Long Island Housing Data for June
As reported by the Multiple Listing Service of Long Island: The closed median home price on Long Island, which includes Nassau, Suffolk, and Queens, in June, 2011 was $355,000 representing a 3.5% decline over the closed median home price reported the year prior.
Both Nassau and Suffolk counties reported slight declines in terms of home prices in June, whereas Queens reported an increase.
Nassau County reported a closed median home price of $405,750 representing a 2.2% decrease from the prior year.
Suffolk County reported a closed median home price of $310,000 compared to $335,000 reported in June 2010.
Queens reported a closed median home price of $345,000, which is 4.5% higher than $330,000 reported a year ago.
The number of contracted sales transactions reported in June 2011 has increased significantly compared to contract sales activity reported a year ago. Nassau, Suffolk, and Queens have all reported double digit gains in the number of monthly contracted sales this month compared to June 2010.
The Multiple Listing Service of Long Island released their detailed market data reports for the month June.
To see the detailed reports for each county, please click the county name below to view the PDF file.