The Hamptons residential real estate market entered the second quarter of 2026 with continued pricing strength despite a notable slowdown in transaction volume. A total of 378 properties sold during the 2nd quarter, representing a 21.1% decline from the same period last year. The primary factor behind the decrease was a persistent shortage of inventory, particularly for homes priced below $3 million, which limited opportunities for buyers rather than signaling weaker demand. As a result, overall dollar volume fell 11.9% to approximately $1.45 billion, reflecting fewer closings rather than declining property values.
While sales activity softened, home prices continued to appreciate across nearly every segment of the market. The average sale price increased 11.7% year-over-year to $3.84 million, while the median sale price climbed an even stronger 31.9% to $2.5 million. Luxury properties remained an important driver of the market, with healthy activity above $3 million helping offset significant declines in lower-priced transactions.
Overall, the East End market continues to be characterized by limited inventory, resilient buyer demand, and sustained price appreciation, particularly in the luxury segment, underscoring the ongoing strength of the region’s
residential real estate market despite a more constrained sales environment. See link below for full report
