Thursday, 25 October 2018

Aspirational prices abound in the Hamptons while high-end inventory hits 7-year high

The Hamptons market is grappling with uncertainty. Prices are up — but homes aren’t selling, according to Douglas Elliman’s latest market report. The median sales price in the third quarter climbed 8.4 percent year over year to $965,000. At the same time, the number of sales dipped 13.3 percent. “There’s a lot of aspirational pricing remaining in the Hamptons, and we’re not seeing the same level in other high-end markets,” said Jonathan Miller, CEO of […]



source https://therealdeal.com/2018/10/25/aspirational-prices-abound-in-the-hamptons-while-high-end-inventory-hits-7-year-high/

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