The Hamptons real estate market demonstrated sustained momentum through the third quarter of 2025, marking its fourth consecutive quarter of year-over-year sales growth. This period of expansion, the longest since 2021, saw total sales volume on the South Fork increase by 12% to nearly $1.4 billion. The luxury segment played a significant role, highlighted by a $32 million oceanfront property sale in Southampton.
In contrast, the North Fork experienced a different market dynamic. While overall sales transactions declined, rising prices in key areas propelled the average sale price to its second-highest level on record. This divergence paints a complex picture of the East End housing landscape as the year heads into its final months.
Key Takeaways
- The South Fork (Hamptons) recorded its fourth straight quarter of annual sales growth, with 413 single-family homes sold in Q3 2025.
- Total dollar volume in the Hamptons rose 12% year-over-year to $1.398 billion.
- The South Fork's luxury market saw its average price increase by 12% to $12.245 million, with a top sale of $32 million.
- The North Fork saw a 21% annual decline in the number of sales but experienced a significant 18% jump in median price to $1.125 million.
- High-value sales, including an $8 million transaction in Cutchogue, boosted the North Fork's price metrics despite fewer closings.
South Fork Market Shows Consistent Strength
The real estate market on Long Island's South Fork, commonly known as the Hamptons, continued its upward trajectory in the third quarter of 2025. The area registered 413 single-family home sales, contributing to a steady pattern of growth that has now persisted for a full year. This marks the most prolonged period of expansion the market has seen since 2021, signaling a resilient recovery and sustained buyer confidence.
According to a regional market analysis, this increase in activity directly impacted the market's overall financial health. The total value of transactions, or dollar volume, climbed 12% compared to the same period last year, reaching a substantial $1.398 billion.
“The South Fork’s fourth straight quarter of annual sales growth marks a continued resurgence in East End activity, with dollar volume climbing 12% and average price up 6%,” noted Ernie Cervi, Regional Senior Vice President for the East End.
Price Metrics Reveal a Nuanced Picture
While the number of sales and total dollar volume increased, the median price on the South Fork saw a slight adjustment. It fell 3% annually to $2.1 million. However, this figure remains the second-highest median price on record for the region, indicating that the market's value foundation is still exceptionally strong.
Quogue Prices Skyrocket
The most dramatic price movement occurred in Quogue, where the median sale price surged an astonishing 129% over the previous year to reach $6.609 million. This was driven by a higher concentration of sales above the $4 million mark.
Conversely, the Bridgehampton/Sagaponack area experienced a 43% decrease in its median price, which settled at $4.825 million. This drop was attributed to a greater share of transactions occurring below the $4 million threshold during the quarter, rather than a fundamental decline in property values.
The Luxury Segment Powers Ahead
The high-end market, defined as the top 10% of all residential sales, was a major driver of the South Fork's performance. The average price for a luxury home increased by 12% to $12.245 million. The median luxury price saw an even larger jump, rising 16% to $10.8 million.
This growth in the luxury sector was fueled by an increased number of sales over $20 million and fewer transactions below $8 million. The quarter's most expensive reported sale was a $32 million oceanfront estate on Meadow Lane in Southampton Village, underscoring the enduring appeal of prime Hamptons real estate for high-net-worth individuals.
What This Means for Buyers and Sellers
The sustained sales growth suggests a healthy and active market. For sellers, demand remains strong, particularly in the luxury tier. For buyers, while the median price has slightly softened, overall affordability remains a challenge, and competition for desirable properties is still present.
North Fork Market: A Tale of Two Trends
While the South Fork celebrated sales growth, the North Fork presented a contrasting scenario characterized by fewer sales but significantly higher prices. The number of closed deals declined by 21% year-over-year, a trend that has now been observed in 13 of the last 16 quarters.
Despite the slowdown in transaction volume, the financial metrics for the North Fork were robust. The average sale price climbed 12% annually to $1.359 million, its second-highest level ever. This marks the fourth consecutive quarter of year-over-year growth in average price.
High-Priced Sales Drive Market Value
The North Fork's median price saw a notable increase, rising 18% to $1.125 million. This represents the largest annual jump in median price since the second quarter of 2021. The increase was largely influenced by activity in specific submarkets.
Cutchogue, in particular, had a significant impact. The dollar volume in this area rose by 44% compared to the previous year, a result of three sales closing for over $2 million. One of these transactions was an $8 million home on Peconic Bay, which became the highest-priced sale on the North Fork for the quarter.
This trend highlights a key market dynamic: even with fewer buyers closing deals, those who are purchasing are often doing so at higher price points, pushing the overall market averages upward. Half of the North Fork's submarkets reported an increase in dollar volume despite the decline in sales.
North Fork Luxury Market at a Glance
- Average Luxury Price: Increased 17% annually.
- Median Luxury Price: Increased 22% year-over-year.
- Key Driver: A greater share of sales closing for over $2.5 million.
The luxury segment on the North Fork also showed considerable strength. The average luxury sale price grew by 17%, while the median price for high-end homes jumped 22%. This was attributed to a higher concentration of closings above the $2.5 million mark, indicating strong demand for premium properties in the region.
As the East End market moves into the final quarter of 2025, the two forks present different but equally compelling narratives. The Hamptons market is defined by consistent, broad-based growth, while the North Fork demonstrates resilience through rising values, proving that buyer interest remains firm across the entire region.
