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Saturday, December 28, 2024

Watermill home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Watermill fell by $310,000 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In October 2017, there were six homes sold, with a median sale price of $3,090,000 - a 9.1% decrease over the $3,400,000 median sale price for the same period of the previous year. There were six homes sold in Watermill in October 2016, as well.

The following table compares Watermill to other Suffolk County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Southampton73133.3%$7,700,000$1,100,000600%
East Hampton23-33.3%$6,100,000$4,250,00043.5%
Watermill660%$3,090,000$3,400,000-9.1%
Napeague110%$2,750,000$8,450,000-67.5%
Quogue5425%$2,700,000$2,104,50028.3%
Bridgehampton41300%$1,965,000$2,000,000-1.8%
North Haven20-$1,653,000$0-
Amagansett330%$1,575,000$5,100,000-69.1%
Remsenburg-Speonk220%$1,495,000$755,00098%
Asharoken30-$1,495,000$0-
Sag Harbor46-33.3%$1,475,000$1,632,350-9.6%

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