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Median home price continue to increase while the number of residential properties on the marketplace decreased from a year back, according to Numerous Listing Service of Long Island Inc.'s recently released report for the month of November. The Long Island-wide data, which includes Queens in MLSLI reports, reveals the average home price was $457,500 in November, which is a 1.

17 percent boost from a year back. The overall variety of Long Island homes on the marketplace in November was 16,483, making the available property stock 11. 17 percent higher than a year back. In October, the available property inventory was at 17,430, MLSLI reports. Nassau County, In Nassau, there were 1,092 homes sold in November, which is a 4.

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The average rate for homes sold in Nassau in November was $525,000, which is a 7. 8 percent increase from in 2015 and a 0 percent modification from October and September. In  metrolist , the median rate for homes offered was $550,000, which was the highest sales number from over the previous year.

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2 percent decrease from a year ago and a 280 mathematical reduction from October where the number of homes offered was 1,651. The mean rate for homes offered in Suffolk in November was $380,000, a 7. 0 percent boost from in 2015 and a $7,000 reduction from October, where the median price for homes offered was $387,000.

WEST BABYLON, N.Y., Sept. 25, 2018/ PRNewswire/-- The Numerous Listing Service of Long Island, Inc. (MLSLI) and the Hudson Entrance Numerous Listing Service (HGMLS) have merged to form the New York MLS, LLC. The brand-new MLS will consist of around 40,000 property experts, serving Nassau, Suffolk, Queens, Brooklyn, Manhattan, Bronx, and Westchester, Putnam, Rockland, Sullivan and Orange Counties.

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( LIBOR) and the Hudson Entrance Association of Realtors (HGAR) on the possibility of combining the previously mentioned and respectively owned MLSs to form one local MLS. Joseph Mottola, CEO of LIBOR/MLSLI says, "The expansion of geographic borders will produce greater opportunities for members by providing access to a bigger audience of property professionals for consumers alike." An advantage of the new MLS will be the smooth circulation of information for Brokers and Agents within the New York Metro area.