Hamptons Luxury Sales Surge 85.5%, Median Price Hits $2m
Key Takeaways Luxury real estate sales in the Hamptons increased by 85.5% in the first quarter of 2025, with the median sale price reaching an unprecedented $2,040,000. The surge in demand, primarily driven by profits from Wall Street, is contributing to inventory constraints despite a 9.7% increase in availability. The current market conditions present both challenges and opportunities for investors as wealthy buyers continue to transform the landscape. A Historic Surge in Hamptons Real Estate The Hamptons real estate market surged dramatically in Q1 2025, with luxury sales rocketing by 85.5% year-over-year. The median sale price hit a groundbreaking $2,040,000, marking a first in the region's history. This seismic shift underscores the relentless demand from affluent buyers, fueled by Wall Street profits. Inventory remains tight despite a 9.7% increase, highlighting heightened competition and supply constraints. Continued interest from wealthy buyers signifies further market tran...