Authored by: Laurie Mindnich
January 3rd, 2009
The following is data obtained from the multi list of Long Island. While deemed accurate, actual figures may differ- consult with your real estate agent for specific retirement/vacation condominiums on the east end of Long Island.
CLOSED NORTH FORK, LONG ISLAND CONDOS- JAN. 01, 2008- DECEMBER 31, 2008 (closed pricing):
Aquebogue, NY:
Silver Village: 2; $337,5k; $340k
Baiting Hollow, NY:
The Bluffs: 3; $279k; $397k; $311k;
The Knolls: 3; $315k; $338k; $340k
Calverton, NY:
Calverton Hills: 6; $110k; $105k; $157,5k; $159k; $160k; $176,3k
Foxwood Village: 7; $144,5k; $155k; $148k; $155k; $180k; $245k; $285k
East Marion, NY:
Cleaves Point: 1; $800k
Greenport, NY:
Driftwood Cove (co-op): 1; $147,5k
Harbor Shores (co-op): 1; $260k
Oyster Point: 2; $695k; $690k
Unknown: 1; $320k
Jamesport, NY:
Maidstone Landing: 1; $780k
Riverhead, NY:
Glenwood Village: 1; $67,5k
Mill Pond: 8; $275k; $280k; $270k; $279k; $275k; $305k; $315k; $325k
Willow Pond: 6; $277,5k; $270k; $324k; $346k; $367k; $405k
Saddle Lakes: 2; $495k; $540k
Southold, NY:
Colonial Village: 1; $160k
Founders Village: 3; $315k; $345k; $344k
COMPARISON 2008 TO 2007:
Total reported North Fork, condos closed, 2008: 55
Total reported North Fork, condos closed, 2007: 81
Median sales price, 2008: $305k
Median sales price, 2007: $350k
Days on market median, 2008: 158
Days on market median, 2007:133.5
% of asking/sold price, 2008: -6.7
% of asking/sold price, 2007: 4.8
To view all over 55 retirement condos, and all condos for sale, click on “North fork condos”, choose your town, and click GO.
Call or email us to view any properties of interest- the east end of Long Island is a great place to retire!
We are a real estate company located on the North Fork of Long Island, NY. Competent and experienced negotiators with reasonable fees. A terrific location to serve the community's real estate needs
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2006 Long Island, New York Profile of Buyers and Sellers- Suffolk County
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Seems that some buyers may have better prices to choose from for their golden years :)
Laurie, You have more condos out east on Long Island then I thought! It's good that they're in all price ranges and Riverhead seems always to be growing.
Laurie I also noticed the range in price which provides a buying opportunity for different income range.
Enjoy your trip.
Sally Jo, and the prices keep getting better...
Carole, when you're ready, we'll both get one and be neighbors (if the place doesn't shovel, Sean will do your driveway)!
Jennifer, you're welcomed to join us out here someday- it is pretty encouraging to know that for those that choose to remain on the North fork, there are many opportunities! And the corn...fresh from the fields...YUM.
Where is the "Calverton Hills" mentioned in your statistics? Is it the complex that is immediately south of the LIE at Exit 72?
Denise, here's a link to a map:
http://www.mlsstratus.com/Maps/MapView.asp?from=reports&Rpt=BF
Denise, you have the right location- was working on a map for you. First try didn't link!