02/08/17 9:44am
The second highest single family home sale of 2016, on Aldrich Lane Extension in Mattituck, sold for $3.25 million, according to data from Suffolk Research Service. (Credit: Douglas Elliman Real Estate courtesy)

The third highest single family home sale of 2016, on Aldrich Lane Extension in Mattituck, sold for $3.25 million, according to data from Suffolk Research Service. (Credit: Douglas Elliman Real Estate courtesy)

Despite an overall drop across the East End in single-family home prices, properties in Riverhead, Southold and Shelter Island towns sold for more in 2016.

At the same time, unit sales for last year increased in all five towns, including Southampton and East Hampton, with 3,356 homes sold. That number was slightly higher than in 2015 and 37 percent higher than unit sales in 2012, data from Suffolk Research Service shows.

“Last year was very busy, very lively,” said Diane Mollica, an agent with Daniel Gale Sotheby’s International Realty in Mattituck. “[Buyers] started off looking for second homes, up to about $500,000. Then there was a surge in waterfront properties being sold late in the summer, so we finished up on the higher price with waterfronts.” (more…)