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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As the only one of its kind on the North Fork, we exhibit and sell contemporary fine art works by mid-career and emerging artists with an emphasis on photo-based art. Fine art admirers and collectors enjoy opportunities to meet our exhibiting artists at special events including public receptions, Gallery Talks, and workshops.
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Our menu focuses on seafood and Greek dishes such as salt baked fish, seafood pasta and Mediterranean mezze. Our wine list has been awarded The Award of Excellence from Wine Spectator and boasts the largest selection of rosé in the Hamptons. The name Calissa is derived from the brightest constellation in the summer sky.Our sister restaurants in New York are Amali and Bar Marseille, opening 2020 in the Rockaways. Calissa offers private dining spaces for groups from 10 to 300 people. To plan your next wedding, corporate event or gathering, please email events@calissahamptons.com. 1020 MONTAUK HIGHWAY, WATER MILL
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