Hamptons Real Estate Market Report 2014 vs 2015

Page 1

hamptons real estate market report 2014 vs. 2015

amagansett bridgehampton east hampton hampton bays

montauk napeague north haven quogue

remsenburg sagaponack sag harbor shelter island

SaundersMarketReport.com

southampton wainscott water mill westhampton


The Most Effective Brokerage Firm In The Hamptons

40% Involved in

of all transactions from Southampton to Montauk

Representing more than

$2 BILLION of Hamptons Real Estate

TABLE OF CONTENTS 3 5

ALL HAMPTONS REMSENBURG

6

WESTHAMPTON

7

WESTHAMPTON BEACH

8

QUIOGUE

9

QUOGUE

10

EAST QUOGUE

11

HAMPTON BAYS

12

SOUTHAMPTON

13

SOUTHAMPTON VILLAGE

14

WATER MILL

15

BRIDGEHAMPTON

18

SAG HARBOR

19

SAG HARBOR VILLAGE

20

NORTH HAVEN

21

SHELTER ISLAND

22

VILLAGE OF SAGAPONACK

23

WAINSCOTT

24

EAST HAMPTON

25

EAST HAMPTON VILLAGE

26

SPRINGS

27

EAST HAMPTON NORTHWEST

28

AMAGANSETT

29 MONTAUK

2

30

CONDO/COOP SALES

31

LAND & COMMERCIAL SALES

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

we understand... hamptons real estate Saunders & Associates was launched in 2008 in the midst of the global financial crisis. Led by Andrew Saunders, the firm has risen to become the most effective and largest locally owned brokerage firm in the Hamptons, exclusively representing $2 billion worth of Hamptons real estate. The firm continues to grow, has attracted 180 agents thus far and has expanded with offices in Southampton Village, Bridgehampton and East Hampton. 2015 was another significant year for the firm. We transacted $1.4 billion in Hamptons properties and were involved in 5 of the top 15 sales including the highest priced transaction, a $57.3M oceanfront property in East Hampton Village. The firm also opened an elegant 5,200 sq. ft. East Hampton office and was involved in 40% of all transactions from Southampton to Montauk. Executing a model that is unique in the industry, Saunders educates and empowers its agents to better serve their customers and clients and become trusted advisors. We mobilize significant creative and financial resources behind our agents to enhance their ability to get their listings seen and sold and provide a higher form of realty.


