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June 2009 Newsletter -Correction
Greetings!
 
It was brought to my attention that I had misinterpreted figures for the dollar volume and number of sales on the East End of Long Island as reported in my June newsletter. 
 
The correct percentage declines are not as great as I had reported, though still sobering, nonetheless. The corrections are highlighted in red below.
 
Warmest regards,
 
Donna M. Dazzo, President
Designed to Appeal
 
 
 
Market Overview: The East End
 
 
 
 
All three major towns on the East End suffered similar percentage declines in the number and dollar value of sales year-to-date through 4/30/09 (on an annualized basis compared to last year), however Southold town suffered much less of a percentage reduction in the median sales price than the other two towns.
 
 According to Suffolk Research Service, in...
  • East Hampton Town:

         - The median sales price was $825,000 down 16.7%

         - The number and dollar value of sales was down 49% and 44%, respectively
  • Southampton Town:

         - The median sales price was $670,000 down 16.2%

         - The number and dollar value of sales was down 49% and 57%, respectively
  • Southold Town:

         - The median sales price was $475,000 down 5%

         - The number and dollar value of sales was down 46% and 54%, respectively
In This Issue
Market Overview: The East End
Quick Links
 
 
 
 
 me
For More Info During the Month...
 
Free Vacant Staging Estimate 
For Manhattan and the Hamptons from Montauk to Southampton:  Designed to Appeal will go to the property and provide you with a quote for staging services and a very good estimate for furniture rental.  You will receive a professionally prepared proposal.
For Other Areas:  An estimate for staging services and furniture rental will be given over the phone.