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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Two Of The Most Respected Names In The Community
Together, they are partners in CP Complete. They bring their years of experience
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Hamptons luxury real estate specialist for 33 years, Andrea Ackerman offers outstanding expertise in the field. Trusted, experienced and successful, Andrea has solidified herself as the go-to broker of the Hamptons and a wholehearted advocate for her clients. A pioneer in the real estate industry on the East End of Long Island, she is driven by her passion for the business. Andrea is based in the Bridgehampton office of Brown Harris Stevens as a licensed real estate associate broker and consultant.
Formerly, a principal partner and Senior Director at Brown Harris Stevens, Andrea now assists in developing their corporate strategy for the Hamptons region, advising other brokers and sales associates, as well as being one of the top producers and listors.
Brown Harris Stevens is the quintessential luxury real estate firm, with a history of leadership and a culture of professionalism and discretion dating back to 1873. At every level of Brown Harris Stevens, you will find highly experienced, knowledgeable experts, single-mindedly devoted to your interests and your satisfaction. With offices in the Hamptons, New York City, Palm Beach, and Miami our brokers are exceptional - leading the field with the quality of their work ethic, their outstanding success rate and the sheer quantity of their transactions.
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