Overall, supply on the South Fork declined 1.8% from January to February 2021. The absorption rate and odds of selling also declined overall. Given contract activity continues at pace with all time highs, these declines indicate a continued decline in desirable listing inventory.

A 15,000-square-foot residence at 172 Cedar Street in East Hampton, plus an adjacent parcel is being offered at $12.5 million, or purchase a total of 10 single and separate parcels, spanning 21-plus acres, for $22.75 million.

If the conviction is upheld, Nicolas Sarkozy can request to serve the rest of his sentence under house confinement. While we are sure his home is, shall we say, c’est magnifique, we wonder how it compares to his half-brother’s home right here in the Hamptons.

Paul Jones III, a well-known member of the South Fork community who worked as a real estate agent with The Corcoran Group, was just 40.

The home, listed with Alexis Meadows at NOFO Real Estate, is perfect for a boater as the waters live up to their name in Deep Hole Creek.

From Pulitzer-Prize winner John Steinbeck’s former Sag Harbor home being listed for nearly $18 million to a new organizational business in the Hamptons, read the top stories of the week.

Another newly-built home in Bridgehampton also recently went into contract, this one at 114 Rose Way. The 15,500-square-foot house, situated on 1.56 acres with ocean and pond views, was asking $19.5 million.

The property at 150 First Neck Lane, in the heart of the estate section, sold on Friday, February 21. Listed with Douglas Elliman’s Michaela Keszler, the last asking was $11.95 million.

This weekend, have a look at what is available on the South Fork real estate market, starting with a waterfront home in Westhampton, asking $3.25 million.