In the Town of Palm Beach sales were up 40% for single-family homes and 37% for condos and co-ops.
Despite pockets of robust activity, particularly among value-seekers, buyers in Brooklyn remained cautious during the third quarter.
Welcome to the Second Quarter 2018 Corcoran Report, our quarterly comparison of the East End’s residential real estate market. This report uses market-wide data from the Long Island Real Estate Report and is based upon transactions reported from April through June 2018.
The trend of townhouses undergoing extensive renovations as either a value-add investment, rental income property or even a quick flip continued, but at a slower pace in 2017.