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LI Housing Prices Hit New Highs As Market Rebound Continues

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Long Island housing prices hit new highs in November as the coronavirus recovery continues. (Patch Graphic)
LONG ISLAND, NY Long Island housing prices hit new highs in November as the market continued its striking rebound from the shutdowns earlier this year.
According to One Key Multiple Listing Service, home prices in Nassau and Suffolk counties hit new highs in November, continuing a trend since the summer as the local real estate market rebounds from the shutdowns in the spring. From November 2019 to 2020, the median sales price on Long Island jumped 14.7 percent. The number of homes sold also jumped dramatically. ....

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