North Fork, Long Island Real Estate Market Update- June 2008

July 1st, 2008 category: East End LI Foreclosures, Real Estate News

The following market update includes properties put under contract on the North Fork of Long Island through June 30th. Please note that the pricing is asking price, not sold price.

SINGLE FAMILY HOMES

AQUEBOGUE: 4 U/C; $59k (mobile home), $449k, $449k, $599k

BAITING HOLLOW: 2 U/C; $165K*, $379,9K

CALVERTON: 1 U/C; $368,8K

CUTCHOGUE: 4 U/C; $404,9K (BANK OWNED), $475K, $799K, $498.5K

EAST MARION: 1 U/C; 599K

ORIENT: 1 U/C; 769.5K

GREENPORT: 1 U/C; $480K

JAMESPORT: 3 U/C; $295K, $880K, $1,250M

LAUREL: 2 U/C; $449K, $449K

MATTITUCK: 6 U/C; $310K*, $449K, $450K, $699K, $975K, $539k

RIVERHEAD: 9 U/C; $36K (MOBILE HOME), $117K* (MOBILE HOME), $299K, $319K, $349K, $419K, $559k, $649,9K; $675K

SOUTHOLD: 3 U/C; $375K, $449,9K, $2.9M

TOTAL UNDER CONTRACT THROUGH JUNE 30TH: 37

CONDOMINIUM/ CO-OP SALES ON THE NORTH FORK OF LONG ISLAND JUNE 1 - JUNE 30

BAITING HOLLOW- THE BLUFFS: 1 U/C; $299K

THE KNOLLS: 1 U/C; $359K

CALVERTON- FOXWOOD VILLAGE: 1 U/C $169K

WINDCREST EAST: 1 U/C $619K

RIVERHEAD- WILLOW PONDS: 1 U/C $440K

SOUTHOLD- COLONIAL VILLAGE: 1 U/C $279,7K

TOTAL UNDER CONTRACT THROUGH JUNE 30TH: 6

All figures, while deemed reliable, are obtained through the mlsli (multi list service of Long Island).

FOR THE MONTH OF JUNE, THE FOLLOWING LIS PENDEN FIGURES WERE PROVIDED BY THE REAL ESTATE REPORT: FOR THE NORTH AND SOUTH FORKS OF LONG ISLAND, THROUGH JUNE 20TH, 31 BANK ACTIONS (LIS PENDENS) WERE RECORDED.

*INDICATES CLOSED PRICING

photos- Copyright 2008- Options Realty & stock.xchng

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