Condo & Single-Family Market Update

As we wrap up Q4 2025, the Long Island real estate market continues to show resilience, stability, and strong buyer demand despite ongoing inventory challenges. Whether you are considering buying, selling, or investing, understanding the latest market trends is key to making informed decisions.

Long Island Market Snapshot – Q4 2025

• Total Sales: 5,439 homes sold
  Up 0.9% year over year

• Median Sales Price: $739,000
  Up 5.6% year over year

• Months of Supply: 1.8 months
  Still reflecting a strong seller’s market

• Average Days on Market: 45 days
  Properties continue moving quickly

• Listing Inventory: 3,351 active listings
  Inventory increased 3.6% year over year

What These Numbers Mean for Buyers

While inventory has slightly improved, Long Island remains a highly competitive market with only 1.8 months of supply available. Well-priced homes in desirable communities continue to attract strong activity, multiple offers, and quick contract timelines.

For buyers, preparation remains critical:

• Secure financing early

• Be ready to act quickly

• Understand local market values

• Work with an experienced agent who knows how to navigate competitive situations

The increase in inventory is a positive sign, offering buyers more opportunities compared to previous quarters, but quality homes are still moving fast.

What This Means for Sellers

The data continues to favor sellers across many Long Island neighborhoods. Median prices have risen 5.6% year over year, highlighting continued demand and strong property values.

However, today’s market also rewards proper pricing and presentation more than ever before. Buyers remain selective, especially as inventory slowly increases. Homes that are professionally marketed, properly staged, and accurately priced are seeing the strongest results.

Key seller advantages in today’s market:

• Strong property appreciation

• Motivated buyer pool

• Limited housing supply

• Favorable market conditions for move-up sellers

Inventory Is Improving — But Demand Remains Strong

The 3.6% increase in listing inventory is an important trend to watch moving into 2026. More inventory may help create a healthier balance between buyers and sellers, but demand across Long Island remains extremely strong due to:

• Limited new construction

• Continued demand for suburban living

• Strong school districts

• Access to NYC and major employment centers

• Lifestyle appeal of Long Island communities

Looking Ahead to 2026

As we enter 2026, market conditions suggest continued stability with moderate appreciation and sustained buyer activity. Interest rates, inventory growth, and economic conditions will continue shaping the market, but Long Island real estate remains one of the most sought-after housing markets in the region.

Whether you are thinking about buying, selling, downsizing, upsizing, or investing, having a clear strategy and local market knowledge is more important than ever.

Thinking About Making a Move?

If you are curious about your home’s value, current market conditions in your neighborhood, or planning your next move, Team Patel is here to help guide you through every step of the process.

📍 Serving Long Island Residential & Commercial Real Estate
📞 631-220-2860
📧 [email protected]
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