North Fork housing prices moved higher as
inventory expanded and sales slipped from prior
year levels. Median sales price was $477,500, up
3.9% from the prior year quarter. Average sales
price followed the same pattern, rising 4.1% to
$707,658 over the same period. This marked the
third highest level reached since the “Lehman
tipping point” in 2008. In the year-to-date
analysis, median sales price increased 2.9% and
average sales price surged 18.9% over the same
period last year…