The February 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $455,500 representing a 5.9% gain over last February. Nassau County reported a $505,000 closed median home price in February, which is the same as the figure reported a year ago. Suffolk County reported a closed median price of $380,000, which represents a 7.0% increase over $355,000 reported a year ago. Queens reported a closed median home price of $560,000 representing an increase of 2.0% over $549,000 reported in February 2018.

The number of Long Island available residential inventory in February 2019 was 15,588 representing an 11.7% increase over last year.

February 2019 Market Update reports for Nassau, Suffolk, and Queens Counties are available under the MLS Activity Reports section of Stratus. The Market Update reports are also available at LIRealtor.com under the Research and Data section of the Member Area.

Media contact: Christina DeFalco-Romano