Median housing prices in Nassau County have gone down for the first time since 2015.

Realtor Robin DiGirolamo says the shift in prices home buyers are seeing is due to supply and demand and interest rates, which is making the market freeze.

"We still have so much pent-up demand because people need a place to live," DiGirolamo says.

Even with the average 30-year fixed rate mortgage at a little over 6%, DiGirolamo says buying always makes more sense because it builds equity and equity builds wealth.

The realtor says the market is alarming for sellers because inventory is so low.

She says she tells people the best time to sell or buy a home is different for everybody and depends on when there is an opportunity.

DiGirolamo says prices dipped 1.5% in Nassau County since February 2022, but prices went up 1.5% in Suffolk County over the same timeframe.