If you search Long Island home prices on the internet, you’re going to get a bunch of websites that key on that phrase and spam the term – Long Island home prices. At the same time, they’re going to site basic statistics about homes for sale on Long Island.
Now, I live on Long Island, and I’ve been selling homes on Long Island since 2007. I host the Housing Expert’s Podcast and in my last Long Island housing update, I discussed a few key statistics that you aren’t going to hear anywhere else.
- The pace of homes sales on Long Island is slowing
- Month Over Month sales prices are declining
- Less homes on Long Island are going into contract
What I find really comical is how websites and other companies, who aren’t local or licensed to sell real estate, spam up their articles so they get ranked above the content of hard-working, knowledgeable, and experienced Licensed Real Estate agents, like myself.
However, I just keep plugging away, producing more relevant content, filled with information and data that people won’t get on these other websites that basically just know how to spam the search engines in the meta-data and keywords (sorry that’s all techy stuff you don’t care about).
Back to the topic of Long Island home prices in 2023.
On my Instagram and Facebook account, I host short 1-2 minute videos about home prices on Long Island and other information that relates to the housing market on Long Island.
Basically, I do 3 to 5 videos every week, so if you miss something on a Monday, you’ll get more information on a Wednesday and Thursday.
Here’s a great article about what home prices are going to do on in 2023.
To be very clear, one of the things you’ll need to realize is that Long Island home prices will remain relatively flat, but don’t expect them to drop down too much. The current lack of available homes for sale on Long Island is definitely going to help maintain home prices at their current levels.
I’m not saying they won’t go down, but home prices most likely will not drop 10-20% like some very wishful homebuyers out there.
Thanks for reading this article. If you’d like to discuss buying or selling a home, please book an appointment online with me or call/text me at (631)831-9048. I also write a pretty easy-to-read monthly newsletter about the housing market each month for my current and past clients and anyone who signs up for it.
So feel free to enter your email address to receive the monthly newsletter. Thanks!
Follow me at Linktr.ee/TomMcGiveron