Times of India·3 min read·easy

Joy behar sells hamptons home for $5.65m after $10.95m asking price

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TOI REAL ESTATE DESK
Joy behar sells hamptons home for $5.65m after $10.95m asking price
AI Summary

Television host Joy Behar sold her Sag Harbor home for $5.65 million, significantly below her initial $10.95 million asking price. The sale concludes a volatile pricing strategy that saw the home's value fluctuate based on local market comps.

Why it matters

Illustrates the complexities of the luxury real estate market and the risks of 'aspirational' pricing strategies in high-end property sales.

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Joy Behar, 83, has completed the sale of her historic Sag Harbor, New York, home for $5.65 million. According to Realtor, the deal officially closed on August 28, after the four-bedroom property was marked as “pending” on July 17, signalling that the transaction had entered its final stages.The final sale price is $5.3 million below the $10.95 million Behar initially sought when she first listed the property in November 2024. However, the longtime The View host still made $900,000 more than the $4.75 million she paid for the home in 2016.The sale also marks the end of an unusual pricing strategy that saw the asking price increase by more than $1 million just months before the eventual sale.The property was once listed for nearly $11 millionBehar and her listing agents, Ed Gaetjens and John Wines of Saunders & Associates, initially placed the home on the market for $10.95 million.

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