HAMPTONS Q1 2025 MARKET REPORT
HAMPTONS 1Q/2025 MARKET REVIEW
The Hamptons market experienced a 33% rise in the number of closings in the first quarter compared
to a year ago. Prices were also higher, as the average single-family home price of $3,401,640 was 5%
higher than a year ago.
With increases in both the number of sales and average price in the Hamptons, it’s not surprising the
total dollar volume of transactions was 39% higher than 2024’s first quarter. Demand for Hamptons
homes in 1Q25 was helped by the performance of Wall Street, as the S&P 500 index rose 23% in 2024.
The exceptional performance of stocks led Wall Street firms to pay a record $47.5 billion in bonuses
for 2024.
While the North Fork didn’t see similar increases in prices and sales, pricing didn’t change much from
a year ago. At $1,165,158, the average price in the first quarter of 2025 was virtually unchanged from a
year ago, while closings dipped 3%.
It’s too early to tell how the current trade war will impact demand for housing in the Hamptons and
North Fork. It’s never a good thing when markets are too volatile, but it can offer an opportunity for
buyers to negotiate more with sellers.
Stay up to date on the latest real estate trends.
Hamptons Market Report
NOVEMBER IN THE HAMPTONS
Hamptons Q224
David is relationship-driven with all his customers and business contacts and understands that being honest every step of the way is the only way to conduct business. As a result, his reputation in the industry is simply stellar. David is always energized at the idea of selling his clients’ homes with Brown Harris Stevens’ award-winning marketing and technology.