As we transition into the second quarter of the year, the Hampton’s real estate market is buzzing with anticipation. Much of the focus is on the Federal Reserve and potential tariff deals that could significantly influence economic conditions and, subsequently, the housing market. The decisions made by the Fed regarding interest rates can impact mortgage rates, which play a crucial role in homebuyers' purchasing power and overall market dynamics.
In the Hamptons, an area known for its luxury real estate, there has been a notable shift. The inventory of homes available for sale has increased considerably compared to the last five years, creating a more favorable environment for buyers. This surge in inventory has transformed the Hamptons into a buyers' market, providing buyers with more options and potentially better negotiating power.
With the combination of economic factors and a changing landscape in high-demand areas like the Hamptons, it's essential for buyers and sellers alike to stay informed and adapt to the evolving real estate environment as we move deeper into 2025. Understanding these trends can lead to more strategic decisions, whether you are looking to buy, sell, or invest in real estate.
Over the past week there were 15 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2024), there were 18 Listings that went into contract.
Which is a year over year DECREASE of 17%.
This same week in 2023, there were 19 Listings that went into contract.
Compared to this past week, it’s a DECREASE of 21%.
The breakdown of these 15 Transactions are:
3 Between $5 and $10 Million
1 Between $3 and $5 Million
5 Between $2 and $3 Million
4 Between $1 and $2 Million
2 Under $1 Million
Over the past week, the Dollar Volume was $45 Million.
Compared to this same week last year (2024), the Dollar Volume was $59 Million.
Which is a year over year DECREASE of 24%.
This same week in 2023, the Dollar Volume was $36 Million.
Compared to this past week, it’s an INCREASE of 25%.
This past week there were 27 New Listings coming onto the market.
With 15 Listings going into contract, this INCREASES the inventory by 12 Listings.
The breakdown of these 27 New Listings are:
1 Over $20 Million
3 Between $5 and $10 Million
6 Between $3 and $5 Million
10 Between $2 and $3 Million
6 Between $1 and $2 Million
1 Under $1 Million
The overall inventory as of 6/24/2025
1,953 Total Listings (Active & In Contract)
