The Real Deal New York

Hamptons Q2 residential sales report offers good and bad news

July 26, 2017 05:18PM

A mixed bag is the only way to describe home sales in the Hamptons this year. Second quarter sales numbers dipped in the greater Sag Harbor area, Shelter Island, East Hampton, and Montauk, according to a new report by residential brokerage Town & Country. But over in Bridgehampton, Amagansett, Hampton Bays, Westhampton, Southampton, and Sag Harbor village, increases were registered. Most of the sales hit one of three price points: between $2 million and $5 million, between $10 million and $20 million and anything priced below $500,000, the report found. Sales really lagged in the $5 million to $9.99 million range, dropping 30 percent year-over-year. [Curbed]