October 2025 Long Island Real Estate Market Update | Sellers Still Control + Huge National News скачать в хорошем качестве

October 2025 Long Island Real Estate Market Update | Sellers Still Control + Huge National News

October might bring cooler weather to Long Island… but the real estate market is still running hot. In this month’s episode of Long Island Real Estate with Sal Catalano, we break down the October 2025 housing data for both Suffolk and Nassau County, and once again, sellers still hold control. But there’s more happening beneath the surface. Buyer activity is quietly climbing, mortgage rates continue to ease, Toys “R” Us is officially BACK on Long Island, and two major national headlines could reshape the future of home buying across the U.S. 👇 Here’s everything covered in this episode: 🏡 Suffolk County Market Update – October 2025 ✔️ Median Sold Price: $690,000 (+2.8% MoM, +7% YoY) ✔️ Months of Inventory: 3.08 (down 18% YoY) ✔️ Median Days on Market: 35 ✔️ Sold-to-List Ratio: 101.2% (still selling ABOVE asking) Suffolk remains tight, competitive, and firmly a seller’s market. Buyers: the fall slowdown didn’t happen. Sellers: you still control the pace. 🏠 Nassau County Market Update – October 2025 ✔️ Median Sold Price: $840,000 (+0.8% MoM) ✔️ Months of Inventory: 2.84 ✔️ Median Days on Market: 35 ✔️ Sold-to-List Ratio: 100.3% Nassau is steady, strong, and still competitive under $1M. Homes in great districts? Still moving fast. 🎤 Sal’s Take October delivered stability, but not stagnation. The market has found its rhythm, and if rates continue their downward trend, early 2026 could be unusually active. Buyers: get prepped now. Sellers: don’t assume spring is your only window. 🎄 Around Long Island: TOYS “R” US RETURNS! Yep — all of us Toys ‘R’ Us kids who “didn’t wanna grow up” just got blessed. A brand-new Toys “R” Us has opened inside Tanger Outlets, Deer Park just in time for the holidays. Soon, a whole new generation of Long Island kids will have a million toys they can play with — from trikes to trains to video games. It’s nostalgic, it’s fun, and it’s great for local business during the holiday season. 🌎 National Real Estate Headlines Two major stories this month: 1️⃣ Median age of first-time homebuyers hits a record high Young Americans are buying later than ever — weighed down by prices, savings, and limited supply. Source: https://nypost.com/2025/11/05/real-es... 2️⃣ The proposed 50-year mortgage A new idea gaining attention: stretching mortgages to 50 years. ⭐ Pros: • Lower monthly payments • Could help first-time buyers qualify • More accessible path into homeownership ⚠️ Cons: • Significantly more interest paid over time • Not ideal for every financial situation It’s not the answer — but it might become another tool in the toolkit for future buyers. 👉 What do YOU think? Help or harm? Drop a comment — I’d love to hear your take. 📞 Work With Me — Long Island Realtor If you’re thinking about buying or selling anywhere in Suffolk or Nassau County, I’d love to help you navigate the market. 📧 scatalano@signaturepremier.com 📱 631-849-8968 📸 Instagram & TikTok: @salcatalano_realestate