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Friday, December 27, 2024

Amagansett home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Amagansett fell by $1,111,250 while total sales increased by 250%, according to BlockShopper.com.

In May 2017, there were seven homes sold, with a median sale price of $540,000 - a 67.3% decrease over the $1,651,250 median sale price for the same period of the previous year. There were two homes sold in Amagansett in May 2016.

The following table compares Amagansett 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)
Fort Salonga8560%$617,000$630,000-2.1%
Huntington181250%$610,000$563,1258.3%
Bayport47-42.9%$567,000$376,75050.5%
Halesite220%$564,000$452,50024.6%
Centerport313-76.9%$540,000$555,000-2.7%
Amagansett72250%$540,000$1,651,250-67.3%
East Moriches25-60%$539,430$550,000-1.9%
Northport6520%$527,500$515,0002.4%
Westhampton660%$522,500$835,000-37.4%
Elwood411-63.6%$520,000$448,00016.1%
Greenport42100%$517,500$652,500-20.7%

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