Real LI

Buying and selling real estate in the communities of Long Island

LI home sales fell in March, but prices up

The National Association of Realtors said Thursday, May

(Credit: AP)

Long Island's housing market slowed last month, as late-winter storms kept buyers at home.

In Nassau County, the number of closed sales fell by nearly 12 percent compared to the previous March, to 587, according to a report released Friday by the Multiple Listing Service of Long Island.

Suffolk County sales fell by almost 5 percent year over year, to 707. Those figures typically reflect...

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Homeowners to learn about security, tech at Melville expo

Mitch Pally, chief executive of the Long Island

(Credit: Barry Sloan)

Long Islanders can learn about home monitoring and security technology at an exposition on Wednesday in Melville.

More than 100 exhibitors will offer advice and information on products such as smartphone-based home monitoring and geo-fencing, a technology that allows parents to monitor their children’s locations. The expo also will include information on new homes, rentals, remodeling, commercial...

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Home prices, sales rise in Nassau, but Suffolk lags

A "for sale" sign stands outside a home

(Credit: Bloomberg / Daniel Acker)

Nassau County’s housing market is on the rise, more than a year after superstorm Sandy devastated the region.

Homes in Nassau fetched a median price of $430,000 in January, up 7.5 percent from a year earlier, according to a report Friday by the Multiple Listing Service of Long Island.

Suffolk’s real estate market, which wasn’t hit as hard by Sandy, did not show the same strength. There,...

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Luxury sales, prices up on North Shore, report says

This Old Brookville estate is on the market

The sales price of luxury homes kept pace with the overall Long Island housing market at the end of last year, according to a new fourth quarter report by Douglas Elliman Real Estate.

In the luxury market -- which represents the top 10 percent of all transactions on the Island, excluding the East End, meaning a starting price of $755,000 -- the median sales price went up 3.3 percent, from...

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LI home prices remain steady, despite rise in sales: MLS report

Long Island home prices were nearly flat last

(Credit: Randee Daddona, 2012)

Long Island home prices were nearly flat last month, despite an end-of-year uptick in sales activity. Nassau County homes sold for a median price of $407,000 in December, up 1.8 percent from the same period in 2012, according to a report released Monday by the Multiple Listing Service of Long Island. Home prices hit their lowest monthly level since June, when the median price was $425,000.

In...

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