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Thursday, December 26, 2024

Orient home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Orient fell by $267,500 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From January through March of 2017, there were seven homes sold, with a median sale price of $519,500 - a 34% decrease over the $787,000 median sale price for the same period of the previous year. There were seven homes sold in Orient in the first quarter of 2016, as well.

The following table compares Orient to other Suffolk County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Brightwaters910-10%$550,000$392,00040.3%
Huntington574429.5%$550,000$513,560.507.1%
Cold Spring Harbor201717.6%$543,750$560,000-2.9%
Melville574235.7%$539,000$579,500-7%
West Hills171330.8%$525,000$420,00025%
Orient770%$519,500$787,000-34%
Halesite11922.2%$510,000$547,500-6.8%
Greenport105100%$487,500$430,00013.4%
Bayport14137.7%$485,000$335,00044.8%
Northville6450%$483,205.50$675,500-28.5%
Northport1724-29.2%$483,000$592,500-18.5%

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