Low inventory continues to haunt prospective buyers in the Hamptons new construction real estate market, allowing builders to continue to seek top dollar per square foot.
With market volatility and interest rate shifts, 2022 was quite a roller coaster ride. So what is in store for the Hamptons real estate market in 2023?
The number of Hamptons real estate listing price changes increased steadily over the course of the summer.
Hamptons real estate activity is still slow while pricing continues at all-time highs as buyers scramble for adequate vacation and work-from-home options.
A response to overwhelming concern about how recent economic events will impact Hamptons real estate.
The median sold price increased again and so did the available supply.
In May 2022, the single-family Hamptons real estate market east of the canal saw some adjustments from past sentiment.
The May 2022 Hamptons real estate report
The Hamptons real estate report for April shows a 32.7% increase in the median sales price year-over-year and 20.2% month-over-month.
The hot Hamptons real estate sales and rental markets have drawn first-time homeowners and investors to this marketplace.
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