Median Price declined in double digits in Queens. Nassau & Suffolk.
Median Price on closed properties:
................ Apr 2009 .... Apr 2008
Queens ... $354,000 ... $439,900 (-19.53%)
Nassau ... $380,000 ... $447,000 (-14.99%)
Suffolk ... $315,000 ... $370,000 (-14.86%)
Units under contract improved year over year:
....................... Inventory ...................... Units in contract ................ Months Supply
................. Apr 09 ..... Apr 08 ........ Apr 09 .... Mar 09 ...... Apr 08
Queens ..... 10312 ..... 11495 ........... 738 ........ 667 .......... 708 ............. 14.0
Nassau ..... 10323 ..... 10486 ........... 859 ........ 792 .......... 790 ............. 12.0
Suffolk ..... 13074 .... 14809 ........... 933 ........ 792 .......... 923 ............. 14.0
Source: Long Island Board of Realtors
