< All Market Reports

Elliman Report: Long Island Sales 3Q 2014

After four consecutive quarters with year-overyear price increases, the Long Island housing market showed price stability as the pace of the market slowed. Median sales price was $380,000, unchanged from the prior year quarter and 14.1% below the market peak of $442,380 in the third quarter of 2007. The luxury market or top 10% of all sales, was up 6.5% to $1,145,000 from the same period last year, outperforming the overall market. After bottoming in the fourth quarter of 2013, inventory continued to rise but still remained 18.6% below the ten-year quarterly average…

Download Now

Get Weekly Insights and Research

Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

Follow Jonathan on Twitter

#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
NYC CT Hamptons DC Miami LA Aspen
Joined October 2007