all hamptons 2014 vs. 2015 HOME SALES PRICE CATEGORY

2014 SALES

2015 SALES

% DIFFERENCE

1,246

1,106

-12%

$1M - $1.99M

548

525

-5%

$2M - $2.99M

232

213

-10%

$3M - $4.99M

196

174

-13%

$5M - $9.99M

108

108

1%

$10M - $14.99M

29

32

9%

OVER $15M

25

24

-4%

HOMES

2014

2015

% DIFFERENCE

$999K

2%

Under $1M

2014 vs. 2015 HOME SALES

2%

MEDIAN PRICE

9%

Median Price Sales Transactions Dollar Volume

$975K 2,384

2,182

-9%

$4.661B

$4.35B

-7%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

2015

% DIFFERENCE

$668K

$755K

13%

168

200

16%

$223M

66%

$131.30M

10 Year Analysis - Homes/Condo/Coop Sales Volume

SALES TRANSACTIONS

7%

DOLLAR VOLUME TOP 5 SALES - 2015 PROPERTY ADDRESS

10 Year Analysis - Homes/Condo/Coop

SOLD PRICE

226 Further Lane

$57,300,000

16 Cliff Drive

$48,700,000

28 Gin Lane

$40,000,000

1100 Meadow Lane

$38,000,000

784 Meadow Lane

$37,000,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

3


www.saundersmarketreport.com

4

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


remsenburg

2015 HOME SALES

2014 vs. 2015 HOME SALES

17

%

MEDIAN PRICE

12

%

SALES TRANSACTIONS

2014 vs. 2015 HOME SALES PRICE CATEGORY

Under $1M

2014 SALES

2015 SALES

% DIFFERENCE

32

21

-34%

$1M - $1.99M

5

12

140%

$2M - $2.99M

4

1

-75%

$3M - $4.99M

1

2

100%

$5M - $9.99M

0

1

100%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

$698K

$820K

17%

42

37

-12%

$38M

$50M

32%

32%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

46 Club Lane

$7,600,000

5 Cross Road

$4,350,000

30 Cedar Lane

$4,325,000

104 South Country Road

$2,250,000

26 Remsen Lane

$1,980,999

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

5


westhampton

2015 HOME SALES

2014 vs. 2015 HOME SALES

10

%

MEDIAN PRICE

28

%

SALES TRANSACTIONS

2014 vs. 2015 HOME SALES PRICE CATEGORY

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

Under $1M

47

33

-30%

$1M - $1.99M

11

5

-55%

$2M - $2.99M

3

5

67%

$3M - $4.99M

0

1

100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

Median Price Sales Transactions Dollar Volume

13%

2014 SALES

% DIFFERENCE

$729K

$804K

10%

61

44

-28%

$53M

$46M

-13%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$560K 13 $7.10M

2015

% DIFFERENCE

$545K 9 $4.22M

-3% -31% -41%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

6 Apaucuck Point Lane

$4,374,000

27A Brushy Neck Lane

$2,975,000

69 Shore Road

$2,975,000

18 Pine Tree Lane

$2,700,000

55 Tanners Neck Lane

$2,425,000

Recession 12/07– 6/09

Median Price Number of Sales

6

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


westhampton beach

2015 HOME SALES

2014 vs. 2015 HOME SALES

15

%

MEDIAN PRICE

1

%

SALES TRANSACTIONS

2014 vs. 2015 HOME SALES PRICE CATEGORY

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

Under $1M

39

35

-10%

$1M - $1.99M

25

37

48%

$2M - $2.99M

10

8

20%

$3M - $4.99M

7

5

29%

$5M - $9.99M

2

2

0%

$10M - $14.99M

0

1

100%

OVER $15M

-

-

-

HOMES

2014

2015

% DIFFERENCE

$1.05M

$1.21M

15%

83

82

-1%

$120M

$128M

7%

Median Price Sales Transactions Dollar Volume

7%

2014 SALES

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

2015

% DIFFERENCE

$610K

$590K

-3%

31

45

45%

$20.64M

$27.03M

31%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

173 Dune Road

$14,000,000

239 Oneck Lane

$5,500,000

107 Dune Road

$5,100,000

4 Hampton Close

$4,400,000

13 Stacy Drive

