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Wednesday, January 15, 2025

Ocean Beach home prices fall in the first quarter of 2017

Realestate4

The median sale price of a home sold in the first quarter of 2017 in Ocean Beach fell by $58,000 while total sales increased by 120%, according to BlockShopper.com.

From January through March of 2017, there were 11 homes sold, with a median sale price of $557,000 - a 9.4% decrease over the $615,000 median sale price for the same period of the previous year. There were five homes sold in Ocean Beach in the first quarter of 2016.

The following table compares Ocean Beach 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)
Head of the Harbor56-16.7%$635,000$489,25029.8%
Dix Hills59549.3%$620,000$611,5001.4%
Southold3035-14.3%$599,500$510,00017.5%
Fort Salonga2025-20%$570,000$569,0000.2%
Village of the Branch52150%$563,000$565,000-0.4%
Ocean Beach115120%$557,000$615,000-9.4%
East Marion4333.3%$554,500$560,000-1%
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%

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