By Hank Russell
Nassau and Suffolk County home prices have risen again, with Nassau’s sales price reaching nearly $850,000.
According to the New York State Association of REALTORSⓇ (NYSAR), Nassau’s median sales price last month was at $849,000. That is up 4.7% from the previous August, when it was $811,000. The median sales price in Suffolk also went up 5.2% from $651,000 in August of last year to $685,000 in August 2025.
The median sales prices in both counties exceeded that in New York. In August, the median sales price was $460,000, which is 5.7% higher than the previous August, when it was $435,000, according to NYSAR. The median sales price yield to date was $434,458 — a 4.7% rise over the first eight months in 2024, which was $415,000.
Home sales in Nassau went up slightly year over year by 1.3%. There were 1.037 closings this past August, whereas 1,024 homes were sold in August 2024. In Suffolk, August’s home sales declined 6.6%, with 1,300 closings. In August 2024, there were 1,392 homes for sale.
In Nassau, home availability was an issue. There were 6.5% fewer new listings last month. There were 997 new listings, down from 1,066 the previous August. Additionally, there was a 5.3% drop in homes available for sale — from 2,650 in August 2024 to 2,509 in August 2025. Inventory also declined 6.3% from 3.2 months to 3.0 months.
Suffolk’s home availability numbers were mixed. Last month, there were 1,458 new listings, which was 3.1% off from August 2024’s figure of 1,505. The number of homes for sale was up, albeit slightly, from 3,484 to 3,510 — an 0.7% increase. Inventory was unchanged at 3.2 months.
Both counties had lower inventories than the state. Throughout the state, there is a 3.5-month supply; in August 2024, there was a 3.3-month supply, which is 6.1% lower than this year’s figure.