Suffolk Home Prices Rise While Nassau Stays Steady: Report

Year-over-year home prices for February held the line in Nassau, but Suffolk County saw a big uptick in how much homeowners were getting for their houses.

The sale figures, just released by the Multiple Listing Service of Long Island (MLSLI), show that the housing market in Long Island is still in a state of relatively steady growth.

The median sale price for a home in Nassau County in February 2019 was $505,000 -- the same as in the same month in 2018. However, it was down from the January 2019 median of $525,000.

Suffolk had a better month. The median price there for February was $380,000 -- up from the February 2018 median of $355,000. And it was the same as the price in January 2019.

Nassau also saw the number of home sales go down in February, from 783 last year to 764 this year. It was also down from this January, where sales hit 931. Things in Suffolk were similar, with 976 sales this February compared to 1,005 last year. It was also down from 1,183 in January.

However, home sales tend to decrease in the winter months, when it's harder for sellers to show the full "curb appeal" of their homes, due to weather. The shorter month also affects the numbers.