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Friday, December 27, 2024

Montauk home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Montauk rose by $182,000 while total sales increased by 15.4%, according to BlockShopper.com.

In July 2017, there were 15 homes sold, with a median sale price of $950,000 - a 23.7% increase over the $768,000 median sale price for the same period of the previous year. There were 13 homes sold in Montauk in July 2016.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Huntington Bay25-60%$1,209,750$655,00084.7%
Tuckahoe23-33.3%$1,185,000$561,000111.2%
Westhampton8633.3%$1,111,250$547,750102.9%
Sagaponack21100%$1,053,212$1,350,000-22%
Cold Spring Harbor811-27.3%$1,027,000$589,00074.4%
Montauk151315.4%$950,000$768,00023.7%
Northwest Harbor13130%$925,000$1,394,512-33.7%
Shelter Island220%$922,500$567,50062.6%
Shelter Island Heights56-16.7%$900,000$852,5005.6%
Belle Terre20-$893,500$0-
Nissequogue42100%$885,000$666,50032.8%

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