Southampton Real Estate Market Trends
Market Overview for Quarter 4, 2020
Median Sale Price
68% YoY
Median Price/Sqft
26% YoY
No. of Transactions
-22% YoY
County Median Sale Price
18% YoY
In Q4, the median home sale price in Southampton was $1.3M, an increase of 68% year-over-year. By contrast, sales activity trended down with 270 deals closed, representing a decline of -22% compared to the same period last year. The median price per square foot in Q4 was $569, a change of 26% year-over-year, while the median sale price in Suffolk County was $482K.
Top Cities in Suffolk County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | East Hampton | $1,625,000 |
| 2 | Southampton | $1,282,500 |
| 3 | Southold | $812,500 |
| 4 | Huntington | $625,000 |
| 5 | Smithtown | $529,000 |
| 6 | Riverhead | $470,000 |
| 7 | Lindenhurst | $432,000 |
| 8 | Brookhaven | $395,000 |
Residential Property Types Sold in Southampton
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $1.3M | 68% | $569 | 26% | 270 |
The Q4 median sale price for Southampton houses was $1.3M, increasing 68% year-over-year. While the median for houses was trending up, condo prices in Southampton remained flat year-over-year at -.
See also
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