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Average house price continue to increase while the variety of houses on the marketplace decreased from a year ago, according to Numerous Listing Service of Long Island Inc.'s just recently released report for the month of November. The Long Island-wide information, which includes Queens in MLSLI reports, reveals the mean house sale rate was $457,500 in November, which is a 1.

17 percent boost from a year ago. The total number of Long Island homes on the market in November was 16,483, making the readily available property stock 11. 17 percent greater than a year back. In October, the readily available domestic 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 median rate for houses offered in Nassau in November was $525,000, which is a 7. 8 percent increase from last year and a 0 percent modification from October and September. In August, the typical price for houses sold was $550,000, which was the highest sales number from over the previous year.

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2 percent reduction from a year earlier and a 280 mathematical reduction from October where the number of homes offered was 1,651. https://www.youtube.com/c/ShowcaseIDX for houses offered in Suffolk in November was $380,000, a 7. 0 percent increase from in 2015 and a $7,000 decrease from October, where the mean cost for houses offered was $387,000.

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

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( LIBOR) and the Hudson Gateway Association of Realtors (HGAR) on the possibility of combining the previously mentioned and respectively owned MLSs to form one regional MLS. Joseph Mottola, CEO of LIBOR/MLSLI says, "The expansion of geographical limits will produce higher chances for members by offering access to a larger audience of property specialists for consumers alike." A benefit of the new MLS will be the seamless flow of information for Brokers and Representatives within the New york city Metro area.