Real LI

Buying and selling real estate in the communities of Long Island

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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