$4,390,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

7


quiogue

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

13

%

MEDIAN PRICE

36

%

SALES TRANSACTIONS

Under $1M

2014 SALES

2015 SALES

% DIFFERENCE

14

8

-43%

$1M - $1.99M

6

3

-50%

$2M - $2.99M

1

1

0%

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

$697K

$790K

13%

22

14

-36%

$21M

$19M

-10%

10%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

777 Montauk Highway

$ 3,300,000

57 Alden Lane

$ 3,060,000

16 Saint George Place

$ 2,975,000

25 Quantuck Bay Lane

$ 1,825,000

8 Delafield Street

$ 1,695,000

Recession 12/07– 6/09

Median Price Number of Sales

8

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


quogue

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

19

%

MEDIAN PRICE

22%

SALES TRANSACTIONS

25

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

Under $1M

27

15

-44%

$1M - $1.99M

24

22

-8%

$2M - $2.99M

9

7

-22%

$3M - $4.99M

9

12

33%

$5M - $9.99M

7

6

-14%

$10M - $14.99M

3

0

-100%

OVER $15M

-

-

-

HOMES

2014

2015

$1.48M

$1.76M

19%

79

62

-22%

$190M

$143M

-25%

Median Price Sales Transactions Dollar Volume

%

2014 SALES

% DIFFERENCE

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$994K 4 $4.14M

2015

% DIFFERENCE

$999K 9 $7.68M

1% 125% 85%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

20 Quogo Neck Lane

$6,350,000

17 Quogo Neck Lane

$6,236,000

47 Shinnecock Road

$5,419,000

11 Bay Road

$5,400,000

144 Dune Road

$5,375,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

9


east quogue

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

28

%

MEDIAN PRICE

12

%

SALES TRANSACTIONS

21%

DOLLAR VOLUME

Under $1M

2014 SALES

2015 SALES

% DIFFERENCE

101

76

-25%

$1M - $1.99M

6

16

167%

$2M - $2.99M

0

1

100%

$3M - $4.99M

0

1

100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

% DIFFERENCE

$455K

$581K

28%

Sales Transactions

107

94

-12%

Dollar Volume

$58M

$70M

21%

Median Price

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$318K 3 $868K

2015

% DIFFERENCE

$330K 5 $1.66M

4% 67% 91%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

62 Sunset Avenue

$4,500,000

52 Sunset Avenue

$2,070,000

49 Indian Run

$1,925,000

3 Sunset Avenue

$1,861,500

30 Weesuck Avenue

$1,625,000

Recession 12/07– 6/09

Median Price Number of Sales

10

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


hampton bays

2015 HOME SALES

2014 vs. 2015 HOME SALES

9

%

MEDIAN PRICE

11

%

SALES TRANSACTIONS

2%

DOLLAR VOLUME

2014 vs. 2015 HOME SALES PRICE CATEGORY

2015 SALES

% DIFFERENCE

245

213

-13%

$1M - $1.99M

10

14

40%

$2M - $2.99M

2

2

0%

$3M - $4.99M

0

1

100%

$5M - $9.99M

1

0

-100%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

Under $1M

Median Price Sales Transactions Dollar Volume

2014 SALES

% DIFFERENCE

$378K

$413K

9%

258

230

-11%

$126M

$123M

-2%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$268K 4 $1.26M

2015

% DIFFERENCE

$655K

145%

1 $655K

-75% -48%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

106 Newtown Road

$3,300,000

103 Inlet Road West

$2,470,000

98 Red Creek Road

$2,150,000

27 Rampasture Road

$1,925,000

1 Peconic Road

$1,800,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

11


southampton

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

0

%

MEDIAN PRICE

6

%

SALES TRANSACTIONS

Under $1M

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

141

144

