Forty-four homes changed hands in the first quarter at a record median of $4,450,000 — up 11% from the previous record and 37% over Q1 2025. Fewer sales, bigger checks: $238.7 million in volume on 44 trades, versus $211.5 million on 48 a year ago. The top end did the lifting. Surfside's five sales averaged $7.4 million, Town's eight closings set their own record median at $5.1 million, and 'Sconset's lone trade cleared $6.8 million.

But the record is a top-heavy statistic, not an island-wide one. Homes took nine months from list to close — two months longer than last year — and sellers gave up 6% off ask on average, 9% off original price. Land cooled sharply: seven lots at a median of $1.49 million, down from $2 million a year ago. The honest read: trophy properties are setting records while everything else rewards the patient, well-advised buyer. Source: LINK MLS Quarterly Sales Summary, Q1 2026.