Second Quarter, Home Sales, North fork, Long Island | North Fork, Long Island, NY Real Estate Blog OptionsRealty.com

Second Quarter Home Sales North fork, Long Island

July 7th, 2009 category: Real Estate News

The following data was collected from the MLSLI of Long Island. While deemed reliable, no guarantees.

Comparisons are offered from the second quarter of 2008.

SECOND QUARTER UNDER CONTRACT ACTIVITY, 2009: 130

Median Listed Price: $385,750.00

SECOND QUARTER UNDER CONTRACT ACTIVITY, 2008: 118

Median Closed Price: $430,000.00

The North fork of Long Island saw an increase in under contract properties over 2008.

SECOND QUARTER CLOSED HOMES ACTIVITY, 2009:100

Median Closed Price: $364,500.00

SECOND QUARTER CLOSED HOMES ACTIVITY, 2008: 129

Median Closed Price: $448,000.00

While the North fork saw the anticipated decrease in median pricing, along with the decrease in activity, much in closed activity can be attributed to the very slow period experienced in the first quarter for under contract homes that reached closing in the second quarter.

Based on the activity reported for under contract activity, this number may reflect positive volume, despite lower pricing, in the third quarter closed results.

For the second quarter, 2009, Riverhead lead the pack with 28 properties under contract, followed by Southold (17), Calverton (15), Baiting Hollow (14) and Cutchogue (13). Greenport rounded out the top 6 with 10 properties put under contract.

For the second quarter, 2009, CLOSED volume, Riverhead again lead the pack with 22, followed by Southold (18), Baiting Hollow (10), Cutchogue and Mattituck (8 and 8).Greenport once again arrived in the top 6 with 7 closed contracts.

Data includes the towns of Riverhead, Baiting Hollow, Calverton, Aquebogue, Jamesport, S. Jamesport, Laurel, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point.

Statistics include manufactured homes.

If you are looking for a home for sale on the North Fork / East End of Long Island, please fill out the form below.

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, Montauk, NY.

This entry was posted on Tuesday, July 7th, 2009 at 2:21 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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