Fourth Quarter 2018 Market Report

Fourth Quarter 2018 Market Report

  • Michael Petersohn
  • 12/30/18

After sluggish sales in the 2nd and 3rd quarters, 4Q18 experienced significant increases in the number of sales across the East End.

The total number of 4Q18 South Fork sales rose 12.1% compared to 4Q17 (445 in 2018 vs. 397 in 2017), and the total dollar volume increased 14.5% to $893,827,545.

The 4Q average sales price in the Hamptons inched up 2.2% to $2,008,601 while the median price increased 1.2% to $1,055,000.


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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.