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First Quarter 2021 Residential Market Report

First Quarter 2021 Residential Market Report
 
The Hamptons real estate market in the First Quarter of 2021 continued to be one of high demand amid a dwindling inventory of available homes for sale. The result was another quarter of year-to-year record increases in the number of sales, average price and total dollar volume.
 
Rising by 24.7%, sales of single-family homes in the Hamptons achieved a First Quarter record high of 601 in 1Q21.
 
The Total Dollar Volume for 1Q21 soared 125% as compared to 1Q20, with a total of $1.65 Billion, up from $734 Million in the First Quarter of 2020.
 

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