How the Long Island Real Estate Market Has Shifted for Home Sellers in 2025

How has the Long Island real estate market changed for sellers in 2025?
In 2025, Long Island home sellers are facing a more balanced market. While prices remain historically strong, rising interest rates and increased inventory mean strategic pricing and presentation are more important than ever. Eric Berman REALTOR helps sellers navigate this new landscape with local data and proven expertise.

The 2025 Market in a Snapshot

After several years of intense seller-driven momentum, Long Island’s real estate market has cooled slightly, moving toward a more balanced dynamic between buyers and sellers.

Key trends in 2025:

  • Moderate price growth: Year-over-year median prices are up 2.3% in Nassau and 1.6% in Suffolk.

  • Higher interest rates: Mortgage rates hovering around 6.75%–7.25% have reduced some buyer urgency.

  • More listings: Inventory has grown by roughly 18% compared to early 2024.

  • Longer time on market: DOM has increased from an average of 21 days to 33 days across Long Island.

In short: homes are still selling—but they need to be priced and marketed properly.

What This Means for Sellers

Gone are the days of listing on Friday and accepting a dozen offers by Monday. Today’s market rewards sellers who:

  • Prepare their homes well

  • Price realistically based on local comps

  • Work with a knowledgeable, connected agent like Eric Berman REALTOR

That doesn’t mean you’ve missed your window. Homes that check the right boxes are still going into contract within 2–3 weeks—sometimes faster in desirable school districts or walkable locations.

Pricing: The Biggest Shift

In 2025, buyers have more leverage than they did in the ultra-competitive 2021–2022 market. That means:

  • Overpricing leads to sitting: Even well-located homes struggle if priced above market.

  • Strategic pricing works: Homes priced in line with recent local comps are attracting showings and offers quickly.

  • Multiple offers still happen—but only when the home presents well and is priced right.

Eric Berman provides sellers with detailed CMAs and pricing advice that reflects the realities of today’s Long Island buyer behavior.

Condition and Presentation Now Matter More

Buyers are more cautious due to interest rates and affordability constraints. As a result, they’re gravitating toward:

  • Move-in ready homes

  • Properties with updated kitchens and baths

  • Homes with flexible closing timelines

If your home needs work, pricing and expectations need to reflect that—or you may need to invest in small updates to stay competitive.

Eric helps sellers assess their home’s value as-is versus after minor improvements, and offers Compass Concierge options for no-upfront-cost upgrades.

Market Opportunities in 2025

Despite the shift, Long Island remains one of the most resilient suburban markets in the country.

Sellers still have advantages:

  • Inventory is up, but still below pre-pandemic norms.

  • New construction remains limited in many areas.

  • Demand is steady from NYC buyers, especially those relocating for schools, space, or lifestyle.

  • Remote and hybrid work continue to support suburban demand.

How Eric Berman REALTOR Helps Sellers in 2025

Navigating today’s market requires more than listing on the MLS. Eric Berman brings:

  • Local data insights: Weekly tracking of pricing trends, DOM, and inventory shifts

  • Targeted marketing: Including social media, Compass Private Exclusives, and digital ad strategies

  • Staging and prep guidance: What to do (and not do) to stand out to modern buyers

  • Negotiation expertise: Managing offer timelines, post-inspection credits, and appraisal issues

Whether you’re upsizing, downsizing, or relocating, Eric’s process-driven approach ensures a smoother, more profitable sale.

Final Thoughts

The Long Island real estate market in 2025 is still strong—but it’s not a free-for-all. Strategic preparation, realistic pricing, and expert representation are the key ingredients for success.

Want to talk about how these market shifts affect your specific situation?

Reach out to Eric Berman REALTOR today for a no-pressure consultation and personalized strategy.

Meta Description:
Selling a home on Long Island in 2025? Eric Berman REALTOR breaks down market shifts, pricing trends, and what sellers need to know to succeed now.