Inventory: Slim Pickings = Seller’s Market

As of May 2025, Long Island had just 6,232 homes listed, a slight 1.3% drop from last year—basically the same tight squeeze as your favorite deli line at lunch. Suffolk, meanwhile, saw 55% of closed deals land above asking price, with the average selling time shrinking from 57 to just 44 days Prices Keep Climbing—Even with High Rates

Despite mortgage rates hovering near 7%, median sale prices rose. In February, Nassau hit $795K, up 5.7% year-over-year, and Suffolk soared 13.3% to $680K Fast forward to June, and we’re seeing Nassau at nearly $786K (7.9% YoY) and Suffolk at $650K (8.5%)

Market Momentum Football? Still in Offense

Sales are holding strong: as of May, around 2,311 homes were under contract, nearly matching last year’s activity . That’s not a market taking a pause—it’s just catching a breath before another sprint.

Even Luxury Is Holding Its Own… Sort Of

While Hamptons prices skyrocket (think $2M+ median), the North Fork is quietly outperforming: medians hitting $1.09M, a 13% bump, while inventory dropped 43% year-over-year .

Slight Chill, Not a Freeze

Signs of cooling are subtle. Homes are lingering on the market a bit longer (around 60–66 days) , and listings have ticked up, but we’re not entering buyer territory anytime soon. The market’s not crashing—it’s playing smart .

Cash Out While the Market’s Still on Your Side
Thinking about selling? Don’t just toss a “For Sale” sign on the lawn and hope for the best. In today’s Long Island market, strategy sells—and the right game plan could put thousands more in your pocket.

📞 Let’s sit down, crunch the numbers, and build a listing plan that works smarter, not riskier. Because on Long Island, you don’t just list a home—you launch it. Ready to win this seller’s market? Let’s talk today before your window of opportunity tightens.