Hamptons Q4 2017 Market Report
The Hamptons’ real estate market showed significant strength in the fourth quarter of 2017. Overall, total sales volume increased 20% vs. 2016, driven by a 23% gain in the number of sales, which was slightly offset by a modest 3% decline in average prices.
The Hamptons’ real estate market showed significant strength in the fourth quarter of 2017. Overall, total sales volume increased 20% vs. 2016, driven by a 23% gain in the number of sales, which was slightly offset by a modest 3% decline in average prices. Standouts include Bridgehampton and East Hampton, with 58% and 50% increases in sales volume (respectively). Southampton was the only market with sales volume decline of 6%. 2018 appears to be starting off with a surprising amount of activity, hopefully paving the way for a strong year