The December 2018 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $460,000, representing a 4.5% increase over last December.

Nassau County reported a $515,000 closed median home price in December representing a 4.0% increase over $495,000 reported by MLSLI last year. Suffolk County reported a closed median price of $380,000, which represents a 5.3% increase over $361,000 reported a year ago. Queens reported a closed median home price of $615,000 representing an increase of 11.8% over $550,000 reported in December 2018.

The total number of Long Island residential inventory in December 2018 was 14,342 representing an 12.3% increase over last year.

December 2018 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.

Media contact: Christina DeFalco-Romano