Real LI

Buying and selling real estate in the communities of Long Island

LI home sales fell in March, but prices up

Compared to the year-ago period, the number of

(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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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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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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LI home sales surge by 41 percent, and prices tick up

Long Island’s housing market posted strong gains last

(Credit: iStock)

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...

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Home sales rise 22% in Suffolk, 14% in Nassau

Danny Caruso, 31, bought a home in Franklin

(Credit: Newsday / Thomas A. Ferrara)

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...

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LI home sales, prices rise as supply drops

Housing stock is down on Long Island.

(Credit: iStock)

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...

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LI home sales spike in July, as inventory drops

With inventory dropping and buyers jostling for the

(Credit: Getty Images)

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...

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