Sales were mostly crummy in Q3: report

East End real estate did not have a stellar third quarter. The median sales prices in both Southampton and East Hampton fell year-over-year, the latter posting a nearly 30 percent drop from $1.2 million to $870,000. Southampton prices dipped 13.5 percent, from $880,000 to $761,056. Sales volume was pretty mixed across the Hamptons. In Southampton Town and East Hampton Town, the overall number of sales tumbled by more than 38 percent and 30 percent, respectively. But East Hampton Village and Westhampton Beach saw upticks in sales volume — 12.5 percent and just over 7 percent. The top sale of the quarter was a Water Mill house that real estate investor Andrew Borrok sold for $22 million. [27East]

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