In November 2017, there were 23 homes sold, with a median sale price of $555,000 - a 28.9% decrease over the $781,000 median sale price for the same period of the previous year. There were 11 homes sold in Melville in November 2016.
The following table compares Melville to other Suffolk County cities with similar median sales prices in November 2017:
City | Nov. 2017 Home Sales | Nov. 2016 Home Sales | % change (Total Home Sales) | Nov. 2017 Median Sales Price | Nov. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Aquebogue | 1 | 2 | -50% | $585,000 | $259,083 | 125.8% |
Hampton Bays | 14 | 15 | -6.7% | $582,890.50 | $438,750 | 32.9% |
Cold Spring Harbor | 5 | 6 | -16.7% | $580,000 | $557,000 | 4.1% |
Peconic | 7 | 2 | 250% | $577,500 | $253,250 | 128% |
Westhampton | 9 | 6 | 50% | $565,000 | $537,500 | 5.1% |
Melville | 23 | 11 | 109.1% | $555,000 | $781,000 | -28.9% |
Fort Salonga | 7 | 16 | -56.3% | $545,000 | $557,500 | -2.2% |
Brightwaters | 3 | 2 | 50% | $540,000 | $370,000 | 45.9% |
Southold | 19 | 11 | 72.7% | $534,000 | $492,500 | 8.4% |
East Quogue | 15 | 4 | 275% | $525,000 | $647,500 | -18.9% |
West Hills | 10 | 8 | 25% | $517,500 | $510,000 | 1.5% |