The October 2019 closed median home price for Long Island was $488,000, which includes Nassau, Suffolk, and Queens housing data, was representing a 4.9% increase over last October.

Nassau County reported a $537,500 closed median home price in October representing less than a 2.4% increase over $525,000 reported by MLSLI last year. Suffolk County reported a closed median price of $405,000, which represents a 5.2% increase over $385,000 reported a year ago. Queens reported a closed median home price of $596,000 representing an increase of 4.6% over $570,000 reported in October 2019.

The total number of Long Island residential inventory in October 2019 was 17,939 representing a 3.5% increase over last year.

October 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.