T
he home at 2000 Bebe Drive closed on Oct. 8, listed by Susan Orioli and Christine Peddy, and sold for $2.3 million—above both the average and median prices in Cutchogue. (Photo: RiseMedia)
---
### Q2 Market Snapshot – North Fork
#### Corcoran
Sheri Winter Parker notes that every North Fork town is growing, driven by the region’s farm‑food‑wine culture. The area is no longer just a day‑trip destination; it’s becoming a place to settle. Homes now feature a mix of traditional charm and modern flair, with buyers adding creative exteriors, seating areas, lighting, gardens, and amenities.
- Q2: 98 single‑family closings (5 % drop from Q2 2024); average price $1.329 M (21 % YoY rise).
- Q1: 116 sales, average $1.344 M (17 % sales increase, 14 % price rise YoY).
- Median price $999 k (14 % up from Q2 2024, 0.4 % up from Q1 2025).
- Cutchogue led Q1 volume (+104 % to $38.976 M); Aquebogue/Jamesport topped Q2 (+83 % to $18.526 M).
- Southold/Peconic consistently had the most single‑family sales and volume.
#### Douglas Elliman
Kristy Naddell describes the market as “stable but selective.” Buyers are cautious yet strategic, especially those seeking second homes or investments. Many who once shopped the South Fork are now turning to the North Fork for better value and a relaxed lifestyle.
- Q2 average price $1.507 M (28 % higher than Q1 2025, 28 % YoY).
- Homes spent 75 days on market in Q2 versus 104 days in Q1.
- 116 closed sales in Q2 (10.5 % rise over Q1’s 104).
- New Suffolk and Orient Point had the highest price points ($1.867 M and $1.751 M).
- Greenport, Southold, Mattituck, and Cutchogue led Q2 sales volume.
#### Engel & Völkers
Donald Brennan Jr. highlights that demand extends beyond waterfronts, with inland parcels gaining traction. Q2 saw a 22.7 % drop in single‑family sales volume ($137 M vs. $178 M in Q1) but an average price rise to $1.168 M (7.85 % up from Q1, 5.6 % YoY).
- 116 transactions in Q2 (down 18.9 % from Q1’s 143).
- 10 sales exceeded $2 M.
- New Suffolk topped average price ($1.629 M); Southold had the most transactions (28).
- Southold also led Q1 with 43 sales and a $1.761 M average price.
#### William Raveis
Judi Desiderio reports a solid upward trajectory: a 5.16 % increase in sales over 2014, a 9.72 % rise in median price, and a 24 % jump in total volume. The $3.5–4.99 M segment is growing steadily.
- Mid‑year median price $987.5 k (10 % higher than 2024).
- 224 homes sold (5.16 % up from mid‑year 2024).
- Largest sales cluster: $1–1.99 M (75 units), followed by $2–3.49 M (23 units).
- 40 of 64 sales in Southold/New Suffolk/Peconic exceeded $1 M, marking the biggest increase in the $1–1.99 M range.
- Mattituck (Laurel and Cutchogue) handled five of six $3.5–4.99 M sales.
---
**Author:** Lana Bortolot covers real estate, design, community development, and historic preservation for New York City newspapers. She contributes to The New York Times real‑estate columns “What You Get” and “The Hunt,” and has written on topics from Irish house raffles to expats and RV nomads.
