3Q2025 MARKET REVIEW
The Hamptons market tilted toward the very high end in the third quarter, with five reported closings over $20 million. This helped push the overall average and median prices up sharply compared to a year ago. At $3.93 million, the average price was 41% higher than 2024’s third quarter, while the median price jumped 35% to a record $2.3 million.
The higher prices helped bring the dollar volume of transactions up 34% compared to a year ago even though closings were down 5%. The decline in sales was isolated to properties priced under $2 million, which saw 28% fewer closings than the third quarter of 2024.
On the North Fork, the average sale price was 4% lower than a year ago at $1.25 million. The number of sales dipped 1% to 98, and the total dollar volume of transactions was slightly lower at $122.5 million.
