realestate

Real Estate Insights: Emerging Neighborhoods and Market Trends

Leading Local Real Estate Brokers Share Insights on East End Growth and Shifting Buyer Preferences.

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n a recent roundtable discussion, local real estate experts shared their insights on areas of growth and shifting buyer preferences in the East End.

    Susan Harrison of Compass noted that Sag Harbor's waterfront homes remain highly sought after, while Southampton Village is gaining popularity due to its walkability and charm. Many buyers are seeking proximity to the city, citing increased traffic as a reason for wanting to be closer to town.

    Dominic Couzens of Hedgerow Exclusive emphasized the importance of working with an experienced agent in today's competitive market. "You're building a team when buying," he said, advising clients to invest time in finding a knowledgeable and dynamic partner.

    Stacey Cohen of Saunders & Associates highlighted Shelter Island as a hidden gem, offering a serene atmosphere without sacrificing access to Hamptons amenities. Recent sales data suggests that the island is experiencing significant growth, with properties selling quickly due to its unique blend of tranquility and community integration.

    Mary Slattery of Corcoran pointed out that areas like Springs, North Sea, and Hampton Bays are seeing growth due to relatively lower prices compared to other Hamptons neighborhoods. As inventory remains low, correctly priced properties are selling rapidly across the board.

    Jennifer Friedberg of Compass noted that villages, waterfront properties, and areas south of the highway continue to attract strong interest in the Hamptons. These locations offer a combination of charm, investment potential, and lifestyle appeal, making them perennial favorites among buyers.

Real estate professionals discuss emerging neighborhoods and market trends in urban areas.