The September 2017 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens' housing data, was $435,000 representing a 4.8% increase over last year.
Nassau County reported a $511,000 closed median home price in September, representing a 9.9% increase over $465,000 reported by MLSLI last year. Suffolk County reported a closed median price of $360,000, which represents a 3.2% increase over a year ago. Queens reported a closed median home price of $535,000, representing an increase of 12.6% over $475,000 reported in September 2016.
The total number of Long Island residential inventory in September 2017 was 16,341 representing a 9% decrease over last year.