2%

$1M - $1.99M

47

54

15%

$2M - $2.99M

15

21

40%

$3M - $4.99M

9

8

-11%

$5M - $9.99M

5

5

0%

$10M - $14.99M

0

1

100%

OVER $15M

2

0

-100%

HOMES

Median Price Sales Transactions Dollar Volume

5%

2014 SALES

2014

2015

% DIFFERENCE

$800K

$800K

0%

219

233

6%

$310M

$296M

-5%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$673K 8 $5.71M

2015

% DIFFERENCE

$635K

-6%

13

63%

$7.71M

35%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS 37 West Neck Lane

SOLD PRICE $10,000,000

27 Cedar Crest Road (July)

$8,789,000

27 Cedar Crest Road (Feb)

$7,550,000

1755 Noyac Road

$7,500,000

225 Edge Of Woods Road

$5,685,000

Recession 12/07– 6/09

Median Price Number of Sales

12

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


southampton village

2015 HOME SALES

2014 vs. 2015 HOME SALES

29

%

MEDIAN PRICE

19

%

SALES TRANSACTIONS

2%

DOLLAR VOLUME

2014 vs. 2015 HOME SALES PRICE CATEGORY

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

30

19

-37%

$1M - $1.99M

50

33

-34%

$2M - $2.99M

20

23

15%

$3M - $4.99M

24

19

-21%

$5M - $9.99M

21

15

-29%

$10M - $14.99M

1

6

500%

OVER $15M

7

9

29%

HOMES

2014

2015

$1.86M

$2.4M

29%

153

124

-19%

$610M

$599M

-2%

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

2015

% DIFFERENCE

$1.00M

$1.20M

20%

59 $66.50M

43 $59.83M

-27% -10%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

28 Gin Lane

$40,000,000

1100 Meadow Lane

$38,000,000

784 Meadow Lane

$37,000,000

1820 Meadow Lane

$25,000,000

350 Wickapogue Road

$20,700,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

13


water mill

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

12

%

MEDIAN PRICE

0

%

SALES TRANSACTIONS

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

Under $1M

20

18

-10%

$1M - $1.99M

23

21

-9%

$2M - $2.99M

27

20

-26%

$3M - $4.99M

16

23

44%

$5M - $9.99M

10

15

50%

$10M - $14.99M

6

5

-17%

OVER $15M

1

1

0%

HOMES

2014

2015

$2.33M

$2.6M

12%

103

103

0%

$346M

$371M

7%

Median Price Sales Transactions Dollar Volume

7%

2014 SALES

% DIFFERENCE

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

2015

$1.01M

$1.10M

2 $2.02M

% DIFFERENCE

5 $6.38M

9% 150% 216%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

493 Rose Hill Road

$29,500,000

326 Cobb Road

$13,000,000

112 Olivers Cove Lane

$11,800,000

179 Davids Lane

$11,000,000

249 Jobs Lane

$11,000,000

Recession 12/07– 6/09

Median Price Number of Sales

14

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


bridgehampton

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

45

%

MEDIAN PRICE

13

%

SALES TRANSACTIONS

41%

DOLLAR VOLUME

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

16

11

-31%

$1M - $1.99M

35

31

-11%

$2M - $2.99M

16

18

13%

$3M - $4.99M

17

24

41%

$5M - $9.99M

16

21

31%

$10M - $14.99M

3

10

233%

OVER $15M

2

4

100%

HOMES

2014

2015

Median Price Sales Transactions Dollar Volume

$2.07M

% DIFFERENCE

$3M

45%

105

119

13%

$384M

$541M

41%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$600K 3 $2.05M

2015

% DIFFERENCE

0

-100%

0

-100%

0

-100%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

263 Surfside Drive

$27,500,000

377 Jobs Lane

$23,000,000

233 Surfside Drive

$17,800,000

191 Mid Ocean Drive

$16,240,000

296 Surfside Drive

$14,900,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

15


$70,000,000 | East Hampton

$24,500,000 | Bridgehampton

