Even in a Down Market, Well-Priced Properties Sell Lightning Fast


Now, we don’t mean to brag (wait, actually that’s a lie), but in the past month or so since this blog was launched, we’ve featured a handful of properties for sale, and two have already clicked into contract. (Agents: we’d like the larger Edible Arrangements, please.)

First was this totally adorable little cottage in East Hampton’s Northwest Woods, which we posted about February 14.

Via Compass

It’s not surprising that it sold so quickly, given the eminently reasonable price ($765K) and all the benefits it offers: three bedrooms and two baths, lofted, exposed-beam ceilings in the living room, a tree-lined 0.46 of an acre, and a garage and walkout basement. Whoever purchased it got a good buy.

Via Elliman

This airy barn-style post-and-beam in Sag Harbor was featured on the blog February 20 and is now in contract, too. Not too surprising given how popular the village is these days, but this place is a standout.

Listed by Ryan Struble and Brendan Skislock of Douglas Elliman, the property’s asking price of $1.998 million seemed reasonable, given all the great features. It’s well-located, in the middle of the village and walking distance to bay beaches. There’s a reasonable third-of-an-acre property, which includes a pool, pool house and even a koi pond, and the home’s interiors have been recently renovated. Another nice touch is the private deck off the master suite overlooking the yard–perfect for morning coffee. Congrats to the new owners!