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Thursday, December 26, 2024

Peconic home prices fall in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Peconic fell by $2,942,000 while total sales increased by 150%, according to BlockShopper.com.

In May 2017, there were five homes sold, with a median sale price of $347,500 - a 89.4% decrease over the $3,289,500 median sale price for the same period of the previous year. There were two homes sold in Peconic in May 2016.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Calverton50-$375,000$0-
Brookhaven12-50%$370,000$270,78136.6%
Bellport15-80%$360,000$615,000-41.5%
East Islip151225%$350,000$337,5003.7%
North Babylon1014-28.6%$348,750$290,00020.3%
Peconic52150%$347,500$3,289,500-89.4%
North Great River34-25%$345,000$313,25010.1%
Sayville161414.3%$342,500$350,000-2.1%
Center Moriches7540%$335,000$285,00017.5%
North Lindenhurst8633.3%$332,500$269,52623.4%
Bohemia7616.7%$330,000$306,1257.8%

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