Long Island home prices dip for second straight month
According to OneKey MLS, the Long Island home market is on pace to break records for closed sales and pending sales in 2021.
News 12 Staff
•
Nov 16, 2021, 5:41 PM
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Updated 885 days ago
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5ds agoLong Island's red hot real estate market may be cooling off. Home prices
in Nassau and Suffolk counties fell for the second straight month in
October.
However, homes still sold for more than 10% above prices from the
previous year.
The median price fell $11,500 in Nassau County in October, compared to
the previous month.
In Suffolk, the median price dropped $5,000, according to new numbers
just released by OneKey MLS.
The company says the Long Island home market is on pace to break records
for closed sales and pending sales in 2021.
