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 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...Read more »
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,...Read more »
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...Read more »
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 »