Our exclusive 2nd Quarter 2022 Elliman Report for the Hamptons

August 15, 2022
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It is with great pleasure that we share with you the just released second quarter 2022 "Elliman Reports" for the Hamptons and North Fork sales markets, the leading resource on the state of these markets. Our market reports are produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and objective market insight available.

Price trends in the Hamptons pressed higher as sales volume slowed, responding to a combination of lack of supply and rising mortgage rates. The median sales price has reached both record and near-record levels for nine consecutive quarters. Bidding wars accounted for one out of three sales during the quarter. Listing inventory rose quarter over quarter from a record low to the third lowest on record.

 

 

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