Long Island Housing Market Grows In December

Both the Nassau and Suffolk real estate markets saw strong growth in December, rebounding from a slight dip from November, according to data from the Multiple Listing Service of Long Island.

The median sales price and the number of homes sold went up for both counties, compared both to last month and this time last year. It's further proof that Long Island's housing market is still going strong.

In Nassau, the median sales price for December was $538,000 — up from November's median of $534,500, and way up from last December's $515,000.

Nassau also saw an uptick in the number of homes sold. This December saw 1,095 sold, compared to 1,063 in November. It's also higher than last December, when 1,052 homes were sold.

Suffolk also improvements, and they were even better than Nassau. The median sale price in Suffolk in December was $415,000. In November, it was $400,000. It's also a huge improvement over last December, when the median sale price was $376,800.

In Suffolk, there were also gains in the number of homes sold. In December, there were 1,515 units sold, compared to November's 1,390. It's also more than last December's 1,489.