2022 Mid-Year Analysis
MARKET REPORT January 1st through June 30th
21 Offices Located Throughout Long Island
EAST SETAUKET
HUNTINGTON
MILLER PLACE NORTHPORT SMITHTOWN SEA CLIFF
WOODBURY
EAST NORTHPORT
RONKONKOMA
SYOSSET COLD SPRING HARBOR GARDEN CITY
DIX HILLS BABYLON ROCKVILLE CENTRE WANTAGH MERRICK
COMING SOON*
AMITY HARBOR MASSAPEQUA PARK*
SAYVILLE
Table of Contents Babylon Township WADING RIVER
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 SARASOTA a *D ta in this Market Report is sourced from Onekey MLS for Nassau County
Mid-Year Review
A SIZZLIN’ SLOWDOWN? Just like that, we’re halfway through the year! The summer season is in full swing, and while the weather may be heating up, the housing market is starting to oc ol down. The real estate frenzy of the past two years was marked by intense oc mpetition between buyers and a record low inventory of available homes. Now with soaring market is beginning to show signs of slowing down, u j st as we hit the dog days of summer. Although the market remains strong overall, we are seeing subtle signs of a shift: no longer are there lengthy lines at open houses, the bidding wars are not as
In a recent June real estate market report published by OneKey MLS, lc osed residential single and multi-family homes fell by 15% in Nassau County and 9.7% in Suffolk County when oc mpared to June of 2021. Across the oc untry, the inventory of houses for sale is slowly beginning to rise. In a traditionally balanced housing market, there is typically a 5–6-month supply of inventory for sale. Currently, on long Island, there is a 2.5-month supply of homes for sale. v E en though fewer homes are selling and inventory levels are beginning to tick up, prices oc ntinue to lc imb. In June, the lc osed median home sale price in Nassau was 7$ 40,000, up from last June’s median sale price of 6 $ 59,500, a 12.2% increase. Suffolk County’s median sale price was 5 $ 80,000, a 10.3% u j mp from last year. Many economists predict that home prices will oc ntinue to appreciate but at a slower pace than we have seen over the past two years. eD spite the increase in housing supply today, there are still more buyers than there are homes for sale, which maintains the upward pressure on home prices. Sellers oc ntinue to have the upper hand, but they a c n no longer expect to see as many multiple offer situations or extreme bidding wars as they once did. The pullback in home sales oc upled with slowly rising inventory oc uld be welcome news for buyers that have been desperately trying to purchase a home but were shut out of the market during one of the most active sales periods in history. One of the main oc ncerns for buyers is where the mortgage rates will go in the oc ming months. h W ile no one a c n predict the future, we do know that the record-low mortgage rates seen during the pandemic were an outlier, not the norm. As always, your Signature rP emier rP operties agent is here to give you the most timely and acu c rate market and pricing information to help you navigate the ever-changing world of real estate. If you’re thinking about buying or selling, give us a a c ll. n E o j y the rest of your summer!
4
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BABYLON TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Amity Harbor
$454,692
$491,545
8.1%
13
11
32
58
Amityville
$475,184
$559,878
17.8%
87
78
59
50
Babylon
$610,931
$673,896
10.3%
82
95
46
60
Copiague
$463,896
$507,242
9.3%
57
79
44
55
Deer Park
$495,840
$552,768
11.5%
141
123
41
43
Lindenhurst
$463,130
$526,117
13.6%
261
243
46
45
North Babylon
$475,940
$544,750
14.5%
90
81
42
36
West Babylon
$487,178
$536,550
10.1%
194
176
38
47
Wheatley Heights
$459,705
$543,082
18.1%
29
38
69
45
Wyandanch
$342,778
$435,581
27.1%
36
48
72
62
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5
