Long Island Home Prices Jump In Nassau, Fall In Suffolk

home prices nassau and suffolk

Long Island home prices jumped in Nassau County and fell in Suffolk County last month, a new report shows. The median closed sale price in Nassau was $480,000 in May, up 6.7 percent from a year earlier, the Multiple Listing Service of Long Island reported Thursday. In Suffolk, the median price dropped 1.4 percent from a year earlier, to $335,000. In both counties, buyers face a slim supply of listings. The number of homes for sale fell year-over-year by 18 percent in Nassau, where just under 5,200 were on the…

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