This statement was made by t&c, regarding the Hamptons, North Fork & Shelter Island back in December.
The well respected case-shiller price index, which measures home sale prices in 20 major metropolitan areas rose 13.4%.
The federal housing finance agency wrote that prices had gone up nationally 7.7%, which was also an 8 year high.
Town & country’s year-end Hamptons home sales report confirmed the number of home sales rose 26% year to year
and the total home sales volume an impressive 21.88% increase 2012-2013.
The median home sale price remained unchanged at $895,000.
Home sales over $10million shot up 24% from 33 to 41.
2013 was the best year for east end real estate since 2005!
If the first 2 months activity is any indication of home sales activity for 2014
we should pierce our 2013 levels with ease.
All 8 town & country offices are posting record activity levels.