Hamptons Home Sales Continue to Slide - News Summed Up

Hamptons Home Sales Continue to Slide


Where The Wealthiest Women Celebrities Go On VacationYou don’t have to tell homeowners in the Hamptons that America’s latest housing boom is over. The median price was down 6.4%, to $5.85m, the report said. Softening sales hit every town and village in the Hamptons, according to Corcoran Group. The number of fourth quarter sales dipped 57% in Bridgehampton and Sagaponack compared to the same 2015 period while the median price in those towns dropped 34% to $2.11m, Corcoran says. In East Hampton and Wainscott the median price of a home fell 15% to $850,000 while the total number of sales in those towns dipped 15%, Corcoran data show.


Source: Forbes January 26, 2017 14:02 UTC



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