BROOKHAVEN TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
%
6
Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Belle Terre
$886,417
$858,500
-3.1%
6
9
70
61
Bellport
$369,923
$420,015
13.5%
39
33
63
63
Blue Point
$529,188
$678,688
28.3%
30
25
77
62
Brookhaven
$548,700
$544,500
-0.8%
22
12
60
48
Center Moriches
$539,369
$717,512
33.0%
53
41
81
78
Centereach
$435,431
$504,567
15.9%
122
131
40
35
Coram
$422,522
$489,844
15.9%
131
81
46
42
East Moriches
$641,722
$645,563
0.6%
30
24
39
44
East Setauket
$581,970
$649,134
11.5%
50
44
55
43
Farmingville
$442,004
$494,888
12.0%
85
85
51
37
Holbrook
$480,522
$553,907
15.3%
101
115
35
34
Holtsville
$505,409
$556,196
10.0%
56
46
29
26
Lake Grove
$519,321
$566,312
9.0%
61
49
36
32
Lake Ronkonkoma $447,307
$484,130
8.2%
41
37
31
33
Manorville
$536,025
$633,845
18.2%
59
61
70
59
Mastic
$318,758
$385,120
20.8%
118
115
41
51
Mastic Beach
$291,900
$340,647
16.7%
134
158
55
71
Medford
$427,411
$500,192
17.0%
146
114
52
52
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BROOKHAVEN TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Middle Island
$400,931
$457,436
14.1%
37
39
72
36
Miller Place
$584,964
$593,806
1.5%
86
64
67
52
Moriches
$544,773
$611,864
12.3%
11
11
94
60
Mt Sinai
$595,031
$635,632
6.8%
65
65
75
52
Patchogue
$409,111
$471,140
15.2%
148
138
45
41
Port Jefferson
$596,568
$657,679
10.2%
44
38
84
55
Pt Jefferson Station $440,563
$513,110
16.5%
139
100
48
42
Ridge
$424,501
$528,295
24.5%
74
56
51
64
Rocky Point
$395,091
$413,078
4.6%
102
125
36
41
Selden
$403,102
$475,666
18.0%
142
135
47
35
Setauket
$684,906
$815,444
19.1%
62
44
77
54
Shirley
$355,571
$414,535
16.6%
214
204
54
49
Shoreham
$540,624
$616,276
14.0%
35
34
43
53
Sound Beach
$375,581
$405,779
8.0%
59
66
53
58
South Setauket
$564,191
$611,070
8.3%
32
20
49
19
Stony Brook
$593,532
$634,528
6.9%
82
81
49
53
Yaphank
$419,232
$604,005
17.3%
22
66
39
44
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7
HEMPSTEAD TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Atlantic Beach
$1,378,182
$1,860,714
35.0%
22
7
89
54
Baldwin
$544,782
$615,265
12.9%
111
101
56
58
Baldwin Harbor
$565,300
$644,000
13.9%
5
4
83
76
Bellerose
$712,491
$812,527
14.0%
67
55
59
71
Bellmore
$610,091
$747,297
22.5%
126
100
54
40
Cedarhurst
$863,278
$988,368
14.5%
27
19
63
74
East Meadow
$629,914
$695,089
10.3%
184
151
56
42
East Rockaway
$614,151
$630,510
2.7%
76
52
58
55
Elmont
$560,972
$636,965
13.5%
132
119
61
50
Floral Park
$714,693
$778,485
8.9%
137
137
63
67
Franklin Square
$644,883
$686,985
6.5%
122
102
60
45
Freeport
$516,503
$566,271
9.6%
167
140
58
56
Garden City
$1,154,788
$1,178,787
2.1%
119
113
55
48
Garden City South $671,125
$633,571
-5.6%
12
7
52
51
Hewlett
$762,249
15.0%
30
26
92
72
$1,641,250
-9.8%
10
12
275
109
Hewlett Harbor
8
$663,113 $1,820,000
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HEMPSTEAD TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Hewlett Neck
Average Sales Price 2021 -
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
$1,499,500
-
0
2
0
138
Inwood
$576,462
$581,557
0.9%
13
14
173
54
Island Park
$583,605
$620,273
6.3%
62
44
74
58
Lawrence
$1,451,182
$1,272,500
-12.3%
11
12
62
114
Levittown
$539,950
$611,237
13.2%
258
246
44
38
Lido Beach
$1,108,881
$1,161,429
4.7%
21
14
81
124
Long Beach
$807,041
$924,577
14.6%
134
113
85
84
Lynbrook
$595,047
$645,849
8.5%
114
97
50
54
Malverne
$608,346
$680,324
11.8%
70
48
60
39
Merrick
$729,136
$750,285
2.9%
203
181
63
52
Mineola
$649,654
$756,919
16.5%
69
80
69
52
New Hyde Park
$724,435
$781,636
7.9%
189
169
71
68
North Baldwin
$527,324
$587,023
11.3%
40
43
53
49
North Bellmore
$631,311
$657,170
4.1%
75
71
50
37
North Merrick
$581,286
$563,983
-3.0%
7
6
79
48
Oceanside
$624,752
$691,304
10.7%
175
169
58
49
Pt Lookout
$1,206,167
$1,424,070
18.1%
9
10
98
73
Rockville Centre
$804,376
