$10,000 Closing Credit*
$1,595,000
3,000 SqFt
3 Beds
•2 Full Baths
Listing Office: Nest Seekers International LLC
Is East Hampton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Hampton has remained a Buyer's Market.
Key Takeaway
East Hampton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Hampton, NY
How much do homes in East Hampton, NY cost?
Median Sold Price
$1,700,000
$801/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$27,500(-1.6%)
Key Takeaway
Homes in East Hampton have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in East Hampton was $1,700,000 in November 2024, down 1.6% from last year, and the median price per square foot was $801.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $620K | - | N/A |
| 2 Bedrooms | $880K | $1.5M | +73.9% |
| 3 Bedrooms | $1.1M | $1.3M | +11.6% |
| 4 Bedrooms | $1.8M | $1.9M | +0.9% |
| 5+ Bedrooms | $3.3M | $3.3M | -1.3% |
Summary: East Hampton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in East Hampton, NY
How many homes are available in East Hampton, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 76 | -1.3% |
Summary: The East Hampton real estate market had 76 homes for sale in November 2024, a 1.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 24 | 26 | +8.3% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The East Hampton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Hampton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in East Hampton in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for East Hampton, NY
How long does it take to sell a home in East Hampton, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 101 Days | +41.3% |
Summary: Homes in East Hampton had an average of 101 days on market in Nov 2024, up by 41.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Hampton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in East Hampton; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.