Buying and selling real estate in the communities of Long Island
BloggersValerie Kellogg Kristin Lavin Taveira Maura McDermott Lisa Doll Bruno
Long Island’s housing market posted strong gains last month, with sales surging by 41 percent compared to a year earlier.
In Suffolk County, the median closed sale price was $331,145 in October, 5.1 percent higher than a year before, and 1,187 homes changed hands, a rise of more than 46 percent compared to a year earlier, according to a report released Thursday by the Multiple Listing Service...Read more »
Long Island home buyers hurried to lock in low interest rates last month, giving the housing market a burst of activity.
Suffolk County saw a 22 percent year-over-year increase in transactions, with 1,071 homes changing hands in September, the Multiple Listing Service of Long Island reported Thursday. In Nassau County, 995 homes were sold last month, a 14.4 percent bump compared to a year...Read more »
Long Island's supply of homes for sale is at its lowest level in at least two years, by one measure.
It would take just under five-and-a-half months to sell all 6,988 homes listed in Nassau County at the current pace of sales, according to a Newsday analysis of data supplied by the Multiple Listing Service of Long Island. In Suffolk County, it would take almost eight months to sell all 10,271...Read more »
Long Island home sales surged in July and prices ticked up, as the number of homes for sale continued to fall.
Nassau County saw a 23 percent year-over-year jump in the number of homes changing hands, with 1,174 homes closing last month, according to a report Wednesday by the Multiple Listing Service of Long Island. In Suffolk County, there were 1,221 home sales last month, a nearly 22 percent...Read more »
Long Island’s housing market perked up a bit last month, as buyers continued to shake off the impact of superstorm Sandy.
Nassau County saw a small uptick in home prices and sales compared to the previous February, according to a report released Thursday by the Multiple Listing Service of Long Island.
In Suffolk County, the number of sales fell year-over-year and prices remained stagnant....Read more »