Nassau Median Price Rises by 9.8% to $450,000
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The median price of homes sold in Nassau County has risen every month since February of 2012, with the most dramatic increase being in August. The median sale price for private homes and condos rose to $450,000, a $61,500 increase (15.8%) since the first of the year, with a $40,000 increase (9.8%) in August alone. The month of August has typically shown the highest median price in Nassau County, and this has been the highest August as well as the highest month since August 2008. Suffolk County median prices had been following a similar trend since the first of the year, but fell back in July and August. See charts below. |
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For complete information on Long Island Sales and Lis Pendens, visit The Long Island Real Estate Report Stats/Trends area. |