The Hamptons real estate market recorded $104 million in total contract volume last week, as reported by Hamptons.com, reflecting both resilience and ongoing recalibration in the region’s high-end housing sector. A total of 24 contracts were signed across the East End for the week ending April 8, 2025, with the market buoyed by an uptick in listings that appears to be drawing buyers off the sidelines.
Though down 15% compared to the same week in 2024—when contracts totaled $122 million—the $104 million figure still represents a 60% year-over-year increase from 2023, which saw just $65 million in weekly volume. The shift points to a broader stabilization in buyer activity, even as pricing dynamics continue to evolve in favor of those willing to negotiate.
Fresh Inventory Draws Renewed Interest
The increase in new listings has been a key driver of momentum. Several of the week’s top deals were for properties that hit the market within the last 60 days, according to listing data from local brokerages. A notable example was a $16 million estate in East Hampton, featuring seven bedrooms, expansive outdoor living areas, and beach access—a classic summer compound that was on the market for just under three weeks before entering contract.
“Buyers are seeing more choices, and that’s giving them confidence to act,” said one top East End broker who requested anonymity. “We’re no longer in the ultra-frenzied pandemic market, but serious buyers are still out there, especially when homes are priced correctly.”
Price Cuts Still a Factor
A number of contracts were also inked on homes that had lingered on the market for months or even years. One Sag Harbor waterfront property that originally asked $10.5 million finally entered contract at a significantly reduced asking price of $8.3 million. It’s indicative of a market in which value-driven purchases are shaping deal flow.
“Sellers who are realistic are the ones moving product,” said Dana Trotter of Sotheby’s International Realty in a recent statement. “The deals happening now are with buyers who know what they want and are willing to move fast when a home fits their criteria.”
Signs of Seasonal Strength
The uptick in contract activity comes as the Hamptons market enters its traditional spring build-up. Showings have reportedly increased week over week, and agents note that open house traffic is returning to pre-2020 norms, particularly in prime areas such as Bridgehampton, Amagansett, and Montauk.
While broader macroeconomic concerns—such as interest rates and geopolitical instability—continue to temper exuberance, the luxury segment appears to be adjusting to the new normal with cautious optimism. The balance of inventory and pricing realism may set the stage for a competitive summer season.
Whether this latest surge in contract volume is a one-off or a sustainable trend will become clearer in the weeks ahead. For now, industry professionals say the activity is a welcome sign that the Hamptons market, while no longer overheated, is still highly desirable.
Sources: Hamptons.com, Sotheby’s International Realty, The Real Deal
