Four North Fork properties fetched prices above $5 million in 2015, helping to push total real estate sales in Southold Town to an all-time high.
That growth, local real estate professional say, is bolstered in part by factors that have remained steady.
In 2015, the median sales price in Southold Town rose to $509,000, up from $490,000 in 2014. That’s the highest figure recorded since median values peaked at $525,000 in 2007.
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Photo: The exterior of 3495 Soundview Ave. in Peconic, which sold for $6.6 million in May 2015. It was the highest sale on the North Fork last year. (Credit: The Corcoran Group courtesy)