The January 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $450,000 representing a 2.5% increase over last January.
Nassau County reported a $525,000 closed median home price in January representing a 5.0% increase over $500,000 reported by MLSLI last year. Suffolk County reported a closed median price of $380,000, which represents a 5.8% increase over $359,000 reported a year ago. Queens reported a closed median home price of $550,000 representing an increase of less than 1% over $547,000 reported in January 2019.
The total number of Long Island residential inventory in January 2019 was 15,270 representing a 14.4% increase over last year.
January 2019 Market Update reports for Nassau, Suffolk, and Queens Counties are available under the MLS Activity Reports section of Stratus. The Market Update reports are also available at LIRealtor.com under the Research and Data section of the Member Area.