The Hampton’s real estate market is ripe for a rate cut, and savvy buyers are getting ahead of it. The market has been relatively flat. With rising inventory and more to choose from, this is the time to get ahead of a potential rate cut. Once the Fed cuts interest rates, whether it be now or later this fall, there will be much more competition in the marketplace.
Let us know how we can help you secure your Hamptons home.
Here’s what happened this past week in the market:
Over the past week there were 18 Listings that went into contract from Westhampton to Montauk.
Compared to this same week last year (2024), there were 28 Listings that went into contract.
Which is a year over year DECREASE of 36%.
This same week in 2023, there were 17 Listings that went into contract.
Compared to this past week, it’s an INCREASE of 6%.
The breakdown of these 18 Transactions are:
3 Between $5 and $10 Million
5 Between $3 and $5 Million
2 Between $2 and $3 Million
4 Between $1 and $2 Million
4 Under $1 Million
Over the past week, the Dollar Volume was $52 Million.
Compared to this same week last year (2024), the Dollar Volume was $82 Million.
Which is a year over year DECREASE of 37%.
This same week in 2023, the Dollar Volume was $54 Million.
Compared to this past week, it’s a DECREASE of 4%.
This past week there were 30 New Listings coming onto the market.
With 18 Listings going into contract, this INCREASES the inventory by 12 Listings.
The breakdown of these 30 New Listings are:
1 Over $20 Million
2 Between $10 and $15 Million
4 Between $5 and $10 Million
4 Between $3 and $5 Million
6 Between $2 and $3 Million
8 Between $1 and $2 Million
5 Under $1 Million
The overall inventory as of 7/22/2025
1,959 Total Listings (Active & In Contract)
1,550 Active Listings
409 In Contract Listings