The Wall Street Journal recently reported that in 2019, 30 homes priced at $10M+ sold in the Hamptons. So far this year? 93.
That’s more than 3x, and nearby Greenwich, CT is seeing similar strength at the top of the market. The challenge there isn’t demand, but supply: buyers want turn-key, mint-condition homes in prime locations. Properties that need major renovation are lagging behind.
I don’t work in the Hamptons or Greenwich, but these trends ripple outward. Many of those same buyers live (or start) in Westchester, where I do. And when the ultra-luxury segment moves like this, it often signals confidence across the broader market.
Even if your budget isn’t $10M+, the takeaway is relevant:
✔️ Quality and condition matter. Buyers still pay a premium for move-in-ready.
✔️ Desirable locations remain resilient.
✔️ Demand for lifestyle-driven properties continues, especially those offering space, amenities, and convenience to NYC.
Strong luxury activity reflects continued depth in buyer demand, not just at the top, but across the market. “Luxury” isn’t just about price, it’s about how people want to live.
Read the full article here: LINK TO WSJ ARTICLE
Contact me, Amie Pisano, to talk more about your real estate goals, the Westchester County market, and beyond.
📧 Email: [email protected]
📞 Phone: 914-715-2632
