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Friday, December 27, 2024

Ocean Beach home prices fall in August 2017

Realestate4

The median sale price of a home sold in August 2017 in Ocean Beach fell by $70,000 while total sales decreased by 25%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $485,000 - a 12.6% decrease over the $555,000 median sale price for the same period of the previous year. There were four homes sold in Ocean Beach in August 2016.

The following table compares Ocean Beach to other Suffolk County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Manorville1113-15.4%$505,000$386,25030.7%
Port Jefferson990%$499,000$429,00016.3%
Brightwaters5425%$495,000$452,0009.5%
Hauppauge2728-3.6%$490,000$490,500-0.1%
Elwood151136.4%$490,000$445,00010.1%
Ocean Beach34-25%$485,000$555,000-12.6%
Halesite94125%$480,000$448,0007.1%
West Hills12850%$475,000$464,4852.3%
Setauket-East Setauket322433.3%$471,000$533,500-11.7%
Asharoken110%$466,667$1,286,500-63.7%
Kings Park18175.9%$463,000$410,00012.9%

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