fbpx

The North Fork real estate market is expected to be very busy this summer. The $500,000 and under range is the most active segment, while Greenport continues to be in strong demand. Inventory remains tight, causing prices to rise. With more buyers than sellers, properties priced well are going fast, often with multiple bids. As sales on the North Fork continue to be brisk, a strong finish to the year is predicted.

 

As the 2017 summer season kicks off, another busy year is expected for Hamptons real estate both in rentals and sales. Rentals are trending towards monthly rather than full season, while sales are already better than last year. Amagansett, Sag Harbor, Water Mill, and Bridgehampton are hot. Waterfront is in very high demand, while new construction is active. In select areas of the market, prices are rising slightly, while inventory is decreasing. Predictions are for a good year in Hamptons real estate.