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Market Update

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Eric Berman

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📣 Want to buy a home on Long Island? Now’s the moment!

Thinking Nassau or Suffolk? Here’s why this is prime time👇


🏡 Suffolk County (May 2025):

• Median sold price: $649 K, up 9.5 % YoY  

• Inventory down ~3.9 % MoM – homes now linger 30+ days more often 

• 35 % of sales were under asking—real buyer advantage 


🏡 Nassau County (May 2025):

• Median sold price: $779.9 K, up 8.2 % YoY 

• Average days on market dropped from 62 to 44 days (–29 %) 

• 40 % of homes sold under asking – more wiggle room for savvy buyers 


🔍 Long Island overall:

• Median single-family price across both counties: ~$779 K 

• Housing market cooling: more listings staying up for 2–4 weeks—giving buyers room to negotiate.


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✅ Why act now?

Homes sitting a couple of weeks are giving buyers real leverage to snag properties under asking—yes, it’s still happening!


💡 Quick Tip: Focus your search on listings 2+ weeks old—that’s where the deals are currently.


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💬 My buyers are already capitalizing on this shift. Ready to find your Long Island home at a smart price? Let’s strategize and make your bid count. 👇


📲 DM me today to unlock your advantage!


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#LongIslandRealEstate #NassauCountyHomes #SuffolkCountyHomes #HomeBuying #UnderAsking #HousingMarket2025 #LIRealtor #PropertyDeals #HouseHunting

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VIDEO

Queens Real Estate Market Update April 2025: What Buyers & Sellers Must Know!

Wondering where the Queens real estate market is headed? In this video, I break down the key market shifts in April 2025—from rising listings and home prices to faster sales and neighborhood spotlights like Astoria and Flushing. Whether you're buying or selling, you’ll get the insights you need to make informed decisions.

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