Median sales price of the North Fork housing
market increased year-over-year for the fifth
consecutive quarter and sales expanded for
the fourth consecutive quarter. Median sales
price increased 8.4% to $517,400 from the prior
year quarter. Average sales price decreased
11% to $629,943 over the same period as a
result of the decline in higher end sales. This
was seen in the large declines in the luxury
price indicators…