North Fork/East End Long Island Home Sales UP

April 30th, 2009 category: Real Estate News

With all of the negative media assaulting the Hamptons market, the North fork of Long Island has seen an increase in sales volume from April 2009 over April 2008.

Statistics provided by the MLSLI* offer the following numbers for under contract properties on the North fork of Long Island:

Homes under contract from April 1- April 30, 2009: 41
Homes under contract from April 1- April 30, 2008: 40

Median listed price, April 2009: $399k
Median listed price, April 2008: $404,950.k

While the volume of new contracts is encouraging, the comparison for closed properties offers a reflection of the slowing market:

Homes closed April 1- April 30, 2009: 27
Homes closed April 1- April 30, 2008: 55

Towns/villages/hamlets included in this report are Aquebogue, Baiting Hollow, Calverton, Cutchogue, East Marion, Jamesport, S. Jamesport, Greenport, Laurel, Mattituck, New Suffolk, Peconic, Orient, Riverhead, and Southold.

With summer fast approaching, perhaps we’ll continue to see an uptick over 2008 volume in under contract properties throughout the spring. Once things begin to green up on the North fork, a vacation, retirement, or permanent move to the North fork offers an amazing spot in which to get away from it all!

To view available properties on the North fork of Long Island, click here.

*Figures obtained from MLSLI. While deemed reliable, no guarantees. Single family homes/mobile homes included in the report.

To search available homes for sale on the North Fork / East End Long Island or condos on the North Fork of Long Island, click “north fork homes”, enter your area of interest and any parameters, and click “go”- properties for sale include Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, Orient Point, Westhampton Beach, Hampton Bays, Flanders, Southampton, Sag Harbor, East Hampton, NY.

To get more specific local North Fork or East End & Hamptons real estate information, fill out the form below with your questions/comments. We know how to find properties coming on the market, and available. If you’re looking for a foreclosure on any part of Long Island, we’ll help you find it.

This entry was posted on Thursday, April 30th, 2009 at 3:25 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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