By Hank Russell
Same story, different month: Home sales on Long Island have cratered, but the prices have continued to go up, according to a recent report.
According to the New York State Association of REALTORSⓇ (NYSAR), home sales in Nassau County fell last month by 6.3% to 730 from 779 in November 2024. In Suffolk, 1,030 homes were sold last month; that is a 12.1% drop year over year. The previous November, there were 1,172 closings.
While home sales dwindled, prices continued to escalate. The median sales price in both Suffolk and Nassau went up 7.9%. In Suffolk, prices went up from $635,000 the November of last year to $685,000 last month. During that same time, Nassau saw prices go up from $755.000 to $814,999. That exceeds the statewide average price of $420,000, which is higher than in November 2024, when it was $400,000, according to NYSAR.
Availability continues to be an issue. Based on NYSAR data, there are 10.2% fewer listings this year than they were last year in Nassau. The number of listings fell from 788 the previous November to 708 in November 2025. In Suffolk, there were 962 new listings last month — a 2.3% drop from November 2024, when that number was 985.
In Nassau, there were 2,191 homes on the market in November 2025. That is less than the previous November (2,444), NYSAR said. Last month, there were 3,038 homes for sale in Suffolk — down 7.3% from last year (3,277).
Inventory was also down, from 2.9 to 2.6 months in Nassau (a 10.3% decrease), while, in Suffolk, there was only 2.7 months’ worth of inventory left; that is 10.0% less than the previous November (3.0 months). Both counties’ inventories are less than the state’s, which was unchanged from November 2024 at 3.1 months.