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Elliman Report: Hamptons Sales 2Q 2015

Housing market conditions in the Hamptons fell short of the torrid pace set over the previous year. Housing prices were mixed, while the number of sales declined and listing inventory edged higher. Median sales price declined 6.5% to $849,000, while average sales price rose 2.5% to $1,577,944 respectively from the prior year quarter. Year-to-date, the median sales price has been essentially unchanged from the prior year quarter, slipping a nominal 0.4% to $866,500…

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