Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Mid-Range Homes Dominate East End Sales | Real Estate News
Forget the mega-mansions—this quarter’s hottest real estate action is happening in the mid-range, where homes priced between one and five million dollars are flying off the market. In the Hamptons, nearly 70% of sales fell in that sweet spot, while ultra-luxury deals saw a slight dip. On the North Fork, over one million dollar sales hit a record, with the one to two million bracket leading the charge. Prices are climbing thanks to bigger homes and shrinking inventory—down 10% in the Hamptons, still tight on the North Fork. Even with fewer total sales, demand’s strongest where it’s most…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.