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.

News 12 Staff

Dec 15, 2020, 11:55 AM

Updated 1,277 days ago

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The 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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