Long Island Housing Data for July 2019

Aug 13, 2019

The July 2019 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $490,000 representing a 3.2% increase over last July.

Nassau County reported a $546,400 closed median home price in July representing a 1.7% increase over $537,500 reported by MLSLI last year. Suffolk County reported a closed median price of $416,000, which represents a 6.7% increase over $390,000 reported a year ago. Queens reported a closed median home price of $577,500 representing a decrease of 2.0% over $589,500 reported in July 2019.

The total number of Long Island residential inventory in July 2019 was 19,144 representing an 8.1% increase over last year.

July 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.