child, please email SurfersWay@gmail.com and include: -Child’s name AND age -Parent / Guardian name and contact # -Outing Date preferred.

You will receive email confirmation when your child is registered.

Signature Premier Properties is a proud sponsor Signature Premier Properties

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13

OYSTER BAY TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Town

14

Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Bayville

$617,985

$768,183

24.3%

15

37

212

98

Bethpage

$517,404

$593,563

14.7%

66

112

72

50

Brookville

$1,712,500

$2,288,571

33.6%

4

14

261

201

Centre Island

$2,766,667

$5,350,000

93.4%

3

2

277

410

Cove Neck

$1,767,500

$1,600,000

-9.5%

2

1

86

671

East Norwich

$677,538

$762,474

12.5%

13

19

114

46

Farmingdale

$485,031

$562,890

16.1%

88

129

74

51

Glen Cove

$561,907

$753,165

34.0%

70

100

108

73

Glen Head

$849,424

$851,323

0.2%

33

31

120

67

Glenwood Landing $495,500

$644,250

30.0%

3

4

84

53

Greenvale

$515,000

$875,833

70.1%

2

6

85

26

Hicksville

$526,941

$604,149

14.7%

122

211

68

56

Jericho

$880,372

$1,020,015

15.9%

36

77

105

86

Lattingtown

$1,599,571

$2,515,083

57.2%

7

6

197

121

Laurel Hollow

$1,989,917

$1,821,533

-8.5%

13

15

118

127

Locust Valley

$1,089,812

$1,151,893

5.7%

13

42

102

64

Massapequa

$567,152

$629,790

11.0%

192

277

75

52

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OYSTER BAY TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Massapequa Park

$562,083

$628,866

11.9%

65

128

55

52

Muttontown

$1,814,214

$1,670,674

-7.9%

14

23

193

128

North Massapequa $469,034

$623,442

32.9%

5

6

61

89

Old Bethpage

$638,472

$779,458

22.1%

18

20

98

57

Old Brookville

$2,699,000

$2,034,500

-24.6%

10

25

194

163

Old Westbury

$2,617,813

$2,581,620

-1.4%

16

25

269

197

Oyster Bay

$939,637

$808,186

-14.0%

9

26

176

93

Oyster Bay Cove

$1,412,300

$2,225,656

57.6%

10

16

81

159

Plainview

$681,248

$735,437

8.0%

123

180

79

63

Sea Cliff

$773,736

$974,305

25.9%

25

43

108

110

Seaford

$502,703

$577,288

14.8%

79

102

79

51

Syosset

$805,547

$903,835

12.2%

86

161

92

71

Upper Brookville

$1,563,429

$2,103,846

34.6%

7

13

202

139

Westbury

$527,163

$594,701

12.8%

88

207

74

64

Woodbury

$1,050,000

$1,286,970

22.6%

12

33

144

101

Town

Signature Premier Properties

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15

SMITHTOWN TOWNSHIP MARKET REPORT 2021 Mid-Year Analysis • January 1st - June 30th

% Average Sales Price 2020

Average Sales Price 2021

YoY Change

No. Homes Sold 2020

No. Homes Sold 2021

No. Days on Market 2020

No. Days on Market 2021

Commack

$519,925

$643,558

23.8%

105

156

61

41

Hauppauge

$522,314

$627,108

20.1%

58

72

67

53

Head of the Harbor $1,114,188

$818,000

-26.6%

8

5

217

223

Kings Park

$490,912

$554,020

12.9%

51

87

70

36

Lake Ronkonkoma

$381,650

$447,307

17.2%

17

41

75

36

Nesconset

$501,739

$581,507

15.9%

49

52

81

42

Nissequogue

$1,153,700

$1,198,333

3.9%

10

12

269

99

Smithtown

$537,848

$600,623

11.7%

139

170

82

56

St James

$560,881

$683,007

21.8%

61

91

96

64

Town

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Signature Premier Properties

877.273.3750 | signaturepremier.com

Signature University A Division Of Signature Premier Properties

Comprehensive Course Catalogue and Training Program.

Online and in-person courses at our state of the art education center.

At Signature Premier Properties we pride ourselves on giving our agents the tools they need to succeed. It is important for our agents to be trained in the latest strategies in our industry, so they can properly serve our communities the best way possible.

We created Signature University to provide training and strategic guidance to empower our agents with the best tools and latest information. The University is a comprehensive collection of virtual and in person courses designed to ensure our agents have the most relevant information and tools at their disposal. From staying up to date on all the latest rules and regulations to being trained on the latest technology and marketing tools.

Whether you are new to the real estate business or an experienced agent new to Signature, we are confident Signature University will provide value and give you the edge to be on track for a successful real estate career.

signaturepremier.com | 877.273.3750

Signature Premier Properties

877.273.3750 | signaturepremier.com

17

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AMITY HARBOR 90 Montauk Highway Amity Harbor, NY 11701 Office: 631.842.8400

HUNTINGTON 157 East Main Street Huntington, NY 11743 Office: 631.673.3700

SAYVILLE 95 Main Street Sayville, NY 11782 Office: 631.567.0100

BABYLON 126 W Main Street Babylon, NY 11702 Office: 631.422.3100

MEDFORD 3080 Route 112 Medford NY 11763 Office: 631.512.4520

SMITHTOWN 7 West Main Street Smithtown, NY 11787 Office: 631.360.2800

COLD SPRING HARBOR 157 Main Street Cold Spring Harbor, NY 11724 Office: 631.692.4800

MERRICK 324 Merrick Avenue Merrick, NY 11566 Office: 516.546.6300

SYOSSET 33 Jackson Avenue Syosset, NY 11791 Office: 516.921.1400

DIX HILLS 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

WANTAGH 1867 Wantagh Avenue Wantagh, NY 11793

EAST NORTHPORT 190 Laurel Road East Northport, NY 11731 Office: 631.368.6800

NORTHPORT 180 Main Street Northport, NY 11768 Office: 631.754.3600

EAST SETAUKET 750 Route 25A East Setauket, NY 11733 Office: 631.751.2111

ROCKVILLE CENTRE 75 Seaman Avenue Rockville Centre, NY 11570 Office: 516.766.7900

GARDEN CITY 730 Franklin Avenue Garden City, NY 11530 Office: 516.741.4333

RONKONKOMA 4949 Express Drive N Suite 104 Ronkonkoma, NY 11779 Office: 631.585.8400

Signature Premier Properties

WOODBURY 7952 Jericho Turnpike Woodbury, NY 11797 Office: 516.496.0300

MAIN: 877.273.3750

877.273.3750 | signaturepremier.com