A stellar year on Wall Street led to a bullish Hamptons housing market in 2025.
Sales of Hamptons homes for $5 million or more reached an all-time high in late 2025, according to a new report by appraiser Miller Samuel for Douglas Elliman.
Limited sales inventory drove prices ever-higher on the East End, while sellers in neighboring Nassau County and North Fork enjoyed market successes of their own.
Hamptons homes priced $5 million and above occupied a record-setting 17% of sales in the fourth quarter of 2025. The area’s median sales price climbed to $2.3 million — the highest on record.
The 33.6% annual price increase has Wall Street to thank, in part. New York City’s financial sector saw healthy market gains in 2025, capped off by generous year-end bonuses.
“A third consecutive year of double-digit stock market returns, and record Wall Street bonuses helped fuel demand for luxury properties,” Philip V. O’Connell, managing director of brokerage Brown Harris Stevens’ Hamptons office, told Mansion Global.
Listing inventory out East hardly budged over a 12-month period, according to the Elliman report. Local supplies were well below the area’s decade average for the fourth quarter, leading to a relative decline in sales.
Communities West of the Canal emerged as particular market hotspots, Mansion Global reported, citing Brown Harris Stevens. Prices on the west side, spanning Hamptons Bay to Remsenburg, rose 25% in 2025. Compare those returns to just 5% price growth further east, towards Montauk.
Hamptons sales totaled $6.3 billion in 2025, according to the brokerage, surpassing even the post-pandemic market mania of 2022.
The Hamptons’ highest rollers pushed the threshold for luxury properties up to $7.37 million — and that’s just to get in the door. Median prices within the top 10% of the market hit $11.4 million by year’s end.
Higher luxury prices likely contributed to longer market tenures, despite limited sales inventory. Days on the market increased for the high-end tier by 25% year-over-year.
Not to be outdone, Long Island and North Fork did numbers of their own.
Sales in nearby North Fork rose annually for the ninth time in the past 10 quarters, and more than half of all Long Island sales closed above the asking price last quarter, according to separate Elliman reports.
Long Island was recently dubbed the best place in the US to sell a home.
