First Quarter 2019 Market Report

First Quarter 2019 Market Report

  • Michael Petersohn
  • 03/30/19

The First Quarter of 2019 experienced declines in sales across all price ranges, with the exception of the $500,000 - $1M category, where there was a slight rise (from 98 in 1Q18 to 101 in 1Q19).

The total number of 1Q19 South Fork sales slipped 16.9% compared to 1Q18 (276 in 2019 vs. 332 in 2018), and the total dollar volume dropped 19.5% to $542,416,446.

The 1Q average sales price in the Hamptons dipped 3.1% to $1,965,277 while the median price increased 7.7% to $1,187,500.


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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.