North Fork housing prices were mixed as
marketing times shortened. Median sales
price edged 0.9% higher to $457,500 as
average sales price declined 3.3% to $613,866
respectively from the prior year quarter. Housing
prices year-to-date were up as compared to the
same period last year. Median sales price for
2014 was up 2.2% to $460,000 and average
sales price for 2014 increased 9% to $655,681.
Luxury prices, representing the top 10% of the
market, fell short of prior year levels, consistent
with the 18.9% decline in the entry threshold
to $990,000…