$915,608
13.8%
130
110
69
54
Roosevelt
$452,910
$514,330
13.6%
50
50
84
52
S. Hempstead
$528,385
$583,321
10.4%
13
14
49
50
Stewart Manor
$633,357
$738,200
16.6%
14
5
57
112
Uniondale
$502,455
$564,179
12.3%
67
56
50
73
Valley Stream
$583,207
$637,414
9.3%
243
202
58
49
Wantagh
$637,224
$714,045
12.1%
181
161
46
46
West Hempstead
$590,577
$675,222
14.3%
95
105
55
56
Woodmere
$856,425
$1,036,012
21.0%
60
52
101
65
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9
HUNTINGTON TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
%
10
Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Centerport
$737,149
$842,504
14.3%
45
41
67
48
Cold Spring Harbor $1,545,659
$1,500,540
-2.9%
22
25
84
71
Commack
$643,558
$729,414
13.3%
156
119
41
32
Dix Hills
$907,824
$995,782
9.7%
176
149
66
61
East Northport
$587,482
$684,372
16.5%
154
142
34
33
Ft Salonga
$1,121,802
$963,896
-14.1%
9
15
46
50
Greenlawn
$665,927
$767,517
15.3%
42
45
65
27
Huntington
$704,526
$801,487
13.8%
256
207
51
40
Huntington Bay
$1,811,000
$1,213,363
-33.0%
12
11
93
46
Huntington Station $485,909
$549,864
13.2%
149
125
45
43
Lloyd Harbor
$1,822,989
$2,423,536
32.9%
46
14
127
43
Lloyd Neck
$1,266,813
$1,146,000
-9.5%
16
4
122
100
Melville
$796,908
$891,301
11.8%
86
76
69
57
Northport
$835,150
$911,476
9.1%
138
76
74
54
South Huntington
$607,157
$601,923
-0.9%
35
13
43
21
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ISLIP TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Average Sales Price 2021 Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days On Market 2021
No. Days On Market 2022
Bay Shore
$456,592
$539,972
18.3%
247
171
51
47
Bayport
$645,918
$698,919
8.2%
45
26
64
92
Blue Point
$529,188
$678,688
28.2%
30
25
45
62
Bohemia
$434,474
$561,648
29.3%
38
44
62
46
Brentwood
$411,010
$484,847
18.0%
121
147
59
49
Brightwaters
$693,325
$748,364
7.9%
20
11
56
42
Central Islip
$380,439
$436,489
14.7%
113
94
50
43
East Islip
$617,588
$726,389
17.6%
83
73
68
58
Great River
$810,000
$868,333
7.2%
2
3
22
19
Holbrook
$480,525
$553,907
15.3%
101
115
53
34
Holtsville
$505,409
$556,196
10.0%
56
46
27
26
Islandia
$451,889
$506,667
12.1%
18
6
63
30
Islip
$561,574
$551,159
-1.9%
57
63
72
48
Islip Terrace
$484,711
$543,759
12.2%
45
29
47
38
Lake Ronkonkoma
$447,307
$484,130
8.2%
41
37
36
33
Oakdale
$559,581
$640,853
14.5%
37
45
55
56
Ronkokoma
$456,182
$516,611
13.2%
162
142
41
39
Sayville
$555,893
$659,333
18.6%
69
49
49
37
West Islip
$592,131
$729,589
23.2%
139
100
41
39
West Sayville
$503,000
$590,625
17.4%
11
8
22
33
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11
NORTH HEMPSTEAD TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
%
12
Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Albertson
$755,778
$865,176
14.5%
27
29
75
59
Carle Place
$678,944
$715,750
5.4%
18
12
88
41
East Hills
$1,343,479
$1,393,778
3.7%
43
22
80
78
East Williston
$1,006,754
$1,202,000
19.4%
13
11
112
30
Floral Park
$715,543
$778,485
8.8%
136
137
63
67
Great Neck
$1,580,000
$1,573,718
-0.4%
182
159
90
90
Manhasset
$1,820,902
$2,060,127
13.1%
103
79
90
76
Manhasset Hills
$997,500
$1,149,716
15.3%
12
18
39
43
Port Washington
$998,119
$1,043,902
4.6%
113
120
69
54
Roslyn
$1,136,440
$1,405,809
23.7%
32
40
71
58
Roslyn Estates
$1,536,667
$1,562,200
1.7%
3
5
78
90
Roslyn Harbor
$1,782,500
$1,108,000
-37.8%
8
3
132
39
Rosyn Heights
$1,074,686
$1,139,079
6.0%
43
38
107
64
Sands Point
$3,202,368
$3,409,668
6.5%
32
18
156
169
Searingtown
$1,217,000
$1,361,688
11.9%
4
8
84
52
Westbury
$594,701
$677,508
13.9%
207
154
64
50
Williston Park
$736,436
$772,845
4.9%
32
29
66
37
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OYSTER BAY TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
%
14
Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Bayville
$768,183
$757,598
-1.4%
37
46
98
72
Bethpage
$593,563
$652,708
10.0%
