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Suffolk & Nassau County Median Home Prices Increase

August 2018

According to the Long Island Board of Realtors the median home sale for August 2018 is the highest it's been in over a decade for Suffolk County. Click here for full article.

"The August 2018 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens’ housing data, was $485,000, representing a 9.0% increase over last August. Nassau County reported a $550,000 closed median home price in August representing a 7.4% increase over $512,000, reported by MLSLI last year. Suffolk County reported a closed median price of $405,000, which represents a 9.2% increase over $371,000 reported a year ago. Queens reported a closed median home price of $615,000, representing an increase of 15% over $535,000 reported in August 2018\

The total number of Long Island residential inventory in August 2018 was 17,405, representing a 4.6% increase over last year." - LIBOR

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