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.
The rental market is down, but Hamptons landlords may still have time to attract prospective renters.
How the Hamptons real estate market will impact this summer season.
The most expensive new listing on the market was also the highest priced listing to go under contract in March 2022.
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