The April 2016 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens’s housing data, was $385,000 representing a 2.7% increase over last year. Nassau County reported a $445,625 closed median home price in April representing a 3.3% increase over $431,500 reported by MLSLI last year. Suffolk County reported a closed median price of $310,000 which represents a -1.6% decrease over a year ago. Queens reported a closed median home price of $449,000, which represents a double digit gain of 12.3% over last year. The total number of Long Island residential inventory was 19,075 representing 12% less available listings than a year ago.
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