Happy New Year. The Nassau County Real Estate market finished 2023 in solid seller’s market territory.

Absorption Rate: Currently, there are only 2.05 months of supply available in the market. This means that demand is high and properties are selling quickly. That is a dramatic 57% drop from the …

Northport Village is a charming, quaint waterfront community located on the north shore of Long Island, New York.. It is part of the Town of Huntington in Suffolk County. The village is known for its picturesque setting, historic architecture, and a vibrant downtown area. (See what the New York Times …

The residential real estate market is a complex dance, and many homeowners face the reality that they must both buy their new home and sell their current one simultaneously.  The coordination of a purchase and a sale is a daunting task, especially in New York. Whether you're upsizing …

The Suffolk County real estate market remains highly favorable market for sellers.

Limited Inventory : Suffolk County currently has an absorption rate of 2.67. This means it would take approximately 2.67 months to sell all existing properties if no new listings were added. Over the past year, the Suffolk …

The Nassau County real estate market is still in strong seller market territory.

Limited Supply and High Demand: With a low 2.29 absorption rate (Months Supply of Inventory), the current market in Nassau County is characterized by a scarcity of available homes and a strong demand from buyers despite …

The Suffolk County real estate market continues to thrive in a solid seller territory despite the persistently high interest rates.

While the 30-year fixed mortgage rates remain in the high range of 7%, Suffolk County home prices maintain their steady ascent. Although the rate of increase has slightly decreased, the …

The Nassau County real estate market continues to thrive in a solid seller territory despite the persistently high interest rates.

While the 30-year fixed mortgage rates remain in the high range of 7%, Nassau County home prices remain strong. Although the rate of increase has slightly decreased, the scarcity of …

In Suffolk County, the median sale price for residential properties reached $595,000 in September 2023, marking an 8.2% increase from the previous year's reported price of $550,000 on the MLS. The number of closed and pending residential transactions in September 2023 were 1,136 and 1 …

Nassau County's housing market is looking strong, with a median sale price of $735,000 in September 2023. This represents a 5.20% increase from last year's price of $699,000. Additionally, there were 912 closed residential sales and 848 pending transactions in September 2023. Compare this to …

The closed median sale price in Suffolk County for October 2022 was $550,000, an increase of 6.2% over last October’s number of $650,000. There were 1,226 closed home sales and 1,262 pending sales in October 2022, compared to 1,369 closed and 1,251 pending …