Top News

Letters: Memorial Day events on the Island and more
State bill aims to decrease hazing, drinking and drug use at colleges
Island voters overwhelmingly approve school budget, give newcomer to board most votes
Joe Theinert and Jordon Haerter named to state's Veterans Hall of Fame
Island splits from the North Fork under new county redistricting plan
POLL: How did you vote on the school budget?
School vote on Tuesday: budget, three board seats to be decided
This week in Shelter Island History: from the Reporter's files
Scholars study slavery through Sylvester Manor archives at NYU
Tall Ships: Made from old U-boats, Unicorn runs with all-female crew

Sports

Gym chairs still out of reach, Colligan halfway to fundraising goal

May 12, 2012

Shelter Island JV baseball team is 5-1; coach hopeful for winning season and varsity status next year

April 28, 2012

Island's Olympic sailor finishes second in Hyeres, France World Cup regatta

April 27, 2012

Education

State bill aims to decrease hazing, drinking and drug use at colleges

May 16, 2012

Island voters overwhelmingly approve school budget, give newcomer to board most votes

May 15, 2012

Q&A: Big city girl on exchange from China

May 12, 2012

Business

Eklunds will reopen Chequit this season as sale remains in the works

May 11, 2012

Hospital picks Mills firm's men as honorees for its 2012 golf classic

April 27, 2012

'Bigfoot' baler now assisting farm and marina recycling efforts

April 14, 2012

Community

Perlman alumni concerts are announced

May 13, 2012

Garden Column: Growing your own — starting seeds from scratch

May 13, 2012

Don Young is saving energy in his green dream car

May 13, 2012

Obituaries

Obituary: E.Y. Clark

April 26, 2012

Obituary: Elizabeth Yvonne (E.Y.) Clark

April 23, 2012

Obituary: Harold Olson

April 18, 2012

Real Estate

Town grants Tarlow permit for house larger than code limit

April 10, 2012

Native plants will keep birds and bees in your backyard

March 27, 2012

Dougherty calls for help opposing bid to halt county open space programs

February 10, 2012

Opinion

Letters: Memorial Day events on the Island and more

May 17, 2012

Column: Not as easy as it looked on television

May 12, 2012

Suffolk Closeup: Media scourge on Rupert Murdoch

May 11, 2012

Slump continues: Sotheby’s 2011 real estate summary for Shelter Island

REPORTER FILE PHOTO | One of 138 properties that were for sale on Shelter Island last year.

Slumping numbers dominate the 2011 Shelter Island real estate statistical report released  this week by Daniel Gale Sotheby’s International Realty.

Compared to the numbers for 2010, the “days on market” figure soared 57 percent, the number of sales slid 5.35 percent and the average price fell 17.5 percent, according to the company’s summary.

The average price of real estate sales in 2011 was $955,670 compared to $1,158,808, down 17.5 percent. The median price slumped from $922,500 to $775,000 and the highest price recorded during the year fell from $3.45 million in 2010 to $2.97 million in 2011.

Days on the market rose from 240 to 377 and the number of sales slipped from 56 to 53.

If there was a glimmer of good news, it was the slight drop in inventory from 140 properties on the market in 2010 to 138 in 2011.

More details, including comparisons to other East End communities, will be covered in in the Reporter.