Hamptons market report: prices went up, sales went down

April 26, 2017 04:10PM

The Hamptons’ sales volume in the first quarter of 2017 was down more than 27 percent compared to the same period last year, according to Town & Country data. The number of sales also decreased by 22 percent, with just 269 homes sold. Prices, though, remained on an upward trajectory. The median sale price was just over $1.1 million this quarter — a 13 percent increase compared to the first quarter of 2016. Let’s hope the dry spell doesn’t last. [Curbed]