A Look At The Most Expensive Hamptons Home Sales Of 2018
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
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