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Long Island Home Prices Increase in November 2014

12/17/2014

1 Comment

 
By: Christina DeFalco-Romano
Date: 12/12/2014

The closed median home price in November 2014 for Long Island, which includes Nassau, Suffolk, and Queens’s housing data, was $380,000 representing a 2.7% increase over last year. Nassau County reported a $428,000 closed median home price in November, representing a 3.1 increase over $415,000 reported by MLSLI last year. Suffolk County reported a closed median price of $325,000 representing a 2.9% increase over last November. Queens reported a closed median home price of $380,000, representing a 3.8% decrease over last year.

Long Island available inventory has been stable and in November 2014 was 21,403 which is almost equal to last November’s reported 21,397 available residential listings.

November 2014 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.

1 Comment
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    Island Preferred, Inc. is a trusted provider of business capital and essential services, dedicated to helping businesses and consumers thrive. We offer a comprehensive range of solutions, including business funding, payment processing, healthcare services, consumer services through out the US and Canada.  We offer real estate appraisal services in Suffolk and Nassau Counties, New York. With deep industry expertise and a commitment to excellence, we empower businesses to overcome challenges, scale efficiently, and achieve long-term success. Whether you need working capital to fuel growth, advanced payment processing solutions, or strategic guidance, our experienced team delivers customized solutions tailored to your needs. At Island Preferred, Inc., we prioritize customer satisfaction and long-term partnerships. Let us be your trusted partner in driving business success and financial well-being.

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