Long Island Housing Data for May 2019

Jun 12, 2019

The May 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $465,500 representing a 3.4% increase over last May.  

Nassau County reported a $530,000 closed median home price in May representing a 2.9% increase over $515,000 reported by MLSLI last year. Suffolk County reported a closed median price of $390,000, which represents a 6.8% increase over $365,300 reported a year ago. Queens reported a closed median home price of $556,000 representing a decrease of 2.1% over $568,000 reported in May 2019.

The total number of Long Island residential inventory in May 2019 was 18,716 representing a 13.3% increase over last year.

May 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.