LI Home Prices Rise As Listings Dwindle, MLS Report Says

long island home prices

Long Island’s dwindling supply of homes for sale drove up housing prices last month. In Suffolk County, the median sales price increased by 6.5 percent compared with the previous August, to $375,000, the Multiple Listing Service of Long Island reported Thursday. Nassau County homes traded for a median price of $515,000, up 6.2 percent from a year earlier. There were 7,345 homes listed for sale in Suffolk last month, down 15 percent from the previous August. In Nassau, buyers had 5,008 listings to choose from, an annual decline of 11.6…

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Real Estate Prices In Suffolk Can’t Keep Up With Nassau: MLSLI

real estate prices in nassau and suffolk

Home listing prices in Nassau County skyrocketed in July while Suffolk County prices barely budged, according to a new report from the Multiple Listing Service of Long Island. The Long Island-wide data, which includes Queens in MLSLI reports, shows the median home sale price was $450,000 in July, which is a 8.43 percent increase over the last year and a 2.27 percent increase from June. The total number of Long Island residential properties on the market in July was 17,252, making the available residential inventory 10.03 percent lower than a…

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Long Island Home Prices Soar From May To June, Data Shows

long island home prices

Buying homes on Long Island in June comes with a hefty price tag, according to a new report from the Multiple Listing Service of Long Island. The Long Island-wide data, which includes Queens in MLSLI reports, shows the median home sale price was $444,500 in June, which is a 8.41 percent increase over the last year and a 7.11 percent increase from May. According to the data, median listing prices for homes in Suffolk have increased by $30,000 from May to June while Nassau homes have increased by $25,000. The…

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Long Island Real Estate: Laffey Experts To Walk You Through Every Step

long island real estate

Long Island, New York is extremely popular for its dazzling, white sand shorelines, its wonderful shopping centers like the Americana, its manors on the North Shore, and obviously, the widely acclaimed Hamptons. It is a sweeping, thickly populated island in southeastern New York State, extending east from New York City. Along its Atlantic drift are Jones Beach State Park, Fire Island and Montauk Point State Park, the last home to the late-1700s Montauk Lighthouse. Viewed on a map, the island looks like a big fish that swam straight up to mainland New…

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