Housing market conditions in the Hamptons fell
short of the torrid pace set over the previous
year. Housing prices were mixed, while the
number of sales declined and listing inventory
edged higher. Median sales price declined
6.5% to $849,000, while average sales price
rose 2.5% to $1,577,944 respectively from the
prior year quarter. Year-to-date, the median
sales price has been essentially unchanged
from the prior year quarter, slipping a nominal
0.4% to $866,500…