The number of sales still trended down across the East End in the first quarter of 2023.
Sales activity in the Hamptons continued to decline versus last year’s highs.
After two years of a pandemic-induced housing frenzy, sales trends on the East End are starting to normalize.
The Hamptons market remains incredibly active, even with inventory continuing to decline year-over-year and overall prices still on the rise.
After a record-breaking two years, the market started to cool in 1Q 2022—but rest assured, there is no shortage of active East End buyers.
Even with inventory hitting record lows, the East End market is a hot spot for buyers who remain committed to securing their piece of it.
The East End maintained its strong momentum through 3Q: Sales volume jumped 71% YoY in the Hamptons and 12% on the North Fork.
At these Hamptons luxury properties, tennis courts are truly a match made in heaven.
The East End roared into the second quarter: Compared with 2020, closed sales jumped 91 percent in the Hamptons and 95 percent on the North Fork.