Bespoke Luxury Magazine | Prosperity Report Vol. 4

Page 30

I N S I G H T I N T O T H E U LT R A - L U X U R Y R E A L E S T A T E M A R K E T

HAMPTONS MARKET REPORT

BESPOKE LUXURY MAGAZINE

231

TOTA L $ 1 0 M + S A L E S 2020 - 2021

104 SALES IN 2020

The Hamptons sold $2.6 billion worth of $10 million+ trades in 2021.

30

127 SALES IN 2021 ↑ 2 2 .1 2 %

Despite limited inventory at the onset of 2021, ultraluxury Hamptons real estate transactions reached new peaks within peripheral, waterfront locations—further east in Montauk and Amagansett as well as west of the Canal—while remaining solid in central towns

like Southampton and East Hampton. Montauk’s growth was most noteworthy regarding both sales volume and quantity of transactions. The town sold four times as many properties in 2021 than the previous year, totaling an additional $67.9 million in sales volume.


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