Welcome to the latest update on the housing market on Long Island, Nassau & Suffolk County Edition! As of June 2024, we're bringing you the most recent trends and figures to help you understand our local real estate dynamics.

This June, the median home price on Long Island is $675,000, a 4.5% increase from last year. In Nassau County, the median price rose by 5.2% to $735,000, while Suffolk County saw a 7.8% increase to $620,000. However, Queens experienced a 3.2% decrease, settling at $665,000.

The total number of available residential listings is 8,900, a 3.8% decrease from May 2024, indicating a tighter market. Closed sales activity also saw a decline, with 16.5% fewer sales than last year.

Despite these shifts, the Long Island housing market shows robust interest, especially in Nassau and Suffolk Counties, with rising median home prices. For those looking to buy or sell a home in this dynamic market, I'm here to guide you through every step. Book an appointment to discuss your real estate goals and explore your options on Long Island.