Hamptons Market Starts Summer Strong with 15% Rise in Q2 Home Sales
Hamptons Market Starts Summer Strong with 15% Rise in Q2 Home Sales
Embedded Files
July 11, 2025 | New York City
The Hamptons residential market saw a strong start to summer 2025, with home sales rising 15% in the second quarter compared to the same period last year. Over 420 transactions were recorded across the East End, maintaining a median sale price just under $1.9 million, according to William Raveis' quarterly report. The uptick came after a record-breaking first quarter and just as vacation season kicked off.
Luxury transactions helped drive the momentum. Eight homes sold for $20 million or more, up from six in Q2 2024. Deals between $5 million and $10 million also saw a 31% annual increase, jumping from 35 to 46. Notable sales included a $5.2 million Bridgehampton compound sold by Bethenny Frankel and a $4 million waterfront home in Southampton purchased by Michael Bloomberg for his daughter.
The lower end of the market also gained traction. Sales between $1 million and $2 million rose 23%, with 142 properties trading hands in that range. While summer rentals typically slow down showing activity in July and August, agents expect more listings to surface in September.
Pending sales suggest the strong activity may continue. Between June 2 and June 29, buyers inked contracts for 57 properties asking $2 million or more. High-profile listings like the $14.5 million development site at 90 Silver Lane and a nearly $13 million Victorian mansion in Sag Harbor reflect ongoing demand across all tiers of the Hamptons market.
Page updated
Google Sites
Report abuse