In August 2017, there were 16 homes sold, with a median sale price of $831,250 - a 35.2% increase over the $615,000 median sale price for the same period of the previous year. There were nine homes sold in Montauk in August 2016.
The following table compares Montauk to other Suffolk County cities with similar median sales prices in August 2017:
City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Sea | 11 | 11 | 0% | $937,500 | $378,000 | 148% |
Shelter Island | 2 | 4 | -50% | $912,500 | $885,000 | 3.1% |
Cold Spring Harbor | 16 | 11 | 45.5% | $885,000 | $735,000 | 20.4% |
Nissequogue | 2 | 2 | 0% | $879,000 | $665,000 | 32.2% |
Tuckahoe | 5 | 1 | 400% | $837,000 | $1,170,035 | -28.5% |
Montauk | 16 | 9 | 77.8% | $831,250 | $615,000 | 35.2% |
Westhampton Beach | 6 | 5 | 20% | $810,000 | $990,000 | -18.2% |
East Hampton North | 6 | 3 | 100% | $806,250 | $375,000 | 115% |
Poquott | 2 | 3 | -33.3% | $792,500 | $459,000 | 72.7% |
Fire Island | 1 | 3 | -66.7% | $765,000 | $725,000 | 5.5% |
Melville | 29 | 16 | 81.3% | $765,000 | $693,750 | 10.3% |