Weather helps the real estate market on Long Island

While the stormy conditions of last January might be a faint memory for many, realtors on Long Island know how tough a month it was. Thanks to spring-like weather this year both sales and listings are up this January. While we added 129 more houses to the inventory in Nassau County than we had last January - we sold (put under contract) 579 homes vs last year’s 529 homes. Suffolk County's market shows the same incremental gain in sales but 215 less houses on the market than the same time last year. Hopefully the watchword for real estate on Long Island will be stability. With enough buyers and not too many sellers to make the process of getting a fair market price easier.