APRIL 2021 • LONGISLANDPRESS.COM 53
BY TIMOTHY BOLGER
Homebuyers hoping to snag the house of their dreams as moving season returns on
Long Island are in for a reality check as the pandemic continues to loom large over the
market.
Median residential real estate prices in Nassau County were up 14 percent in February
over this time last year to $600,000 while prices in Suffolk County were up 18 percent
to $475,000 for the same time period, according to One Key Multiple Listing Service
data. Inventory was down 3.4 percent from January and 24 percent since last year, the
data shows.
WHAT’S INSIDE
INSIDE JOB
55 OPEN
56 THE
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HOUSE A LIST
PRESS HOME
RED-HOT MARKET
continued on page 54
Competition remains stiff for home buyers on Long Island. (Getty Images)
LI HOME PRICES SOAR WITH INCREASED DEMAND, LOW INVENTORY
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