Subscribe to Guide
No Result
View All Result
Hamptons.com
  • Spotlight Magazine
  • Lifestyle
    • Featured
    • Entertainment
    • Arts
    • Community
    • Dining
    • Recreation
    • Trending
  • Events
    • Events Calendar
    • Post an Event
    • Gallery
  • Real Estate
    • Real Estate Features
    • Search Real Estate
      • Open Houses
      • Search Sales
      • Search Rentals
    • Title Insurance
    • Happening In The Hamptons Podcast
  • Live Cameras
    • All Live Cameras
    • Live Weather Cams
    • Amagansett, Atlantic Avenue Beach
    • Bridgehampton, West Scott Cameron Beach
    • East Hampton Village, Main Beach
    • East Hampton Village, Main Street
    • East Hampton Village, Newtown Lane
    • Hampton Bays, Ponquogue Beach
    • Hampton Bays, Ponquogue Bridge
    • Hampton Bays, Shinnecock Fishing Dock
    • Hampton Bays, Tiana Beach
    • Long Island Aquarium | Coral Reef
    • Long Island Aquarium | Penguins
    • Long Island Aquarium | Shark Tank
    • Montauk, Downtown Circle
    • Montauk, Lars Simenson Skatepark
    • Montauk, Gin Beach & Inlet
    • Montauk, Sunset Beach & Inlet
    • Sagaponack, Sagg Main Beach
    • Sag Harbor, Foster Memorial Beach
    • Sag Harbor, Long Wharf Marina
    • Sag Harbor, Main Street (South)
    • Sag Harbor, Windmill Beach & Bay
    • Shelter Island, South Ferry
    • Southampton, 39A to Montauk Hwy Merge
    • Southampton, Conscience Point Marina
    • Southampton Village, Coopers Beach
    • Southampton Village, Main Street (South)
    • Southampton Village, Main Street (North)
    • Southampton Village, Main Street (Hildreths)
    • Westhampton Village, Main Street (East)
    • Westhampton Village, Rogers Beach
  • Public WiFi
    • Public WiFi Map
    • Public Wi-Fi Support
  • Spotlight Magazine
  • Lifestyle
    • Featured
    • Entertainment
    • Arts
    • Community
    • Dining
    • Recreation
    • Trending
  • Events
    • Events Calendar
    • Post an Event
    • Gallery
  • Real Estate
    • Real Estate Features
    • Search Real Estate
      • Open Houses
      • Search Sales
      • Search Rentals
    • Title Insurance
    • Happening In The Hamptons Podcast
  • Live Cameras
    • All Live Cameras
    • Live Weather Cams
    • Amagansett, Atlantic Avenue Beach
    • Bridgehampton, West Scott Cameron Beach
    • East Hampton Village, Main Beach
    • East Hampton Village, Main Street
    • East Hampton Village, Newtown Lane
    • Hampton Bays, Ponquogue Beach
    • Hampton Bays, Ponquogue Bridge
    • Hampton Bays, Shinnecock Fishing Dock
    • Hampton Bays, Tiana Beach
    • Long Island Aquarium | Coral Reef
    • Long Island Aquarium | Penguins
    • Long Island Aquarium | Shark Tank
    • Montauk, Downtown Circle
    • Montauk, Lars Simenson Skatepark
    • Montauk, Gin Beach & Inlet
    • Montauk, Sunset Beach & Inlet
    • Sagaponack, Sagg Main Beach
    • Sag Harbor, Foster Memorial Beach
    • Sag Harbor, Long Wharf Marina
    • Sag Harbor, Main Street (South)
    • Sag Harbor, Windmill Beach & Bay
    • Shelter Island, South Ferry
    • Southampton, 39A to Montauk Hwy Merge
    • Southampton, Conscience Point Marina
    • Southampton Village, Coopers Beach
    • Southampton Village, Main Street (South)
    • Southampton Village, Main Street (North)
    • Southampton Village, Main Street (Hildreths)
    • Westhampton Village, Main Street (East)
    • Westhampton Village, Rogers Beach
  • Public WiFi
    • Public WiFi Map
    • Public Wi-Fi Support
No Result
View All Result
Hamptons.com
January 24, 2019

