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LEGACY HOMES

FOLLOW THE SHORE Summary highlights of comparative observations from two Long Island markets and the San Juan Islands: West Coast | San Juan County

East Coast | North Shore

• The county median was slightly older than South Shore homes, but current RSIR listings are newest.

• Comparatively less expensive to buy vs. the South Shore, but more heavily taxed.

• Much more expensive to buy, with taxes lower than on the North Shore.

• RSIR listings are most expansive; the county median acreage was more than Forbes’ priciest Long Island towns.

• Older homes, some dating from the 19th century.

• Newer homes than on the North Shore.

• Greater acreage than on the South Shore.

• Less acreage than North Shore or RSIR current listings.

• Price reductions from list are similar to those of high-end sales in the San Juans.

• Price per square foot much higher than in the San Juans.

• Both median indoor square feet and price per square foot are lowest. • Selling prices are closest to offered prices. • Taxes are lowest of the three areas compared.

• Highest taxes paid.

East Coast | South Shore

• Price reductions are twice the median for San Juan County.

J

W W W. LEG ACY H O M E SRE P O R T.CO M

Legacy Homes Report 2016  

LEGACY HOME REPORT A legacy home is most often an expansive home, large enough to accommodate an extended family and guests, with fea...

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