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Elliman Report: Hamptons Sales 4Q 2015

Price trends for the Hamptons, especially within the luxury market, were above year ago levels. Average sales price jumped 15.6% to $2,383,499 from the year ago quarter, setting a new record as super luxury sales returned to the market. Without the skew caused by more higher end sales, overall prices still moved higher. Median sales price increased 2.3% to $997,000 from the year ago quarter, the highest level reached since the financial crisis began and the third highest on record…

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