Real Estate

"We had a very strong third quarter on the East End this year," explained Ernest Cervi.

"Hamptons buyers are showing more interest in smaller, more manageable homes," noted Carl Benincasa.

The 10 bedroom estate with 8,500 Sq. Ft was sold for $7,017,500.

Unit Sales of single family residences increased in the towns of Southampton, Southold, and East Hampton.

"We are both honored and privileged to be able to represent such a significant piece of American history," shared Carol Nobbs and Eileen O'Neill.

Two East Hampton properties sold for over $2.5 million, respectively, and a cluster of lots goes for over $8 million.

"Overall, the 3rd quarter 2017 was a solid uptick from the same time period last year," shared Judi A. Desiderio.

Located near Grey Gardens, 64 West End Avenue in East Hampton was the most expensive transfer.

"It's a fantastic village location and an easy stroll to town or bike to the beach," noted Aaron Curti of Douglas Elliman.

While no one can predict the future, market strategists and analysts are suggesting that we could see some additional market volatility in the months ahead.