• Wed. Jul 17th, 2024

Joseph LiBrandi

The LiBrandi Team at Keller Williams Realty

Nassau County Market Update

May 26, 2023 ,
Nassau County Market Update

April 2023 Nassau County Home Sale Prices Market Update

Nassau County Home Prices as you see seem to be on the rise with very little inventory still out there. I am expecting another rise as spring time is upon us and more buyers will be ready to go looking as they adjust to the interest rates staying between 6-7%

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*Nassau County reported a residential closed median sale price of $660,000 in April 2023, a decrease of 1.30% from $668,500, reported in April 2022. There were 604 closed residential sales transactions and 1,009 pending transactions reported in April 2023, following 739 closed and 1,089 pending transactions reported the month prior.

The OneKey MLS Regional Area reported a closed median sale price of $575,000 in April 2023, representing a decrease of less than 1.00% as compared to the reported $580,000 in April 2022. Across the regional coverage area, there were 3,160 closed residential transactions and 4,759 pending transactions, following the reported 3,612 closed and 5,203 pending the month prior.

 

Suffolk County Market Update

*statistics provided from LIBOR