$21,950,000 | Water MIll

$19,950,000 | Wainscott

$19,950,000 | Sagaponack

$13,833,000 | Amagansett

$12,995,000 | Bridgehampton

$12,250,000 | Southampton

$12,500,000 | Water Mill

$12,500,000 | Bridgehampton

OUR TO $8,750,000 | Southampton

$7,950,000 | Bridgehampton

$7,895,000 | Southampton

$7,500,000 | East Hampton

IN 2

Our Brokers Ar To Create And In Every Pr $6,500,000 | East Hampton

$6,490,000 | Amagansett

$5,999,000 | East Hampton

$5,990,000 | East Hampton

HamptonsRe Saunde

A selection of some of o Prices noted were

$4,995,000 | Bridgehampton

$4,650,000 | East Hampton

$4,500,000 | Water Mill

$4,495,000 | Bridgehampton

$4,195,000 | East Hampton

$3,995,000 | Water Mill

$3,988,000 | East Hampton

$3,900,000 | East Hampton

$3,895,000 | Water Mill

$3,595,000 | Wainscott

$3,595,000 | Westhampton

$3,495,000 | Southampton

$3,395,000 | Shelter Island

$3,395,000 | Montauk

16

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


$17,995,000 | Southampton

$16,900,000 | Sagaponack

$16,250,000 | Wainscott

$14,900,000 | Bridgehampton

$13,995,000 | Southampton

$17,995,000 | Southampton

$9,995,000 | Sagaponack

$9,995,000 | Sagaponack

$8,795,000 | Water Mill

$8,750,000 | Sagaponack

$6,975,000 | East Hampton

$6,950,000 | Amagansett

$6,950,000 | Southampton

$6,750,000 | Water Mill

$5,750,000 | East Hampton

$5,395,000 | Montauk

$4,999,999 | Bridgehampton

$4,995,000 | Southampton

$4,495,000 | Amagansett

$4,475,000 | Bridgehampton

$4,395,000 | Water Mill

$4,250,000 | Water Mill

$3,795,000 | Water Mill

$3,695,000 | East Hampton

$3,650,000 | Water Mill

$3,600,000 | Southampton

$3,595,000 | Sag Harbor

$3,350,000 | Amagansett

$3,300,000 | Montauk

$3,295,000 | Amagansett

$3,295,000 | Water Mill

$3,295,000 | Amagansett

OP SALES

2015

re Empowered d Enable Deals rice Range.

ealEstate.com ers.com

our 2015 transactions. e last asking price.

17


sag harbor

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

14

%

MEDIAN PRICE

6

%

SALES TRANSACTIONS

DOLLAR VOLUME

2015 SALES

% DIFFERENCE

Under $1M

66

74

12%

$1M - $1.99

24

30

25%

$2M - $2.99

9

7

-22%

$3M - $4.99

7

3

-57%

$5M - $9.99M

1

0

-100%

$10M - $14.99M

1

0

-100%

Over $15M

-

-

-

2014

2015

$763K

$873K

14%

108

114

6%

$139M

$121M

HOMES

Median Price Sales Transactions Dollar Volume

13%

2014 SALES

% DIFFERENCE

-13%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$775K 1 $775K

2015

% DIFFERENCE

0

-100%

0

-100%

0

-100%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

25 Peconic Avenue

$4,700,000

36 Old Noyack Path

$3,700,000

16 Ruggs Path

$3,000,000

12 Harrys Lane

$2,500,000

17 Sims Drive

$2,250,000

Recession 12/07– 6/09

Median Price Number of Sales

18

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


sag harbor village

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

0

%

MEDIAN PRICE

10

%

SALES TRANSACTIONS

1%

DOLLAR VOLUME

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

39

31

-21%

$1M - $1.99

26

26

0%

$2M - $2.99

13

7

-46%

$3M - $4.99

7

12

71%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

0

1

100%

Over $15M

-

-

-

2014

2015

HOMES

Median Price Sales Transactions Dollar Volume

$1.20M

$1.20M

87

78

$139M

$140M

% DIFFERENCE

0% -10% 1%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$535K 2 $1.07M

2015

% DIFFERENCE

$1.89M

254%

42 $91.43M

2000% 8445%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS 71 Glover Street

