Home prices hit record high on Long Island due to pandemic
The multiple listing service One Key says prices are 18% higher in Suffolk and 12% in Nassau.
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Dec 15, 2020, 11:55 AM
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Updated 1,769 days ago
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18h agoThe COVID-19 pandemic has led
to record high home prices on Long Island.
The multiple listing service
One Key says prices are 18% higher in Suffolk and 12% in Nassau.
The median price in Suffolk is now $473,000 and
$598,000 in Nassau.
Historically low interest rates and low supply as
people move out of the city are combining to fuel the surge in prices.
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