The Hamptons Luxury Real Estate Market Sees Uptick, While Average And Median Sales Prices See Little Change

Nicole Barylskiby Nicole Barylski
in Real Estate
Home Real Estate

The number of Hamptons homes put up for sale during the fourth quarter of 2018 boomed, as noted in the recently released Elliman Reports: Hamptons Q4-2018.

“A big story here is the increase in inventory year over year,” Carl Benincasa, Douglas Elliman Regional Vice President of Sales for the Hamptons, shared. After twelve quarters of declines, listing inventory significantly increased. “There are nearly 82 percent more listings on the market than there were this time last year,” Benincasa noted.

Even though the number of sales declined year over year for the fourth consecutive quarter, compared to same year ago period, the median sales price remained unchanged at $995,000. The average sales price saw a slight boost (9.1 percent) to $2,006,610. “Upticks in average and median sale prices may be attributable to a greater percentage of sales occurring in the ultra-high end,” Benincasa said.

“Greater competition amongst sellers means greater opportunities for buyers,” Benincasa added. “If you’re thinking of buying in the Hamptons, this may be the time.”

Overall, on the South Fork, the majority of sales (73.9 percent) during in the fourth quarter of 2018 were below $2 million, the Brown Harris Stevens 4th Quarter 2018 Hamptons Report notes.

“The fourth quarter compensated for a slower second and third quarter which brought totals at the end of the year to be somewhat similar to the prior year,” Cia Comnas, Brown Harris Stevens Executive Managing Director Hamptons, and Robert Nelson, Brown Harris Stevens Senior Managing Director Hamptons, noted. ” The fourth quarter should not be looked at individually as some closings do happen at year end for tax reasons. Overall average prices and volume showed little variation with the previous year.”

The luxury market gained steam – with the number of sales in the $10 to $19.99 million range up by a whopping 67 percent, according to the Town & Country Hamptons 4th Quarter 2018 Home Sales Report. The $3.5 to $4.99 million range also saw notable growth (32 percent), while the $5 to $9.99 million range was up by 25 percent.

“The T&C Hamptons 4th Q Home Sales shows the broad stroke across the South Fork there were solid gains,” Judi A. Desiderio, Town & Country Real Estate Chief Executive Officer, noted. “The high-end was a strong performer. There is great public awareness for the amazing new construction in the Hamptons.”

Sign up for our weekly newsletter!

Get the top Hamptons events and latest scoop!

What's Happening in the Hamptons

Related Posts

Style, Strategy, and Stacey Cohen’s Eye for What’s Next in Hamptons Real Estate
Real Estate

Style, Strategy, and Stacey Cohen’s Eye for What’s Next in Hamptons Real Estate

July 10, 2025
Hamptons Real Estate Market Data – Week of 7/1/2025
Real Estate

Hamptons Real Estate Market Data – Week of 7/1/2025

July 8, 2025
South of the Highway New Construction – Rare Opportunity
Real Estate

Three New Construction Opportunities: Southampton, Wainscott, and East Hampton

July 8, 2025

Search Articles

No Result
View All Result

LOCAL EVENTS

Events

10
Jul
10
Jul
-
10
Jul

Toddler & Teeny Tumbling (ages 18mos – 3yrs)

July 10 @ 09:15 AM - July 10 @ 10:00 AM
44 Meadow Way East Hampton, NY 11937
10
Jul
10
Jul
-
13
Jul

2025 Hamptons Fine Art Fair

July 10 @ 11:00 AM - July 13 @ 07:00 PM
Southampton Fairgrounds, 605 County Rd 39, Southampton, NY
10
Jul
10
Jul
-
10
Jul

