Tag Archives: Home inventory

Long Island Home Prices Increase During Q4 2013

| January 23, 2014

The Long Island housing market recently showed growth at the end of 2013 with a boost in housing prices. This meant more sales, but, at the same time, resulted in the lowest inventory numbers in more than ten years. Miller Samuel, a brokerage firm, and the real estate firm Douglas Elliman released a report that […]

Home Sales on Long Island Increase in December, Inventory Shrinks

| January 10, 2014

The real estate industry has seen continued growth on Long Island, with an increase in contracted homes and fewer homes listed for sale. Long Island Business News reported that there were 1,537 home sales during the month of December 2013 on Long Island. This is a 16.4% increase from December 2012, when 1,322 homes were […]