T
he East End Real Estate Market Report: 2Q 2025
The East End market continued its upward trajectory in the second quarter, with the South Fork posting its third consecutive quarter of annual sales growth. Amagansett stood out with a remarkable 144% surge in sales, while East Hampton led in total closings and luxury activity. On the North Fork, despite a modest dip in sales, rising prices and a 15% gain in dollar volume indicate that buyer demand remains strong.
South Fork/Hamptons
The South Fork saw a 16% annual increase in sales, with three consecutive quarters of growth for the first time since 2021. However, the 419 closings were 7% lower than last quarter. Amagansett had the greatest increase in sales, with a 144% year-over-year (YOY) jump. Dollar volume trends followed the rise in sales, climbing 15% YOY to $1.409B.
Median price was level with 2Q 2024 after rising annually in six of the past seven quarters. East Hampton Village had the most notable increase, up 43%, as four of its seven sales closed over $10M. Amagansett had the largest percentage decrease in median price, down 19% annually due to a smaller share of sales below $4M.
Residential Luxury Market (top 10% of all residential sales)
On the South Fork, luxury average price fell 4%, down to $13.821M, while median price increased by 7% to $11.250M due to a larger share of sales above $15M. East Hampton had the most expensive reported sale, an off-market compound on Further Lane for $48.5M.
North Fork
Sales on the North Fork fell 5% annually, marking the third annual decline over the past four quarters. However, four of the six submarkets saw sales volume increase versus 2024, driven by higher prices. Aquebogue/Jamesport saw the most significant increase in dollar volume, up 83% to $18.526M.
Median price increased 13% YOY to $999K, with average price climbing more sharply, up 21% annually. The highest priced sale on the North Fork was a residence on Shelter Island Sound for $6.725M.
In the residential luxury market (top 10% of all residential sales), the average luxury sale price on the North Fork increased 26% annually and median price increased 8% YOY, with two sales closing over $4M this quarter compared to none at this time last year.
