Third Quarter 2019 Market Report

Third Quarter 2019 Market Report

  • Michael Petersohn
  • 09/30/19

Recovering from more significant declines in the first two quarters of 2019, the Hamptons experienced a more modest drop in sales in the Third Quarter as compared to the same period in 2018.

The total number of 3Q19 South Fork sales declined 2.6% compared to 3Q18 (296 in 2019 vs. 304 in 2018), and the total dollar volume dropped 10.3% to $483,095,362.

The 3Q average sales price in the Hamptons slipped 7.9% to $1,632,079 while the median price declined 6.8% to $1,004,500.


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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.