First Quarter 2018 Market Report

First Quarter 2018 Market Report

  • Michael Petersohn
  • 03/30/18

The total number of 1Q18 South Fork sales climbed +23.4% compared to 1Q17 (332 in 2018 vs. 269 in 2017), and the total dollar volume rose +32.2% to $673,530,318.

The average sales price in the Hamptons rose +7.1% to $2,028,706 while the median price dropped 2.1% to $1,102,200.

There were 28 sales over $5M in the Hamptons in 1Q18,  6 of which were above $10M.


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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.