Long Island’s median home closing price was $360,200 last month, a 6.4 percent drop from $385,000 a year ago, according to the Multiple Listing Service of Long Island.

But it’s the smallest year-ago drop since the September meltdown last year led to double-digit tumbles. The slower pace of price declines buttresses on-the-ground views that the housing market is starting to reach an even keel.

October’s closing price was a 1.3 percent dip from September’s $365,000 figure, according to numbers from the group, which also covers Queens.

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