Bridgehampton, NY Real Estate Listings & Homes for Sale

In October 2024, the median listing price for homes in Bridgehampton, NY, reached $6.5 million, reflecting an 8.3% increase compared to the previous year. The median listing price per square foot stood at $1,200, indicating the area's premium property values. Meanwhile, the median sold price settled at $4.2 million, suggesting a notable gap between listing and selling prices. This trend highlights potential opportunities for buyers to negotiate while underscoring Bridgehampton's position as a high-demand market within the luxury real estate sector.

In October 2024, homes in Bridgehampton, NY, sold for an average of 3.92% below the asking price, reflecting some room for buyer negotiation in this luxury market. Properties spent an average of 118 days on the market, a figure that has decreased compared to the previous month but remained consistent with last year. This slight reduction in market time indicates a steady demand for Bridgehampton homes, even as buyers take their time to close deals in this high-end market.

In October 2024, Bridgehampton, NY, was classified as a buyer's market, meaning the supply of homes outpaced buyer demand. This dynamic gives buyers an advantage, with more properties to choose from and potentially greater negotiating power. For sellers, it may require more strategic pricing and marketing efforts to stand out in this competitive environment, particularly in a luxury market where homes often take longer to sell.