The Hamptons Market Reports for 1Q19

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The last quarter results from the four agencies who compile data are all in, and the broad results are as follows. Each report tends to focus on slightly different parts of the market, so results tend to be slightly different from one another. Douglas Elliman Prices are down sharply. Median sales price in the first…
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Spotlight On: Amagansett

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Welcome to our new series where we take a look at one of the East End’s neighborhoods. We’ll discover what makes it so special to live in and what the housing stock is like. What is it about Amagansett? “It is not East Hampton and it is not Montauk–it has a totally unique vibe,” says…
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Cutchogue’s Bedell Cellars Is Yours for $17.9 Million

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Always wanted to own your own winery? Bedell Cellars, which has just been listed by Gary DePersia at Corcoran, offers a perfect turnkey opportunity. The winery boasts 75 acres of planted vines offering 10 different varieties of grapes. In all, there’s 95 acres of land in 3 separate locations, which include 5 different parcels of land. And…
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As the Daffodils Come Up, the Prices Go Down

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Ah, spring in the Hamptons. The crocus are blooming, the daffodils are coming up, the song sparrow warbles its heart out, and–what’s that? Why, it’s the sound of asking prices being slashed. One property that’s endured its fair share of price cuts over the years is beautiful Normandy House, right on Lake Agawam. It’s a grand…
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