The median sold price in the Hamptons increased 12% from $1,962,500 in the first quarter of 2021 to $2,200,000 in the first quarter of 2022 and there have never been so few homes for sale. 
The number of listings available for sale declined by 8% between March 1 and April 1, 2022 and the continued reduction in real estate supply appears to be the greatest factor for the decline in contract activity for March 2022 compared to March 2021....
Hamptons real estate has been in a strong sellers market for two years now and despite national news that inventory began to catch up to demand in Q4 2021, the same is not true in the Hamptons.
In 2021, though COVID waves came and went, buyers were more clear and patient regarding their real estate goals, while the majority of Hamptons property owners clung to their homes for dear life.
As 2021 comes to a close, Hamptons real estate activity remains busy, with the number of contracts signed overall outpacing the number of new listings coming on the market on a weekly basis, a trend that has been typical through much of 2021...
The market is quickly returning to normal market activity levels. Today’s buyers will wait for the right property to list for sale. However, inventory supply remains historically low and...
New listings, contracts signed and sold listings declined from June to July 2021 and listing supply decreased slightly by 0.7% going into August 2021.
Though the two were quarantined away from each other for a year, the relationship between New York and Southern Florida is thriving.
New listings that came on the market increased slightly in May compared to April and have been on an upward trend since the beginning of the year.
As the 2020 season drew to a close, Hamptons’ buyers, sellers and agents were all eager to learn where the market would head in 2021.