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Home prices still rising : Medians up in both Nassau, Suffolk as sale closings drop

Jan 17, 2019 - Newsday (New York)

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....