Long Island Real Estate Market - September 2017 Update

Closed median home price for Long Island, which includes Nassau, Suffolk & Queens: $435,000 representing an 4.8% increase over last year.

Nassau County: $511,000, 9.9% increase over 2016

Suffolk County: $360,000, 3.2% increase over 2016

Queens: $535,000, 12.6% increase over 2016

The total number of Long Island residential inventory in July 2017 was 16,341 representing an 9% decrease over last September.

Prices are up and inventory is down - it's a hot market sellers and a competitive market for buyers. Act early and quickly to take advantage!