Market Update

The Hamptons

Q3 2024

Featured property: 90 & 100 Briar Patch Lane, East Hampton

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BROWSE COMMUNITIES

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024

MEDIAN SALES PRICE

6% higher than in

Q3 2023

AVERAGE SALES PRICE

14% higher than in

Q3 2023

CLOSED SALES

21% lower than

Q3 2023

MEDIAN SALES PRICE

no change from

Q1 2022

AVERAGE SALES PRICE

2% more than in

Q1 2022

CLOSED SALES

32% less than in

Q1 2022

Sale Prices vs. Closed Sales

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Closed Sales by Town

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Sales Price Trend by Town

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Closed Sales by Price Point

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Communities

Amagansett/Montauk

CLOSED SALES MED. PRICE AVG. PRICE

33 $2.8M $3.8M

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East Hampton

CLOSED SALES MED. PRICE AVG. PRICE

94 $2.2M $2.8M

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Bridgehampton

CLOSED SALES MED. PRICE AVG. PRICE

26 $6.1M $7.5M

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Sag Harbor

CLOSED SALES MED. PRICE AVG. PRICE

57 $2.7M $4.8M

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Southampton

CLOSED SALES MED. PRICE AVG. PRICE

96 $2.1M $2.9M

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Westhampton

CLOSED SALE S MED. PRICE AVG. PRICE

145 $1.3M $2.0M

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All data in this report is derived from the Long Island Real Estate Reports. Since all final closed data for the current quarter had not been reported at the time this report was compiled, the available closed data was extrapolated in an attempt to approximate full results for the current quarter. Actual results may materially vary from the approximated results. The areas reported on in this report include Amagansett, Bridgehampton, East Hampton, Montauk, Sag Harbor, Sagaponack, Southampton, Wainscott, and Water Mill.

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