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Monday, December 23, 2024

Smithtown home prices rise in 2017

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The median sale price of a home sold in 2017 in Smithtown rose by $52,000 while total sales increased by 7.3%, according to BlockShopper.com.

From January through December of 2017, there were 310 homes sold, with a median sale price of $480,000 - a 12.1% increase over the $428,000 median sale price for the previous year. There were 289 homes sold in Smithtown in 2016.

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

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Mattituck1008123.5%$499,500$415,00020.4%
Village of the Branch2021-4.8%$498,500$475,0004.9%
Great River26248.3%$492,500$512,500-3.9%
Greenport27270%$490,000$552,000-11.2%
Elwood126127-0.8%$489,419.50$445,00010%
Smithtown3102897.3%$480,000$428,00012.1%
Brightwaters3942-7.1%$475,000$400,00018.8%
Hampton Bays2302300%$469,750$422,50011.2%
Greenport West3544-20.5%$467,600$382,50022.2%
Commack4063816.6%$465,000$440,0005.7%
Laurel2428-14.3%$452,250$442,7502.1%

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