Monday, May 22, 2006

Top 2% of Market Still Selling ...

HREO.COM displays 493 listings over $5MM in all of the Hamptons (including some duplicates for co-exclusives and open listings).
There are:
30 listings at $20MM plus
100 listings at $10MM plus
363 listings between $5-10MM
673 listings between $3-5MM
2242 listings between $1-3MM and
1643 listings at $1MM or less

That's over 5000 homes for sale in a market that sells between 2400-2600 homes a year. md

RealEstateJournal | Top 2% of Market Still Selling As Overall Sales Volume Falls

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