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Luxury East Hampton Home Price Slashed Amid Market Surge

9/7/2025

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Story summary
  • A luxury property at 43 E Dune Lane, East Hampton, is listed for $84.9 million, down from $120 million, after over 450 days on the market.
  • The Hamptons luxury market shows a 12% year-over-year increase in average prices for top sales.
  • Home sales between $10 million and $20 million rose by 23%, while those over $20 million increased by 40% in early 2025.
  • A new zoning law may temporarily affect market dynamics, but Wall Street's influence persists.
  • Buyers in their 40s are increasingly interested, shifting from older demographics, despite economic uncertainty.