Long Island housing prices had year-overyear
increases for the 4th consecutive quarter,
although the rate of growth appeared to be
cooling. Median sales price edged 1.4% higher
to $360,000 and average sales price saw a
nominal 0.3% gain to $440,575 respectively from
the same period last year. Remaining unchanged
from the same period last year, the luxury
housing market, representing the top 10% of all
sales during the period, demonstrated stability
with a median sales price of $999,0000…