112
108
50
39
Brookville
$2,288,571
$2,662,647
16.3%
14
17
201
108
Centre Island
$5,350,000
$2,287,500
-57.2%
2
2
410
33
Cove Neck
$1,600,000
$-
-100.0%
1
0
671
0
East Norwich
$762,474
$736,770
-3.4%
19
11
46
61
Farmingdale
$562,890
$604,271
7.4%
129
121
51
43
Glen Cove
$753,165
$835,961
11.0%
100
95
73
61
Glen Head
$851,323
$931,161
9.4%
31
31
67
45
Glenwood Landing $644,250
$787,125
22.2%
4
8
53
28
Greenvale
$875,833
$763,250
-12.9%
6
4
26
34
Hicksville
$604,149
$669,303
10.8%
211
192
56
51
Jericho
$1,020,015
$1,124,785
10.3%
77
60
86
59
Lattingtown
$2,515,083
$2,818,250
12.1%
6
4
121
139
Laurel Hollow
$1,821,533
$3,803,384
108.8%
15
9
127
96
Locust Valley
$1,151,893
$1,198,655
4.1%
42
32
64
97
Massapequa
$629,790
$698,588
10.9%
277
248
52
45
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OYSTER BAY TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2021
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
Massapequa Park
$628,866
$695,334
11.9%
128
118
52
36
Muttontown
$1,670,674
$2,076,706
-7.9%
23
34
128
143
North Massapequa $623,442
$623,800
32.9%
6
5
89
33
Old Bethpage
$779,458
$850,363
22.1%
20
30
57
37
Old Brookville
$2,034,500
$2,523,938
-24.6%
25
8
163
108
Old Westbury
$2,581,620
$3,294,800
-1.4%
25
15
197
105
Oyster Bay
$808,186
$948,750
-14.0%
26
24
93
92
Oyster Bay Cove
$2,225,656
$1,950,643
57.6%
16
21
159
110
Plainview
$735,437
$844,034
8.0%
180
151
63
49
Sea Cliff
$974,305
$1,008,385
25.9%
43
26
110
49
Seaford
$577,288
$657,580
14.8%
102
94
51
41
Syosset
$903,835
$1,110,759
12.2%
161
131
71
60
Upper Brookville
$2,103,846
$2,421,200
34.6%
13
10
139
159
Westbury
$594,701
$677,508
12.8%
207
154
64
50
Woodbury
$1,286,970
$1,355,513
22.6%
33
31
101
80
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15
SMITHTOWN TOWNSHIP MARKET REPORT 2022 Mid-Year Analysis • January 1st - June 30th
% Town
Average Sales Price 2022
YoY Change
No. Homes Sold 2021
No. Homes Sold 2022
No. Days on Market 2021
No. Days on Market 2022
$729,414
13.3%
156
119
41
32
$679,595
8.4%
72
74
53
48
Head of the Harbor $818,000
$1,266,000
54.8%
5
5
223
69
Kings Park
$554,020
$604,881
9.2%
87
76
36
41
Lake Ronkonkoma
$447,307
$484,130
8.2%
41
37
36
33
Nesconset
$581,507
$608,024
4.6%
52
69
42
48
Nissequogue
$1,198,333
$1,475,889
23.2%
12
9
99
71
Smithtown
$600,623
$700,391
16.6%
170
139
56
37
St James
$683,007
$777,032
13.8%
91
64
64
69
Commack Hauppauge
16
Average Sales Price 2021 $643,558 $627,108
Signature Premier Properties
877.273.3750 | signaturepremier.com
Signature Premier Properties
877.273.3750 | signaturepremier.com
17
18
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
SEA CLIFF 305 Sea Cliff Avenue Sea Cliff, NY 11579 Office: 516.671.1717
BABYLON 126 W Main Street Babylon, NY 11702 Office: 631.422.3100
MERRICK 324 Merrick Avenue Merrick, NY 11566 Office: 516.546.6300
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
MILLER PLACE 275 Route 25A Miller Place, NY 11764 Office: 631.642.2300
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
NORTHPORT 180 Main Street Northport, NY 11768 Office: 631.754.3600
WADING RIVER 6347 Route 25A Wading River, NY 11792 Office: 631.495.5678
EAST NORTHPORT 190 Laurel Road East Northport, NY 11731 Office: 631.368.6800
ROCKVILLE CENTRE 75 Seaman Avenue Rockville Centre, NY 11570 Office: 516.766.7900
WANTAGH 1867 Wantagh Avenue Wantagh, NY 11793 Office: 516.785.0100
EAST SETAUKET 750 Route 25A East Setauket, NY 11733 Office: 631.751.2111
RONKONKOMA 4949 Express Drive N Suite 104 Ronkonkoma, NY 11779 Office: 631.585.8400
WOODBURY 7952 Jericho Turnpike Woodbury, NY 11797 Office: 516.496.0300
GARDEN CITY 730 Franklin Avenue Garden City, NY 11530 Office: 516.741.4333
SAYVILLE 95 Main Street Sayville, NY 11782 Office: 631.567.0100
Signature Premier Properties
MAIN: 877.273.3750
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