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[Sales Surged] 2Q 2013 Hamptons Sales Report
Posted By Jonathan Miller On July 26, 2013 @ 11:05 am In Douglas Elliman,Elliman Reports,Hamptons/North Fork | Comments Disabled
Douglas Elliman published the market report we prepared on the Hamptons sales market for 2Q 2013 .
This is part of an evolving market report series I’ve been writing for Douglas Elliman  since 1994.
Here’s an excerpt from the 2Q 2013 report:
…Like the prior quarter, there were fewer highend transactions, fallout from the year-end rush to close before the expiration of the “fiscal cliff” deadline for tax planning purposes. Although the number of sales at or above $5M fell by 13.2% to 33, the number of sales over $1M actually expanded by 4% to 44.7% over the same period reflecting a more active “trade-up” or upper middle market than last year. As a result of this skew, the overall average sales price fell by 1.6% to $1,696,879, yet the median sales price increased 8.2% to $920,000, the second highest median sales price in 5 years, second only to $937,500 reached in the second quarter two years ago…
The Elliman Report: 2Q 2013 Hamptons Sales [Miller Samuel ]
The Elliman Report: 2Q 2013 Hamptons Sales [Douglas Elliman ]
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 Image: http://www.millersamuel.com/files/2013/07/Hamptons_2Q_2013.jpg
 Hamptons sales market for 2Q 2013: http://www.elliman.com/reports-and-guides/reports/long-island-the-hamptons-and-north-fork/2q-2013-hamptons-sales/6-442
 Douglas Elliman: http://www.elliman.com/marketreports/
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 browsing in our chart library: http://www.millersamuel.com/charts-category/hnf-market-charts
 Miller Samuel: http://www.millersamuel.com/reports/elliman-report-hamptons-sales-2q-2013
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