SOLD PRICE $13,770,000

15 Church, Unit PH412

$5,770,000

15 Church, Unit PH404

$5,500,000

22 Latham Street

$5,200,000

23 Notre Dame Road

$4,600,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

19


north haven

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

38

%

MEDIAN PRICE

23

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

8

15

88%

$1M - $1.99

12

12

0%

$2M - $2.99

11

4

-64%

$3M - $4.99

6

1

-83%

$5M - $9.99M

6

1

-83%

$10M - $14.99M

-

-

-

Over $15M

1

1

0%

2014

2015

% DIFFERENCE

$2.28M

$1.42M

-38%

44

34

-23%

$139M

$68M

-51%

HOMES

Median Price Sales Transactions Dollar Volume

51%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS 60 Forest Road

SOLD PRICE $16,500,000

21 Bay View Court

$5,100,000

15 Seaponack Drive

$4,925,000

94 Fresh Pond Road

$2,875,000

47 North Haven Way

$2,400,000

Recession 12/07– 6/09

Median Price Number of Sales

20

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


shelter island

2015 HOME SALES

2014 vs. 2015 HOME SALES

6

%

MEDIAN PRICE

7

%

SALES TRANSACTIONS

2014 vs. 2015 HOME SALES PRICE CATEGORY

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

43

57

33%

$1M - $1.99

16

10

-38%

$2M - $2.99

6

9

50%

$3M - $4.99

4

3

-25%

$5M - $9.99M

5

0

-100%

$10M - $14.99M

-

-

-

Over $15M

-

-

-

2014

2015

$825K

$775K

-6%

74

79

7%

$116M

$85M

HOMES

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

-27%

27%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

55 Shore Road

$3,300,000

52 Gardiners Bay Drive

$3,200,000

60 Gardiners Bay Drive

$3,050,000

26 Tuthill Drive

$2,900,000

65 South Menantic Road

$2,900,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

21


village of sagaponack

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

37

%

MEDIAN PRICE

36

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

-

-

-

$1M - $1.99

3

3

0%

$2M - $2.99

1

2

100%

$3M - $4.99

10

2

-80%

$5M - $9.99M

7

11

57%

$10M - $14.99M

7

1

-86%

Over $15M

5

2

-60%

2014

2015

HOMES

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

$5.55M

$7.58M

37%

33

21

-36%

$286M

$147M

-49%

49%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

233 Hedges Lane

$18,100,000

51 Trees Lane

$15,410,000

25 Potato Lane

$12,000,000

105 Old Barn Lane

$9,450,000

55 Trees Lane

$9,300,000

Recession 12/07– 6/09

Median Price Number of Sales

22

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


wainscott

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

2

%

MEDIAN PRICE

34

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

8

4

-50%

$1M - $1.99

12

11

8%

$2M - $2.99

8

4

50%

$3M - $4.99

7

4

-43%

$5M - $9.99M

1

0

-100%

$10M - $14.99M

1

0

-100%

Over $15M

1

2

100%

2014

2015

$1.853M

$1.810M

HOMES

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

-2%

38

25

-34%

$112M

$81M

-28%

28%

DOLLAR VOLUME TOP 5 SALES - 2015 PROPERTY ADDRESS

10 Year Analysis - Homes/Condo/Coop

SOLD PRICE

28 Association Road

$16,900,000

115 Beach Lane

$16,500,000

118 Wainscott Main Street

$4,995,000

2 Oakwood Court

$4,850,000

70 Westwood Road

$4,350,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

23


east hampton

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

4

%

MEDIAN PRICE

.2

%

SALES TRANSACTIONS

10%

DOLLAR VOLUME

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

266

257

-3%

$1M - $1.99

109

112

3%

$2M - $2.99

22

24

9%

$3M - $4.99

19

20

5%

$5M - $9.99M

1

2

100%

$10M - $14.99M

-

-

-

Over $15M

0

1

100%

2014

2015

HOMES

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

$825K

$862K

4%

417

416

-.2%

$453M

$500M

10%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

$715K 11 $8.07M

2015

% DIFFERENCE

$793K 7 $6.32M

11% -36% -22%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS 249 Further Lane

