Below is the Long Island real estate market update for January 2020, brought to you by the Multiple Listing Service Of Long Island, Inc.
The January 2020 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $480,000, representing a 6.4% increase over last January.
Nassau County reported a $532,250 closed median home price in January representing an increase of 1.4% over $525,000 reported by MLSLI last year.
Suffolk County reported a closed median price of $401,750, which represents a 5.7% increase over $380,000 reported a year ago.
Queens reported a closed median home price of $605,000 representing an increase of 8% over$560,000 reported in January 2019.
To access a copy of the detailed monthly market reports broken out by county, visit MLSLI.com and click on the About Long Island tab and then click on Housing Statistics.