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Thursday, April 25, 2019

Report: Long Island home sales edge down as prices rise | Newsday

Report: Long Island home sales edge down as prices rise | Newsday: Long Island home sales edged down at the beginning of the year as prices rose for the 24th straight quarter, a new report says.

The median price of homes on Long Island, excluding the Hamptons and the North Fork, climbed 4.9 percent in the first quarter to $429,999, real estate brokerage Douglas Elliman and appraisal company Miller Samuel said in a new report. That compares to $410,000 in the first quarter of 2018.