Overall the Long Island Housing market has performed very well. Median sold prices are up in all three counties: Nassau, Suffolk and Queens. Yet, homes still remain affordable. While the numbers are up, you’ll see inventory is down. Less inventory means that home are selling faster than new homes are being put on the market – indicating it’s a good time to sell.
Take away:
2015 was a stellar year and 2016 will take the same course. If you’ve been waiting – don’t wait any longer. Now’s the time to buy and/or sell on Long Island.
Joe Moshe at Charles Rutenberg Realty Long Island
Joe Moshe is the Broker/Owner of Charles Rutenberg Realty Long Island, offering 100% commission to Agents. With over 1000 agents, it's one of the fastest growing, most progressive real estate brokerages on Long Island.
Latest posts by Joe Moshe (see all)
- What Can Homebuyers Expect After COVID-19? - May 1, 2020
- Homebuilder Confidence Index Craters Due to Coronavirus Impact - April 22, 2020
- Fed Issues Emergency Interest Rate Drop to Counter Coronavirus Effect - March 10, 2020
