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.