The Real Deal New York

Home prices jump in Nassau and Suffolk as available inventory drops

March 19, 2018 02:40PM

Home prices in both Nassau and Suffolk Counties rose in February compared to the year before, according to the Multiple Listing Service of Long Island. The median price of a home in Nassau County was $505,000 last month, a 12.5 percent jump from 2017. In Suffolk County, the median price was $360,000, up 9.4 percent year over year. The number of listing fell by 14 percent in Suffolk and 2 percent in Nassau, the report found. [Newsday]