Posted on January 26th, 2012
Just Released. Hamptons & North Fork Overview 4Q 2011
The Hamptons and North Fork housing markets continued to exceed expectations as sales rose above last year’s levels. Listing inventory fell sharply, as some sellers delayed listing their properties after the conflicting economic news during the fall housing season. We continued to see strength at the upper end of the market with the fourth highest number of sales above $5 million since the 2008 credit crunch. Over the last decade, the Hamptons & North Fork luxury markets have thrived, with prices rising to 2.5 times their 2002 levels. Despite the remaining economic challenges, including reduced Wall Street compensation and tighter credit, the East End market continued to outperform most housing markets in the region. We look forward to an active spring housing market.Click here for a full report.
Marilynn K. Yee / The New York Times
















































