Hamptons home sales more than double in first half

Home sales in the Hamptons, the beachside resort towns favored by celebrities and Wall Street financiers, more than doubled in the first half of 2010 from a year earlier, according to property broker Corcoran Group. Sales in 15 New York villages and hamlets that make up the Hamptons rose to 923 homes from 433, Corcoran said in a report today. The dollar volume of all transactions more than doubled to $1.5bn, while the median price of homes sold climbed 34% to $935,000.

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3d rendering of a row of luxury townhouses along a street

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