The May 2020 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, rose to $495,000 representing a 6.5% increase over last May.
Nassau County reported a $585,000 closed median home price in May representing an increase of 10.4% over $530,000 reported by the MLS last year.
Suffolk County reported a closed median price of $429,450, which represents an 10.1% increase over $390,000 reported a year ago.
Queens reported a closed median home price of $600,000 representing an increase of 5.7% over $567,500 reported in May 2019.
The total number of available residential listings in May 2020 on the MLS is 14,759, which represents a decrease of 21.1% over last year.
*Note that May 2020 market statistics were generated on June 8, 2020 and the numbers reported represents real time, up to the minute data.
