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Home price in Nassau County reduced from March to April while prices in Suffolk County escalated, according to Multiple Listing Service of Long Island Inc.'s just recently launched report for the month of April. Stock in Nassau and Suffolk counties also saw a similar pattern from March to April. However, house price and available residential inventory in both counties increased from April 2017 to April 2018, information shows.
9 percent increase over the last year. The overall number of Long Island houses on the marketplace in April was 15,253, making the readily available property stock 5. 7 percent lower than a year ago, regardless of Suffolk County seeing a boost. In April 2017, the readily available domestic inventory was at 16,196 MLSLI reports.
2 percent boost from a year ago and a 108 decline from March where the number of homes offered was 918. The average price for homes sold in Nassau in April was $495,000, a 4. 2 percent increase from last year and a $7,500 decline from March where the median rate for homes offered was $502,500.