ELLIMAN REPORT Q1 2025
HAMPTONS | NORTH FORK
2025 HAMPTONS
QUARTER REPORT
• Median sales price rose to a new high, exceeding the $2 million threshold for the first time.
• Sales surged year over year by nearly double, exceeding the first quarter decade average.
• Listing inventory pressed higher but remained well below long-term norms.
• Sales above the $5 million threshold was the third-highest on record.
“Restrained supply enabled more price records to be reached across the market.”
HAMPTONS Condo & Single Family Dashboard
YEAR-OVER-YEAR
+13.3%
PRICES
Median Sales Price 5.8% PACE Months of Supply +85.5% SALES Closed Sales
+17 Days MARKETING TIME Days on Market +9.7% INVENTORY
Total Inventory
+0.8% NEGOTIABILITY
Listing Discount
Amagansett
$8,882,334
$4,035,047
$3,847,727
$5,948,227
$4,942,500
Hamptons Single Family + Condo Matrix
Single Family + Condo Matrix
Remsenburg
$2,901,722 $5,024,183 $3,789,118
Sag Harbor
2025 HAMPTONS | 1ST QUARTER REPORT
Sagaponack
Wainscott
Water Mill
$6,498,664
2025 HAMPTONS | 1ST QUARTER REPORT
$6,498,664
Westhampton
$6,690,625
$5,369,636
$6,614,444
Westhampton Beach/Dunes
THE HAMPTONS OFFICE LIST
99 THE PLAZA, MONTAUK, NY 11954 | 631.668.6565
EAST HAMPTON
20 MAIN STREET, EAST HAMPTON, NY 11937 | 631.329.9400
BRIDGEHAMPTON
2488 MAIN STREET, PO BOX 1251, BRIDGEHAMPTON, NY 11932 | 631.537.5900
SOUTHAMPTON
70 JOBS LANE, SOUTHAMPTON, NY 11968 | 631.283.4343
SAG HARBOR
138 MAIN STREET, PO BOX 2330, SAG HARBOR, NY 11963 | 631.725.0200
HAMPTON BAYS
14 W. MONTAUK HIGHWAY, HAMPTON BAYS, NY 11946 | 631.723.2721
WESTHAMPTON BEACH
104 MAIN STREET, WESTHAMPTON BEACH, NY 11978 | 631.288.6244
NORTH FORK
Condo & Single Family Dashboard
YEAR-OVER-YEAR
5.0%
Median Sales Price
1.9% PACE Months of Supply
+15.4% SALES Closed Sales
25.5% INVENTORY
Total Inventory
+12 Days MARKETING TIME Days on Market
+4.0% NEGOTIABILITY
Listing Discount
2025 NORTH FORK 1ST QUARTER REPORT
• Price trend indicators slipped year over year, falling short of new highs.
• Sales rose year over year for the sixth time, remaining below the long-term average.
• Listing inventory fell year over year for the second time.
• The market share of the $1 million to $2 million sales reached a new high.
“New sales strength was observed in the middle of the market.”
2025 NORTH FORK | 1ST QUARTER REPORT
Solds | In Contract | Just Listed
Solds | In Contract | Just Listed
Cutchogue
Family + Condo Matrix
Greenport
Jamesport
North Fork Single Family + Condo Matrix
New Suffolk
$1,080,000
North Fork Single Family + Condo Matrix
$1,400,000
Orient Point
$1,054,333
$1,280,000
Peconic
Shelter Island
Southold
SALES PRICE North Fork Single Family + Condo Matrix
THE NORTH FORK OFFICE LIST