The Core Room EMSculpt with ambassador and RHONY Sonja Morgan @ The HUB

July 10 @ 02:00 PM - July 10 @ 05:30 PM
The HUB 2183 Montauk Highway Bridgehampton, NY 11932
10
Jul
10
Jul
-
13
Jul

2025 Hamptons Greek Festival

July 10 @ 04:00 PM - July 13 @ 11:00 PM
111 St. Andrews Road Southampton NY 11968
10
Jul
10
Jul
-
10
Jul

Mecca Film Reading by Monte Albert de Leon @ The HUB

July 10 @ 06:00 PM - July 10 @ 08:00 PM
The HUB 2183 Montauk Highway Bridgehampton, NY 11932
Load more listings
Next Post
Artists Invited To Explore Their Roots For Exhibition Open Call

Artists Invited To Explore Their Roots For Exhibition Open Call

    Facebook Twitter Instagram Youtube
    Hamptons.com

    Saunders Broadcasting Corp.

    Phone: 631-613-8440
    Email: [email protected]
    Facebook: Facebook.com/HamptonsOnline
    Twitter: @Hamptons
    Instagram: @HamptonsOnline

    About Us | Contact Us

    Hamptons.com

    • Lifestyle
    • Events
    • Real Estate
    • Live Cameras
    • Public WiFi

    Subscribe

    Sign up for our weekly newsletter!

    Get the top Hamptons events and latest scoop!

    © 2025 Hamptons.com | All rights reserved
    Saunders Broadcasting Corp.
    Terms & Conditions | Privacy Policy | About Us | Contact Us

    No Result
    View All Result
    • Spotlight Magazine
    • Lifestyle
      • Featured
      • Entertainment
      • Arts
      • Community
      • Dining
      • Recreation
      • Trending
    • Events
      • Events Calendar
      • Post an Event
      • Gallery
    • Real Estate
      • Real Estate Features
      • Search Real Estate
        • Open Houses
        • Search Sales
        • Search Rentals
      • Title Insurance
      • Happening In The Hamptons Podcast
    • Live Cameras
      • All Live Cameras
      • Live Weather Cams
      • Amagansett, Atlantic Avenue Beach
      • Bridgehampton, West Scott Cameron Beach
      • East Hampton Village, Main Beach
      • East Hampton Village, Main Street
      • East Hampton Village, Newtown Lane
      • Hampton Bays, Ponquogue Beach
      • Hampton Bays, Ponquogue Bridge
      • Hampton Bays, Shinnecock Fishing Dock
      • Hampton Bays, Tiana Beach
      • Long Island Aquarium | Coral Reef
      • Long Island Aquarium | Penguins
      • Long Island Aquarium | Shark Tank
      • Montauk, Downtown Circle
      • Montauk, Lars Simenson Skatepark
      • Montauk, Gin Beach & Inlet
      • Montauk, Sunset Beach & Inlet
      • Sagaponack, Sagg Main Beach
      • Sag Harbor, Foster Memorial Beach
      • Sag Harbor, Long Wharf Marina
      • Sag Harbor, Main Street (South)
      • Sag Harbor, Windmill Beach & Bay
      • Shelter Island, South Ferry
      • Southampton, 39A to Montauk Hwy Merge
      • Southampton, Conscience Point Marina
      • Southampton Village, Coopers Beach
      • Southampton Village, Main Street (South)
      • Southampton Village, Main Street (North)
      • Southampton Village, Main Street (Hildreths)
      • Westhampton Village, Main Street (East)
      • Westhampton Village, Rogers Beach
    • Public WiFi
      • Public WiFi Map
      • Public Wi-Fi Support

    © 2025 Hamptons.com | All rights reserved
    Saunders Broadcasting Corp.
    Terms & Conditions | Privacy Policy | About Us | Contact Us