VOLUME 1
Summer 2020

The Hamptons
$10M+ Market
Q1 2026 marked a defining start to the year in the Hamptons, delivering the most active first quarter on record and reinforcing its position at the top of the ultra-luxury landscape.

77 Dune Road, Bridgehampton, NY

Performance was driven not just by volume, but by a concentrated demand for turnkey, waterfront, and architecturally significant new construction—assets where scarcity and quality are increasingly aligned.

Bespoke played a defining role in this performance, facilitating 60% of all $10M+ transaction volume and representing 6 of the top 10 trades in the Hamptons during the quarter. The firm also led the $20M–$30M segment, facilitating 5 of the 8 transactions and capturing 65% of total activity within that range.

“The Hamptons continues to operate at a very high level, but what stands out this quarter is the precision of demand,” says Michael Schultz. “Buyers are not chasing volume—they are targeting specific, irreplaceable assets, particularly along the oceanfront and in turnkey product. When those opportunities surface, they’re moving decisively.”

The Hamptons market in Q1 2026 was defined by a clear flight to quality, with demand overwhelmingly concentrated in waterfront and best-in-class assets. Oceanfront properties set the tone at the top end, with 5 trades totaling $226.5 million—up from $152 million in Q1 2025—as average pricing climbed to $45.3 million. Bespoke led this segment, facilitating 3 of the top 5 trades and capturing 60% of total oceanfront volume. Waterfront and inland properties reinforced this trend, with buyers consistently prioritizing properties offering a combination of location, quality, and long-term usability.

Turnkey properties remained the backbone of the market, driving the majority of high-value transactions and delivering the strongest Q1 performance on record for the segment. With 18 trades totaling $461.36 million—up 47% in dollar volume—buyers continued to show a clear preference for immediate livability and design-forward homes, pushing average pricing to $25.63 million.

New construction delivered the most significant growth of any product type, signaling renewed confidence in modern inventory and forward-looking product. The segment doubled in activity and more than doubled in dollar volume year over year, with Bespoke facilitating the top new construction trade and capturing 69% of total market share.

Momentum shifted meaningfully into higher price tiers, with the $20M–$30M segment emerging as the most competitive part of the market. Transactions in this range more than tripled year over year, with Bespoke facilitating 5 of the 7 trades and capturing 76% of total dollar volume. At the very top, the $40M+ segment continued to expand, reinforcing sustained demand for trophy assets and the depth of capital operating in the Hamptons.

Performance across the Hamptons was driven by a handful of key submarkets, where both volume and pricing saw significant acceleration. Sagaponack delivered one of the strongest Q1 performances on record, with Bespoke facilitating 67% of all $10M+ transactions, including the top two trades of the quarter.

Southampton followed with similarly strong momentum, doubling in activity year over year. Bespoke played a central role, facilitating 5 of the 8 transactions, including the top three trades and the majority of $20M+ sales in the market.

This concentration of activity was consistent across the region, with Bespoke facilitating the top trades in Sagaponack, Southampton, Water Mill, and Wainscott—reinforcing its position at the center of the Hamptons’ most significant transactions.

“The Hamptons market continues to prove that at the highest level, performance is driven by precision—not momentum,” says Cody Vichinsky. “Buyers are deploying capital with conviction, but only where quality, location, and certainty converge. The result is a market where the best assets are commanding outsized attention and consistently setting the tone.”

Q1 2026 marked the best Q1 the Hamptons has seen closing at $571.38M and severely outperforming last year by 43%.

1370 Meadow Lane, Southampton, NY

74 Crescent Avenue, Water Mill, NY

Southampton performed the best YoY, recording a 111% increase in trade volume, closing out at $89.88M in total trade volume.

137 Murray Lane, Southampton, NY

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