The February 2020 closed median home price for Long Island, which includes Nassau, Suffolk, and Queens housing data, was $480,000 representing a 6.7% increase over last February.

Nassau County reported a $530,000 closed median home price in February representing an increase of 5% over $505,000 reported by MLSLI last year. Suffolk County reported a closed median price of $405,000, which represents a 8% increase over $375,000 reported a year ago. Queens reported a closed median home price of $589,894 representing an increase of 7.8% over $547,250 reported in February 2019

The total number of available residential listings is 15,330, which represents a decline of 1.7% over last year.

February 2020 Market Update reports for Nassau, Suffolk, and Queens Counties are available under the MLS Activity Reports section of Stratus. The Market Update reports are also available at LIRealtor.com under the Research and Data section of the Member Area.