Long Island Housing Data for March 2019

The March 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $460,000 representing a 4.5% increase over last March. Nassau County reported a $517,000 closed median home price in March representing a 3.4% increase over $500,000 reported by MLSLI last year.  Suffolk County reported a closed median price of $372,875, which represents a 5.9% increase over $352,000 reported a year ago.  Queens reported a closed median home price of $557,000 representing an increase of 2.2% over $545,000 reported in March 2018.

The total number of Long Island residential inventory in March 2019 was 16,535 representing an 14.6% increase over last year.