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Mid-Range Homes Dominate East End Sales | Real Estate News

Mid-Range Homes Dominate East End Sales | Real Estate News

Published 1 month ago
Description

Forget the mega-mansions—this quarter’s hottest real estate action is happening in the mid-range, where homes priced between one and five million dollars are flying off the market. In the Hamptons, nearly 70% of sales fell in that sweet spot, while ultra-luxury deals saw a slight dip. On the North Fork, over one million dollar sales hit a record, with the one to two million bracket leading the charge. Prices are climbing thanks to bigger homes and shrinking inventory—down 10% in the Hamptons, still tight on the North Fork. Even with fewer total sales, demand’s strongest where it’s most accessible: the middle tier.

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