Fewer sales at the higher end of the market had the effect of driving overall South Fork average prices downward in most areas.
Year-over-year in Palm Beach, 3rd Qtr. 2019 single-family average sales price increased by 100% to $14.5M.
In Brooklyn, new development closings jumped 13 percent over 2018, but , resale condo and co-op sales fell in those markets.
The low end of the townhouse market faced steeper sale declines compared to the high end, and while most regions had slower activity.