William Raveis’ Hamptons & North Fork Q1 Market Reports Are In

Home Sales Report for the first quarter market reports have been completed. Here are the numbers from William Ravies, formerly Town & Country, veteran broker, and queen of East End market reports, Judi Desiderio.

The Hamptons

Hamptons Real Estate Market Sees Strong Start in Q1 2025

The real estate market in the Hamptons continued to be strong in the first quarter of 2025, outperforming national home sales trends even with overall market slowdowns.

Across all Hamptons markets, total home sales volume soared more than 32% to $1.47 billion, with 26% more deals than the same quarter last year.

According to William Raveis’ statistics, the upper price ranges experienced extremely robust growth:

$3.5M–$4.99M: Sales rose 63%

$5M–$9.99M: 47% increase

$10M–$19.99M: Up 42%

$20M+: One fewer transaction than Q1 2024

This high performance indicates the continued demand for Hamptons luxury properties, with buyers continuing to be devoted to investing in the area’s premium real estate.

The North Fork

North Fork Real Estate Market Sees Strong Growth in Q1 2025

The North Fork housing market remained on its upward trend in the first quarter of 2025, building on the momentum established in the latter half of 2024. Demand remained robust across the board in all price ranges, characterized by limited supply at the lower end and phenomenal expansion of the luxury sector.

After examining the general North Fork markets, key indicators monitored by William Raveis show a solid and strong performance. The most dramatic growth occurred in the $3.5 million to $4.99 million price range, where sales rose 150%, indicating growing demand for North Fork’s luxury properties.

At the lower end of the market, homes priced under $500,000 have continued to be extremely scarce, with limited inventory stifling activity in this range. The lack of options for sale means that affordability at this level is increasingly challenging, thus pushing buyers to higher price points.

In total, Q1 2025 confirmed North Fork’s popularity with homebuyers who desire a combination of luxury, peace, and investment value. With ongoing demand and low inventory, the area is set for further robust performance during the year.

Ty Wenzel

Co-Publisher & Contributor

Ty Wenzel, a recent breast cancer survivor, started her career as a fashion coordinator for Bloomingdale’s followed by fashion editor for Cosmopolitan Magazine. She was also a writer for countless publications, including having published a memoir (St. Martin's Press) and written features for The New York Times. She is an award-winning writer and designer who covers lifestyle, real estate, architecture and interiors for James Lane Post. She previously worked as a writer and marketing director for The Independent. She has won multiple PCLI and NYPA awards for journalism, social media and design, including best website design and best magazine for James Lane Post, which she co-founded in 2020. Wenzel is also a co-founder of the meditation app for kids, DreamyKid, and the Hamptons social media agency, TWM Hamptons Social Media.