Home prices still rising : Medians up in both Nassau, Suffolk as sale closings drop
Long Island home prices kept climbing last month, despite a slowdown in sales activity.
Suffolk County's median home price jumped to $380,000, a gain of 5.3 percent compared with the previous December, the Multiple Listing Service of Long Island reported Wednesday.
In Nassau County, homes sold for a median price of $515,000, up 4 percent from a year ago.
The number of closed home sales fell by nearly 7 percent from a year earlier in both counties, the listing service reported....