The Real Buyers are Fleeing to the Hamptons This Summer
June 30, 2026
Hello,
Summer is finally here, and while everyone else is packing for the Great Hamptons Migration, the ultra-luxury
market is already running at full sprint. With the (beyon)d hot weather, and a booked calendar of events such as
the Palm Tree Festival and Hamptons Art Fair, it only makes sense.
If you’ve heard the market is cooling off, you’re looking at the wrong price bracket. While the lower-to-mid
tiers are feeling the inventory squeeze, the $10M+ sandbox is playing by an entirely different set of rules.
An Ultra-Luxury Surge:
Deals in the $10M–$19.99M segment has seen a 35% year-over-year jump in transaction velocity. Moreover, the
$20M+ ultra-luxury tier, which has skyrocketed by 125%.
Unsurprising Winners:
The Bridgehampton and Sagaponack submarkets are leading the pack, with median prices surging 86%. anchored by
oceanfront closings hitting upwards of $58M.
Leaving out the Contractor:
Well-priced trophy properties are drawing multiple offers within just two weeks. High-end buyers are paying
massive premiums for impeccably finished new constructions—preferring to move right in rather than deal with a
multi-year renovation timeline. After all, no one wants to spend their summer fighting with contractors.
Luxury sellers T'ed themselves off quite well to the 300k turn 1.2M seasonal surge of highly qualified buyers.
Wishing you a great season,
Ariel Tirosh
