No one can argue that the Hamptons real estate market isn’t luxurious and exclusive, but what makes it stand out from other elite markets like Miami, Los Angeles, or Palm Springs?
Top Hamptons agents have something to say about that. In the recently published Hamptons Design Guide 2022, they shared exclusively what makes this high-end New York area unique on a national scale.
“The combination of the countryside, the seaside, and the light, along with sophisticated and accomplished people. There is no other place like it.” – Pat Garrity, The Corcoran Group
“Buyers in the Hamptons are more discerning than in other markets. High expectations lead to a high yield on investments.” –Stacy Meyrowitz, Douglas Elliman
“It’s the premier playground for the greatest city on earth. Affluent New Yorkers are not going to start
moving to New Jersey.” – Keith Green, Sotheby’s International Realty
“The proximity to New York City. In an hour and a half, you can be sitting on the beach.” – Ann Ciardullo, Sotheby’s International Realty
“Wall Street drives our prices, so it’s a much different market. People tend to think of the Hamptons as just a second-home market, but it’s not—it’s a resort area. Prices are X in Miami and XX in Miami Beach, and the same goes here.” – Bill Willams, Compass