…The North Fork housing market showed a
resurgence in higher-end sales activity as
compared to the limited activity seen last
year immediately following the expiration of
the “fiscal cliff.” Housing prices were mixed as
sales increased faster than inventory. Median
sales price fell 7% to $436,000 from the prior
year quarter. The high-end market activity
returned, skewing average sales price up
52.3% to $812,331 from the prior year quarter…