SOLD PRICE $28,500,000

7 Rolling Wood Lane

$5,795,000

92 Runnymeade Drive

$5,550,000

105 Cove Hollow Road

$4,500,000

1074 Springs Fireplace Road

$4,450,000

Recession 12/07– 6/09

Median Price Number of Sales

24

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


east hampton village

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

39

%

MEDIAN PRICE

13

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

11

6

-45%

$1M - $1.99

16

13

-19%

$2M - $2.99

15

8

-47%

$3M - $4.99

15

13

-13%

$5M - $9.99M

10

19

90%

$10M - $14.99M

4

4

0%

Over $15M

5

3

-40%

2014

2015

% DIFFERENCE

$2.55M

$3.55M

39%

76

66

-13%

$455M

$366M

-20%

HOMES

Median Price Sales Transactions Dollar Volume

20%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

226 Further Lane

$57,300,000

23 Hedges Lane

$22,050,000

102 Lily Pond Lane

$16,500,000

40 Lee Avenue

$14,625,000

6 Sarahs Way

$13,437,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

25


springs

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

10

%

MEDIAN PRICE

15

%

SALES TRANSACTIONS

Under $1M

DOLLAR VOLUME TOP 5 SALES - 2015

26

PROPERTY ADDRESS

SOLD PRICE

1074 Springs Fireplace Road

$4,450,000

24 Farm House Lane

$3,150,000

284 Old Stone Highway

$2,450,000

96 Waters Edge

$1,720,000

757 Springs Fireplace Road

$1,550,000

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

2015 SALES

% DIFFERENCE

101

88

-13%

$1M - $1.99M

21

17

-19%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

3

2

-33%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

$625K

$685K

10%

127

108

-15%

$103M

$86M

-17%

Median Price Sales Transactions Dollar Volume

17%

2014 SALES

% DIFFERENCE


east hampton northwest

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

2

%

MEDIAN PRICE

23

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

52

66

27%

$1M - $1.99M

37

47

27%

$2M - $2.99M

9

10

11%

$3M - $4.99M

10

10

0%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

HOMES

2014

2015

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

$1.09M

$1.07M

-2%

109

134

23%

$157M

$183M

17%

17%

DOLLAR VOLUME TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

7 Rolling Wood Lane

$5,795,000

390 Hands Creek Road

$4,250,000

183 Bull Path

$4,100,000

233 Cedar Street

$4,075,000

11 Quarty Court

$3,852,505

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

27


amagansett

2015 HOME SALES

2014 vs. 2015 HOME SALES

2014 vs. 2015 HOME SALES PRICE CATEGORY

1

%

MEDIAN PRICE

24

%

SALES TRANSACTIONS

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

16

14

-13%

$1M - $1.99M

42

31

-26%

$2M - $2.99M

21

23

10%

$3M - $4.99M

27

13

-52%

$5M - $9.99M

7

6

-14%

$10M - $14.99M

3

2

-33%

Over $15M

1

0

-100%

2014

2015

HOMES

Median Price Sales Transactions Dollar Volume

$2M

% DIFFERENCE

$1.99M

-1%

117

89

-24%

$324M

$225M

-31%

31%

DOLLAR VOLUME

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

2040 Montauk Highway

$12,000,000

241 Marine Blvd

$11,700,000

158 Meeting House Lane

$8,900,000

252 Bluff Road

$6,755,000

59 Meeting House Lane

$6,300,100

Recession 12/07– 6/09

Median Price Number of Sales

28

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT


montauk

2015 HOME SALES

2014 vs. 2015 HOME SALES

8

%

MEDIAN PRICE

19% SALES TRANSACTIONS

12

%

DOLLAR VOLUME

