Second Quarter 2018 Market Report

Second Quarter 2018 Market Report

  • Michael Petersohn
  • 06/30/18

The total number of 2Q18 South Fork sales dipped 12.3% compared to 2Q17 (478 in 2018 vs. 545 in 2017), and the total dollar volume decreased 6.3% to $859,540,964.

The average sales price in the Hamptons continued to rise, up 6.9% to $2,187,008 while the median price increased 4.5% to $1,150,000.

There were 34 sales over $5M in the Hamptons in 2Q18, 9 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.