2018 Annual Market Report

2018 Annual Market Report

  • Michael Petersohn
  • 12/31/18

A strong fourth quarter in 2018 helped counterbalance weaker second and third quarter sales, with total transactions and dollar volume nearly unchanged compared to 2017.

The total number of 2018 South Fork sales dipped slightly, -3.3% compared to 2017 (2,079 in 2018 vs. 2,150 in 2017), and the total dollar volume inched up 0.8% to $3,955,402,294.

The 2018 average sales price in the Hamptons rose 4.3% to $1,902,550 while the median price increased 0.7% to $995,000.


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Over 30 years of experience actively managing & owning residential properties. He has an excellent reputation for honesty & integrity, the talent for being a persuasive negotiator, & the keen ability to effectively match buyer and seller.