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Hamptons housing crunch forcing even wealthy buyers to settle for less-glamorous LI spot — where sales are surging
NY Post ^ | 7/25/25 | Emily Davis

Posted on 07/26/2025 3:45:50 AM PDT by Libloather

The North Fork doesn’t want to be the Hamptons 2.0, but the area’s record-setting sales say otherwise.

The 30-mile-long Long Island peninsula enjoyed another historically high season for home sales last quarter.

The North Fork earned a median sale price of $1.09 million between April and June, according to a new report by Miller Samuel for Douglas Elliman. That’s a 13% jump from last spring.

This marks the region’s third record-high quarter within the last year.

Todd Bourgard, Douglas Elliman’s CEO of Long Island, Hamptons and North Fork, told The Post that his agents are reporting lightning-fast listings that earn multiple bids on million-dollar price tags. Deep-pocketed buyers are making all-cash offers and agreeing to forgo contingencies, like home inspections.

Perhaps it’s time for the Surf Lodge to open up a North Fork location.

Strong luxury home sales and dwindling inventory in the Hamptons are sending wealthy buyers to North Fork, The Real Deal reported.

The local uptick in prices charts with excess demand in the Hamptons, report author Jonathan Miller told the outlet. Would-be Hamptons buyers with money to spend are trading Southampton for Southold and Montauk for Mattituck.

But Bourgard said that lifestyles in the two regions remain distinct. Essentially, people who want the North Fork want to live there precisely because it’s the North Fork.

“North Fork is now, and always has been, a beautiful place to live,” Bourgard said. “People are discovering it more and more every single day. We’re certainly seeing the prices going up, because, like everywhere else, it lacks inventory.”

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; History; Local News; Outdoors
KEYWORDS: hamptons; housing; sales; wealthy
And not a single person in the tri-county area cares one whit about rising sea levels.
1 posted on 07/26/2025 3:45:50 AM PDT by Libloather
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To: Libloather
Snoopy and Prickly Pete!


2 posted on 07/26/2025 3:53:08 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: Libloather

(And not a single person in the tri-county area cares one whit about RISING SEA LEVELS)

Only pretending to believe in this myth
when they are virtue-signaling at some
Leftist fundraiser


3 posted on 07/26/2025 3:56:06 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: Libloather

Or confiscatory property taxes, either.

May their chains set light upon them.


4 posted on 07/26/2025 4:00:56 AM PDT by mewzilla (Swing away, Mr. President, swing away!)
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To: Libloather

Oh the huge manatee!


5 posted on 07/26/2025 4:02:36 AM PDT by dennisw (There is no limit to human stupidity)
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To: Libloather

North Fork
No worries. Lucas and Micah will keep em straight.


6 posted on 07/26/2025 4:41:44 AM PDT by Palio di Siena (Kralik…..you get the wallet)
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To: Libloather
The 30-mile-long Long Island peninsula

A measurement on google maps indicates LI is 117 miles long. Saying it's 30 miles long reveals the ignorance of someone who is writing about a place [choose your pronouns] has never been. It takes a couple of hours by train or by car to travel the length.

7 posted on 07/26/2025 5:01:45 AM PDT by AndyJackson
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To: SaveFerris

Selling the great green scam is how they make the money to buy these properties.


8 posted on 07/26/2025 5:03:31 AM PDT by AndyJackson
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To: AndyJackson

No doubt!


9 posted on 07/26/2025 5:06:23 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: AndyJackson

“The North Fork doesn’t want to be the Hamptons 2.0, but the area’s record-setting sales say otherwise.

“The 30-mile-long Long Island peninsula enjoyed another historically high season for home sales last quarter.”

The 30 miles is of the North Fork peninsula and not of Long Island as a whole.


10 posted on 07/26/2025 5:16:47 AM PDT by Brian Griffin
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To: Libloather
Carl-Dobsky-Birds-Of-Paradise-Oil-on-Linen-60-768x546
11 posted on 07/26/2025 5:28:09 AM PDT by dynachrome (Auslander Raus!)
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To: SaveFerris

Southold has always been a very private high end area reserved for the mega rich ( Rockefeller type old money). The Hamilton’s was always the party crowd( money, but no refinement). Now it seems that the current generation will erase the true glamour and historical significance of the Long Island Sound in favor of “ new and improved “ land develop


12 posted on 07/26/2025 5:55:03 AM PDT by shadeaud (God gave us the free will and intelligence to choose right from wrong. UAse it or lose it!D)
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To: AndyJackson

I think the writer is talking about the tine , if you will, that is the North Fork itself.

There’s that northern spur at the end of Long Island.


13 posted on 07/26/2025 6:11:22 AM PDT by TalBlack (Their god is government. Prepare for a religious war.https://freerepublic.com/perl/post?id=4322961%2)
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To: TalBlack

Okay.


14 posted on 07/26/2025 6:18:06 AM PDT by AndyJackson
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To: Libloather

The North Fork is one of my favorite parts of Long Island... It is so much nicer and friendlier than the pretentious South Fork...

South is mansions, beaches and snotty rich. North is vineyards, breweries, bed-n-breakfasts, old whaling villages and bluffs... all separated by Peconic Bay...

Please, I beg of you, keep your stuck up selves to the South Fork and don’t ruin the quaint New England like North Fork...


15 posted on 07/26/2025 6:37:53 AM PDT by PigRigger
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Nothin' to do with the engineered downward spiral of NYC.

16 posted on 07/26/2025 7:28:47 AM PDT by SunkenCiv (The moron troll Ted Holden believes that humans originated on Ganymede.)
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To: AndyJackson

<>reveals the ignorance of someone . . .<>

Check your bathroom mirror for ignorance.


17 posted on 07/26/2025 1:19:12 PM PDT by Jacquerie (ArticleVBlog.com)
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To: Libloather

The Mamdani Effect.


18 posted on 07/26/2025 1:20:53 PM PDT by dfwgator (Endut! Hoch Hech!)
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