North Fork
Home sales declined 3.95 percent in the third quarter on the North Fork of Long Island to 73, compared to the same time period a year earlier, according to Town & Country Real Estate’s quarterly market report for the region, which analyzes all sales in the area. The total sales volume also declined year-over-year, dropping to $44.8 million, marking a 7.31 percent fall. The biggest drop in sales were seen in the higher ends of the market. No sales over $3.5 million were recorded during the quarter, compared to one logged during third-quarter 2009, while the $1 million to $1.99 million range saw four sales, a 50 percent drop. The data reflects a “bobbing along the bottom,” according to Town & Country CEO Judi Desiderio, who said that the market saw its lowest point in the second quarter of 2009. TRD