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activity

Started by rodickno
about 16 years ago
Posts: 9
Member since: Jun 2008
Discussion about
seems it has picked up. several houses that i watched sold. all abut 15-20% below the ask. the "sellers" who really want to sell are finding bids. i cuff it at 2004 prices. unreasonably priced home just sits, but i don't think the seller really cares. prices ain't going anywhere, but activity is a decent sign.
Response by streetsmart2499
about 16 years ago
Posts: 22
Member since: Oct 2009

from today's CURBED.COM SITE

"It's that time: midyear market reports are due! And with sale prices up 10% and units sold up 113%, some might say 2010 has thus far been a winning year for the East End. Most of the staple neighborhoods, like East Hampton, Bridgehampton, Sagaponack, Quogue, and Southampton, lead the way with 20-50% increases in average sale prices. Meanwhile, other prime areas (Amagansett, Montauk, and Water Mill) saw decreases in their average sale prices%u2014even as sales volume increased. Similarly, the North Fork "saw improved activity, though not as dramatic as in the Hamptons."

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