September 2025 Long Island Real Estate Market Update | Sellers Still Hold Control
Автор: Long Island Real Estate with Sal Catalano
Загружено: 2025-10-11
Просмотров: 442
Описание:
The Long Island real estate market is ending summer strong — and sellers are still holding all the cards.
In this September 2025 Market Update, we break down the latest housing data for Suffolk County and Nassau County, what the lower mortgage rates really mean for buyers, and how technology—from police drones to AI home searches—is reshaping real estate.
📊 Suffolk County Highlights (September 2025)
Median Sold Price: $710,000 (+1.4% MoM, +7.4% YoY)
Months of Inventory: 3.32 (down 13.5% YoY)
Median Days on Market: 31
Sold-to-List Ratio: 107.7% — the highest this year
Suffolk County remains a seller’s market, with homes selling nearly 8% over asking price. Inventory continues to shrink, and competition is fierce.
📊 Nassau County Highlights (September 2025)
Median Sold Price: $849,000 (down 1.8% MoM, +5% YoY)
Months of Inventory: 3.0 (down 11.8% YoY)
Median Days on Market: 30
Sold-to-List Ratio: 100.6%
Nassau’s market is steady, but still competitive under $1M.
🏠 Sal’s Take:
The lower mortgage rates we’ve been tracking since summer are starting to make an impact. Buyers are returning, but sellers remain in control. Inventory hasn’t caught up, and that keeps leverage firmly on the listing side of the table.
If you’re buying — be ready to move fast. If you’re selling — now’s the time to list while competition remains tight.
📍 Around Long Island:
Suffolk County Police are now using drones to respond to 911 calls, making it one of the most advanced drone-response programs in the country.
Read more → Suffolk County Police Use Drones to Respond to 911 Calls (WSHU)
🌎 National Real Estate Headlines:
Finally, a win for Zillow after some rough years — they’ve partnered with ChatGPT, allowing users to search live listings directly in the AI platform. This could change how people find homes across the U.S.
Read more → Your Listings Will Now Appear on ChatGPT, Thanks to Zillow (Inman)
📈 Key Takeaways for October 2025:
Sellers: You still hold the advantage
Buyers: Preparation, speed, and strategy are everything
Tech: Drones and AI are reshaping both local safety and national real estate
🎥 Watch More Episodes:
👉 August 2025 Market Update: Rate Drops Could Change Everything
🎧 Listen on Spotify:
👉 Long Island Real Estate with Sal Catalano Podcast
📞 Work with Me
I’m Sal Catalano, your Long Island Realtor and community expert. If you’re thinking about buying or selling, let’s talk about your goals.
📧 [email protected]
📱 631-849-8968
📲 Instagram & TikTok: @salcatalano_realestate
#LongIslandRealEstate #MarketUpdate #SoldBySal
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