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Luxury Home Sales Surge in Hamptons Amid Low Inventory

2/10/2026

46 4 Full Breakdown

Summary

Story summary

In the Hamptons, wealthy buyers from New York and California drive real estate activity.
Gary DePersia of Corcoran reported a waterfront home renting for nearly $1 million from July to Labor Day.
Jonathan Miller, CEO of Miller Samuel, noted the median price rose to $2.34 million, up 34% from last year.
82 homes sold for over $5 million as high-end demand remains strong while inventory stays low.

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Story summary

In the Hamptons, wealthy buyers from New York and California drive real estate activity.
Gary DePersia of Corcoran reported a waterfront home renting for nearly $1 million from July to Labor Day.
Jonathan Miller, CEO of Miller Samuel, noted the median price rose to $2.34 million, up 34% from last year.
82 homes sold for over $5 million as high-end demand remains strong while inventory stays low.