While median home prices on the South Fork took a dive in the fourth quarter, the number of homes sold from October through December more than made up for it with a total sales volume of $501.3 million, topping the fourth-quarter record set in 2010 by 4.6 percent, according to a Real Deal analysis of Town and Country Real Estate's market report.
The Real Deal reports that the number of sales in the $2 million to $3.5 million range plummeted 43 percent.
Most areas saw sales volume increase, but Montauk and the Southampton area both saw volume slide greater than 20 percent, according to the report.
East Hampton Village remained the priciest neighborhood in the Hamptons despite a 32 percent median sales price decrease.
