If you live in The Hamptons and you have been watching the "For Sale" signs lately, here is the honest read: the market is taking a breather. That is not panic - it is just the reality of where we are sitting right now. But the story is different depending on whether we are talking about a house or a condo, so let us break it down.
Houses in The Hamptons are averaging a sale price of $511,300 this month - down 6.4% from last month. That is a number worth paying attention to. Listings are sitting at $517,140 on average, and homes are selling for about 98.90% of list price. Translation: buyers are negotiating, and they are winning small concessions.
Forty-five days on market is the number that tells the real story. Jamieson Place is moving homes in 32 days. Glastonbury is doing it in 34. We are sitting at 45. That gap means buyers in The Hamptons have more time to think, more room to negotiate, and less pressure to jump. For sellers, that means pricing sharp from day one matters more than ever right now.
The good news? The predicted market value for houses sits at $593,860 - up from the 3-month moving average of $589,535. So the underlying value trend is still pointing in the right direction. And with a rental yield of 5.53%, anyone holding a house here as an investment is doing just fine.
On the neighbourhood leaderboard, Hamptons houses rank 121 out of 292 for growth in Edmonton - solidly above average. Price rank is 123 out of 285. We are not leading the pack, but we are not chasing it either.
The condo picture this month looks rougher on the surface. Average sale price came in at $248,000 - down 28.8% from last month. Before that number sends anyone into a spin, context matters: only 2 condos sold this month. With that few transactions, one outlier sale can swing the average hard. Do not read too much into a single month.
Condos are also sitting on the market for 46 days on average - longer than both Jamieson Place and Glastonbury. The sale-to-list ratio of 95.78% means buyers are getting roughly $12,000 off asking on a typical deal. That is real money.
Here is where it gets interesting for condo owners though. The predicted market value is $306,404 - up from a 3-month moving average of $300,500. Recent value change is 3.21%, and on the Edmonton neighbourhood leaderboard, Hamptons condos rank 60 out of 302 for growth. That puts us in the top 20% of the city. The short-term sales data is soft, but the underlying value trend is genuinely strong.
Rental yield on condos is 4.17% with an estimated rent of $1,631 per month. Moderate, but steady. And compared to nearby Glastonbury condos at a predicted value of $250,840, Hamptons condos are holding a clear premium.
Here is something most homeowners in The Hamptons do not realize until it is too late. The city's assessed value for a house here averages $519,768. The average HonestDoor Price? $592,205. That is a gap of nearly $72,000 - or 13.94% higher than what the city has on file.
For condos, the gap is even wider. City assessment averages $256,585. The HonestDoor Price averages $307,017 - that is 19.65% higher. Almost $50,000 that the government's number is simply not capturing.
Why does this matter? Because the city's assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last Tuesday. The HonestDoor Price pulls from current market data and gives you a real-world check on what your property is actually worth today - not what a bureaucrat estimated months ago. If you are making any financial decision tied to your home's value - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the number you want in front of you.
If you are a homeowner in The Hamptons thinking about listing this summer, here is the straight talk.
The market is not broken - it is just more balanced than it was. Buyers have options and they know it. Forty-five days on market and a sub-99% sale-to-list ratio means you cannot just throw a number on the sign and wait. Pricing strategy is everything right now.
The encouraging part is that The Hamptons still commands a premium over most of its neighbours. Houses here are selling above Jamieson Place ($432,194) and Glastonbury ($485,000). The neighbourhood's 134 house transactions in 2026 and a total transaction rank of 6 in Edmonton means this is one of the most actively traded neighbourhoods in the city. Buyers are still coming here - they are just more patient than they used to be.
For condo owners, the low transaction volume this month makes it harder to read the room. But the predicted value trend is climbing and the growth rank of 60 out of 302 is genuinely strong. If you can wait for a busier month, the data suggests the value is there.
Bottom line: check your HonestDoor Price before you do anything else. If your house is sitting closer to $592,000 in real-world value while your assessment says $519,000, that gap is your starting point for every conversation - with your agent, your bank, and your buyer.
the hamptons | edmonton | august 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.