Hamptons Housing Report 2013.

As for the Hamptons area, a chart shows that sales went down from 2012, but market was strong. "Some of the biggest fluctuations in housing prices and activity across the region were tax-change events,” said Miller Samuel CEO Jonathan Miller, in this case referring to a bump in the capital gains tax that took effect at the beginning of 2013, causing a massive, year-end sell-off of high-end property in the Hamptons.

Hamptons is a second-home market, and it really did better than most prime markets.It’s still a very good investment, and people know that. The price stability becomes evident, when comparing the fourth quarter of 2013 to the fourth quarter of 2011, when the median sale price was just 1.2% higher ($780,000 in 2011 and $770,500 in 2013 according to Jonathan Miller).