Is East Hampton, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East Hampton was a Seller's Market.
Housing Prices in East Hampton, NY
How much do homes in East Hampton, NY cost?
Median Sold Price
$1,575,000
$857/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Hampton was $1,575,000 in April 2024, down 1.5% from last year, and the median price per square foot was $857.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $620K | N/A |
2 Bedrooms | $950K | $1.2M | +26.3% |
3 Bedrooms | $1.2M | $1.2M | +4.1% |
4 Bedrooms | $1.8M | $1.7M | -5.2% |
5+ Bedrooms | $3.3M | $3.5M | +3.3% |
Summary: East Hampton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 3.3%.
Housing Supply in East Hampton, NY
How many homes are available in East Hampton, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 72 | +5.9% |
Summary: The East Hampton real estate market had 72 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 25 | 24 | -4.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The East Hampton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in East Hampton in April 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
108 Days | 100 Days | -7.7% |
Summary: Homes in East Hampton had an average of 100 days on market in Apr 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in East Hampton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.