Despite April's less than ideal weather, buyers continued to chase housing value. Contract sales activity was off slightly compared to last year, but 11.1% higher than in March. Median home prices were on a par with last April. The closed median home price in April 2014 for Long Island, which includes Nassau, Suffolk, and Queens's housing data, was $359,000, representing a 2.6% increase over last year. Nassau County reported a $410,000 closed median home price in April, representing a 5.7% increase over $388,000 reported by MLSLI last April. Suffolk County reported a closed median price of $301,000 representing a slight increase over last year while Queens reported a closed median home price of $370,000, up 2.8% from $360,000 reported last year.
To see the detailed reports for each county, please click the county name below to view the PDF file.