In contrast to housing markets within New York
City, the number of Hamptons sales jumped
from prior year levels. There were 701 sales,
up 31.3% from 534 in the prior year quarter.
There have been 15.9% more sales in the first
three quarters of 2014 than the same period
last year. The market share of sales below $1
million fell 2.1% to 62.1% from the prior year
period. Market share of sales above $5 million
expanded 1.3% to 5.6%. There were 39 sales
above $5 million, 69.6% more than the same
period last year. Like most of the region, listing
inventory has been rising, but was outpaced by
the increase in sales activity…