South Fork Market Summary
The first quarter of 2025 delivered a stronger performance for the Hamptons real estate market, marking a notable shift in momentum as buyers returned with renewed confidence despite ongoing macroeconomic pressures. Total single-family home transactions rose 26.4% year-overyear to 349 units, while sales volume increased 35.4% to $1,203,628,613, reflecting greater engagement at higher price points. Among the major submarkets, Bridgehampton stood out with a 71.4% increase in transactions (24 sales) and an 84.1% surge in sales volume to over $144 million.
In Amagansett, transactions more than tripled compared to Q1 2024.
Both average and median prices rose, with the average price up 7.1% to $3,448,793 and the median climbing 11.7% to $2,200,000. This upward trend signaled a more balanced market one where value remains important but no longer dominates. Sub-$1 million properties continued to draw strong demand west of the canal, representing 13% of all transactions, while strength in higher price brackets elevated overall pricing metrics. East Hampton’s median price rose 20% to $2,550,000, while Bridgehampton’s median climbed 63.3% to $5,062,500, underscoring both areas ' continued desirability.
The ultra-luxury segment properties priced above $10 million also maintained strong momentum, with sales rising 40% year-over-year. Amagansett led the category with six transactions, including the quarter’s most notable sale: 370–372 Further Lane, which closed for $70 million.
The first quarter wasn’t without challenges. Economic uncertainty and tariff concerns temporarily slowed activity and introduced greater buyer caution, but confidence is gradually returning That said, it’s still too early to declare a sustained trend. Real estate continues to stand out as a reliable investment, reaffirming its role as a safe haven amid broader market volatility. With opportunity still present and long-term value intact, we’ll be watching the second quarter closely as the Hamptons market moves forward with measured optimism.
–Joe Fuer Managing Director
FORK MARKET REPORT
$1,203,628,613
$3,448,793
$2,200,000
Pictured on the cover page: 105 & 111 Lily Pond Lane East Hampton
Submarket
East Quogue, Hampton Bays, Quiogue, Quogue, Remsemburg, Speonk, Westhampton, Westhampton Beach, and Westhampton Dunes
Bridgehampton and Sagaponack
Amagansett, East Hampton, East Hampton Village, Montauk, Northwest Woods, Springs, and Wainscott
Southampton, Southampton Village, and Water Mill
North Haven, Noyac, Sag Harbor and, Sag Harbor Village
South Fork - Single Family
TOTALS
South Fork - Single Family
112 GEORGICA CLOSE ROAD
EAST HAMPTON
West of the Canal - Single Family
West of Canal - Single Family
PRICE POINTS
1052, 988 & 986 NOYAC PATH WATER MILL
East of the Canal - Single Family
TOTALS
East of the Canal - Single Family
East of Canal - Single Family
PRICE POINTS
Your home. Your choice.
OWN THE NARRATIVE
THE 3-PHASED MARKETING STRATEGY INTRODUCING
DEVELOP YOUR STRATEGY WITH COMPASS
CANOE PLACE BOATHOUSES HAMPTON BAYS
Submarket
53 SOUTH ROAD
WESTHAMPTON BEACH
South Fork - Single Family
TOTALS
Westhampton - Single Family
East Quogue
Hampton Bays
Quiogue
Quogue
Westhampton - Single Family
TOWN
$2,239,749
$2,100,000
Westhampton Beach
Westhampton
Speonk
Remsenburg
Westhampton Dunes
115 HEADY CREEK LANE SOUTHAMPTON
Southampton - Single Family
North Sea
$18,385,000
$2,626,429
$3,500,000
Southampton Village Southampton
Water Mill
$5,793,636 $5,825,000
Bridgehampton - Single Family
$39,800,000
$4,975,000
$2,675,000
Bridgehampton
Sagaponack
Sag Harbor - Single Family
2528 NOYACK ROAD, SAG HARBOR
North Haven
Noyac
Sag Harbor
Sag Harbor Village
Shelter Island - Single Family
TOWN
Shelter Island
40 DINAH ROCK ROAD SHELTER ISLAND
East Hampton - Single Family
$4,957,857
$4,950,000
Montauk
North Fork Market Summary
The first quarter of 2025 marked a period of adjustment for the North Fork real estate market, with activity slowing compared to a strong finish in 2024. A total of 75 single-family home transactions were sold, representing a 6.3% decline year-over-year and a 27% drop from the fourth quarter of 2024. Sales volume followed a similar trend, falling 15.6% year-over-year to $89,473,300.
Average and median prices both edged lower The average sale price dipped 3.4% year-overyear to $1,192,977, while the median price declined 9.9% to $930,000. Compared to the previous quarter, the average price fell from $1,364,360 and the median price from $975,000, suggesting growing sensitivity to pricing and a preference for value-driven opportunities across the region.
Southold led the region in overall sales, recording 18 transactions totaling $23,268,500, supported by a median price of $1,135,000. Cutchogue remained strong as well, with nine transactions and an average price of $1,412,778. In contrast, Greenport saw a significant pullback, with total sales volume dropping by more than 50% year-over-year to $10,222,800, even as transaction counts remained steady, highlighting downward pressure on pricing.
Market pace also shifted across submarkets. East Marion recorded the longest average days on market (DOM) at 158 days, reflecting a more measured approach among buyers in that area. Overall, homes across the North Fork averaged 92 days on the market in Q1 2025, compared to 86 days in the prior quarter and 93 days a year ago.
Entry-level properties under $1 million accounted for 56% of all single-famly transactions, while the $1 million–$2 million segment represented 37% of sales, reinforcing the North Fork’s ability to attract a broad range of buyers seeking both value and lifestyle.
– Joe Fuer
Managing Director
North Fork - Single Family
TOTALS
ONE PLACE FOR HOME
The only platform designed to connect you and your agent through every phase of your real estate journey.
STEP INSIDE COMPASS ONE
North Fork
Baiting Hollow Aquebogue
Cutchogue
East Marion
North Fork
Jamesport & South Jamesport
Mattituck
Laurel
Greenport
