Real Estate News

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Pulse Points

authorCarey London on Feb 3, 2016

$125—Average cost per square foot to rent retail space in East Hampton Village—the most expensive village on the East End when it comes to commercial leases. Southampton Village comes in second, with an average cost of $90 per square foot.

$2.5 million—Rental price for summer 2016 season for one house, on Meadow Lane in Southampton—the most expensive ever asked on the East End.

64.1—Percentage of South Fork land sales in 2015 in which at least one party—the buyer or seller—used an LLC.

4—Number of South Fork homes sold for more than $30 million in 2015.

994—Number of South Fork homes sold for $1 million or more.

1,005—Number of South Fork homes sold for less than $1 million.

$2.065 million—Median price for a South Fork home sold for $1 million or more.

$610,000—Median price for a South Fork home sold for less than $1 million.

87.27—Number of acres Southampton Town preserved as open space in 2015.

86—Number of acres East Hampton Town preserved as open space in 2015.

$100.29 million—Peconic Bay Region Community Preservation Fund total tally for 2015—second only to 2014, when the CPF collected a record-high $107.69 million.

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