While the quarter showed a modest seasonal cooling relative to Q2, it nonetheless represented one of the most active and value-rich third quarters in recent years. The region recorded 22 $10M+ trades totaling $391.85M, contributing to a year-to-date total of 71 trades and $1.29 billion—the strongest YTD performance since 2021.
The Hamptons’ sustained strength was underpinned by growing transaction diversity and a notable rise in buyer confidence. Compared to Q3 2024, total trade quantity increased 47%, while dollar volume surged 102%, marking a clear upward recalibration in both market activity and pricing. The average sale price rose 38% year-over-year, climbing from $12.91M to $17.81M, reflecting a recalibrated focus on higher-quality, move-in-ready inventory.
“The Hamptons market has demonstrated remarkable resilience this year,” says Cody Vichinsky, President of Bespoke. “Buyers remain highly engaged, but their approach is increasingly pragmatic—prioritizing rarity, design/amenities, location, and immediate usability over speculative opportunities. The continued appetite for prime turnkey and waterfront offerings underscores the long-term value buyers see in this market.”
Oceanfront properties posted the most dramatic growth this quarter, with four trades totaling $123.43M, marking a 300% increase in trade quantity and a 1,075% jump in dollar volume compared to Q3 2024. The average oceanfront sale price rose 194% to $30.86M, the highest for any Q3 in the past three years. With 14 oceanfront trades year-to-date, 2025 has already matched 2022’s annual total and exceeded both 2023 and 2024. Bespoke shattered records by facilitating one of the top Oceanfront trades with 1320 Meadow Lane at a last ask of $49.5M.
Waterfront properties also performed exceptionally, registering five trades at $74M, a 400% increase in trade quantity and a 297% increase in dollar volume year-over-year. This segment continues to benefit from buyers seeking privacy, views, and flexible pricing relative to oceanfront estates. Bespoke had a strong presence in the waterfront market, facilitating two of the top four transactions with the sales of 809 Meadow Lane and 951 Flying Point Road.
Inland properties remained a pillar of activity, with 13 trades totaling $194.43M, reflecting steady trade quantity but an 18% increase in dollar volume over last year. This was the strongest Q3 for inland trades in three years by total volume, reinforcing their appeal among buyers balancing value, space, and proximity to key hamlets. Bespoke’s sale at 802 Town Line Road ranked as the highest inland trade in Sagaponack history with a last ask of $27.5M.
All key property categories showed growth, led by turn-key properties, which accounted for 13 trades totaling $264.6M, up 18% in trade quantity and 74% in dollar volume year-over-year. These homes—defined by architectural design, high-quality finishes, and immediate livability—dominated the market, comprising the majority of quarterly sales. The average turnkey sale price rose 47% to $20.35M, marking the strongest performance for this category in three years.
New construction also surged, posting five trades totaling $76.05M, a 67% increase in trade quantity and a 147% increase in dollar volume year-over-year, highlighting continued demand for modern architecture and fresh inventory. Land and teardown properties showed a sharp revival, with four trades totaling $51.2M, up 300% in trade quantity and 388% in dollar volume, as buyers continued to seek long-term value creation opportunities.
The market displayed balanced activity across all luxury price brackets. The $10–$20M range led with 18 trades totaling $247M, up 20% in quantity and 28% in volume compared to last year. Higher-end segments returned to activity after a subdued 2024, with two trades in the $20–$30M range, one in the $30–$40M range, and one notable $40M+ sale at $66.75M—all marking renewed liquidity at the top end of the market.
Water Mill's real estate market saw a significant 78% increase in volume year-over-year, with three trades totaling $52.8M. This included the largest waterfront transaction of Q1-Q3 at 951 Flying Point Road, facilitated by Bespoke. Sag Harbor recorded its first Q3 activity since 2021, with two trades totaling $24.8M. Southampton experienced a 21% rise in volume, with four trades totaling $55M, and the area's largest year-to-date transaction, brokered by Bespoke.
Heading into Q4 2025, the Hamptons market shows no signs of fatigue. With 32 properties currently in contract, and a historical average of 30 trades in the latter half of the year, 2025 is on pace to outperform 2024 in both trade quantity and total dollar volume.
“Demand for well-located, design-forward properties remains high, particularly as buyers view the Hamptons as both a long-term asset and a year-round lifestyle destination,” Vichinsky adds. “We anticipate continued strength across the $10–$20M range and premium waterfront inventory as we close out the year.”
