Southampton Real Estate Market Trends
Market Overview for Quarter 2, 2022
Median Sale Price
11% YoY
Median Price/Sqft
15% YoY
No. of Transactions
-53% YoY
County Median Sale Price
9% YoY
In Q2, the median home sale price in Southampton was $1.4M, an increase of 11% year-over-year. By contrast, sales activity trended down with 238 deals closed, representing a decline of -53% compared to the same period last year. The median price per square foot in Q2 was $755, a change of 15% year-over-year, while the median sale price in Suffolk County was $555K.
Top Cities in Suffolk County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | East Hampton | $2,300,000 |
| 2 | Southampton | $1,412,500 |
| 3 | Southold | $915,500 |
| 4 | Huntington | $700,000 |
| 5 | Smithtown | $615,000 |
| 6 | Riverhead | $600,000 |
| 7 | Lindenhurst | $565,000 |
| 8 | Brookhaven | $460,000 |
Residential Property Types Sold in Southampton
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $1.4M | 11% | $755 | 15% | 238 |
The Q2 median sale price for Southampton houses was $1.4M, increasing 11% year-over-year. While the median for houses was trending up, condo prices in Southampton remained flat year-over-year at -.
See also
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