290 Further Lane in East Hampton. (Photo Courtesy of Compass via Out East)
While the median asking price for a home on the East End ($2,195,000) is up by 4.7 percent compared to the same time last year, the average pale in comparison to the year's most staggering sales.
"The housing market continues to soften across the country -- particularly in some of the most expensive areas like the Hamptons and New York City. With so many homes for sale right now, and listings lingering on the market for longer than in the past, it's a tough time to be a seller," Out East GM, Matt Daimler reflected. "But this list of transactions proves that there is still demand for the unique, high-end homes in the Hamptons. If you're patient, persistent and price your home correctly, the right buyer will come along."
10 Most Expensive Hamptons Home Sales in 2018:
1. 290 Further Lane, East Hampton Sold Price: $40,000,000
Sold Date: 4/23/18
2. 134 Murray Lane, Southampton Sold Price: $32,000,000
Sold Date: 2/9/18
3. 51 Halsey Lane, Water Mill Sold Price: $26,100,000
Sold Date: 2/15/18
4. 477 Little Plains Road, Southampton Sold Price: $24,000,000
Sold Date: 6/12/18
5. 121 Further Lane, East Hampton Sold Price: $24,000,000
Sold Date: 1/19/18
6. 240 Old Montauk Highway, Montauk Sold Price: $22,800,000
Sold Date: 6/29/18
7. 719 Ocean Road, Bridgehampton Sold Price: $22,711,119
Sold Date: 2/13/2018
8. 79 Surfside Drive, Bridgehampton Sold Price: $18,800,000
Sold Date: 9/18/2018
9. 4.5-acre Mecox Bayfront, Water Mill Sold Price: $18,750,000
Sold Date: 4/6/2018
10. 19 Chauncey Close, East Hampton Sold Price: $17,280,000
Sold Date: 7/17/2018
Nicole is the Editor-in-Chief of Hamptons.com where she focuses on lifestyle, nightlife, and mixology. She grew up in the Hamptons and currently resides in Water Mill. www.hamptons.com NicoleBarylski NicoleBarylski
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Considered a West of the Shinnecock Canal expert with a 5-star Zillow ranking, Aimee specializes in the luxury and waterfront markets in Quogue, Westhampton Beach, Remsenburg, East Quogue and Hampton Bays. With exceptional communication skills and a buttoned-up approach to every deal, she is highly skilled in the art of the negotiation process. Understanding the nuances of buying and selling waterfront homes, especially on Dune Road, is a specialty.
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