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The Hovey | Ritchey Team

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    • The Hovey | Ritchey Team
    • Kim Hovey
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2017-Q4-MARKET-REPORT-Email-Header (1).gif

Hamptons Q4 2017 Market Report

February 16, 2018 in The Hamptons, 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. 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

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Tags: Hamptons, Market Report
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