East Hampton, East Hampton Village, Montauk and Remsenburg/Westhampton noted more reported sales this quarter compared to First Quarter 2018.
Last year, buyers came into the 1st Qtr. market at a higher level than usual following the news of impending tax reforms. This quarter, buyer motivation was less urgent.
Manhattan set a new record in First Quarter 2019 with the closing of the highest priced home ever sold in the United States: nearly $240M