2014 vs. 2015 HOME SALES PRICE CATEGORY

2014 SALES

2015 SALES

% DIFFERENCE

Under $1M

71

52

-27%

$1M - $1.99

33

31

-6%

$2M - $2.99

11

10

-9%

$3M - $4.99

4

3

-25%

$5M - $9.99M

6

3

-50%

$10M - $14.99M

0

1

100%

Over $15M

0

1

100%

2014

2015

$925K

$995K

125

101

-19%

$176M

$197M

12%

HOMES

Median Price Sales Transactions Dollar Volume

% DIFFERENCE

8%

2014 vs. 2015 CONDO/COOP SALES CONDO/COOP

Median Price Sales Transactions Dollar Volume

2014

2015

% DIFFERENCE

$410K

$518K

26%

31

21

-32%

$13.92M

$10.10M

-27%

10 Year Analysis - Homes/Condo/Coop TOP 5 SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

16 Cliff Drive

$48,700,000

88 Surfside Avenue

$12,500,000

644 Old Montauk Highway

$7,945,000

380 Old Montauk Highway

$7,800,000

25 Wills Point Road

$5,200,000

Recession 12/07– 6/09

Median Price Number of Sales

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

29


condo/coop sales 2014 vs. 2015 CONDO/COOP SALES

13%

MEDIAN PRICE

16%

SALES TRANSACTIONS TOP 5 CONDO/COOP SALES - 2015

66%

PROPERTY ADDRESS

DOLLAR VOLUME

SOLD PRICE

15 Church Street Unit PH41, Sag Harbor

$5,770,000

15 Church Street Unit PH404, Sag Harbor

$5,500,000

15 Church Street Unit PH402, Sag Harbor

$4,460,000

15 Church Street Unit PH300, Sag Harbor

$4,410,000

15 Church Street Unit W304, Sag Harbor

$3,990,000

2014 vs. 2015 CONDO/COOP SALES LOCATION

Westhampton

2015 DOLLAR VOLUME

% DIFFERENCE

2014 SALES

2015 SALES

% DIFFERENCE

2014 MEDIAN

2015 MEDIAN

% DIFFERENCE

$7.10M

$4.22M

-41%

13

9

-31%

$560K

$545K

-3%

$20.64M

$27.03M

31%

31

45

45%

$610K

$590K

-3%

Quogue

$4.14M

$7.68M

85%

4

9

125%

$994K

$999K

1%

East Quogue

$868K

$1.66M

91%

3

5

67%

$318K

$330K

4%

Hampton Bays

$1.26M

$655K

-48%

4

1

-75%

$268K

$655K

145%

Southampton

$5.71M

$7.71M

35%

8

13

63%

$673K

$635K

-6%

$66.50M

$59.83M

-10%

59

43

-27%

$1.00M

$1.20M

20%

Water Mill

$2.02M

$6.38M

216%

2

5

150%

$1.01M

$1.10M

9%

Bridgehampton

$2.05M

0

-100%

3

0

-100%

$600K

0

-100%

$775K

0

-100%

1

0

-100%

$775K

0

-100%

Westhampton Beach

Village of Southampton

Sag Harbor

30

2014 DOLLAR VOLUME

Sag Harbor Village

$1.07M

$91.43M

8,445%

2

42

2,000%

$535K

$1.89M

254%

East Hampton

$8.07M

$6.32M

-22%

11

7

-36%

$715K

$793K

11%

Montauk

$13.92M

$10.10M

-27%

31

21

-32%

$410K

$518K

26%

TOTAL

$131.30M

$223.00M

66%

168

200

16%

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

$668K

$755K

13%


land & commercial sales 2014 vs. 2015 LAND SALES

2014 vs. 2015 LAND SALES

25%

SALES TRANSACTIONS

40%

DOLLAR VOLUME TOP 5 LAND SALES - 2015 PROPERTY ADDRESS

SOLD PRICE

64 Further Lane, East Hampton Village $30,000,000

2014 DOLLAR VOLUME

2014 SALES

2015 SALES

$7.60M 1,627%

3

6

100%

$2.04M

$3.74M

84%

6

8

33%

$717K

$4.37M

510%

3

7

133%

Quiogue

$1.08M

$1.95M

82%

3

6

100%

Quogue

LOCATION

Remsenburg

$440K

Westhampton Westhampton Beach

2015 DOLLAR VOLUME

% DIFF.

% DIFF.

$11.60M

$6.75M

-42%

11

9

-18%

East Quogue

$6.77M

$2.25M

-67%

10

8

-20%

Hampton Bays

$8.80M

$6.86M

-22%

16

18

13%

Southampton

$58.97M

$56.26M

-5%

62

52

-16%

$115.93M

$13.23M

-89%

23

7

-70%

Water Mill

$60.55M

$26.00M

-57%

38

15

-61%

Bridgehampton

$48.19M

$78.30M

62%

19

17

-11%

Sag Harbor

$11.60M

$7.56M

-35%

15

10

-33%

Sag Harbor Village

$5.03M

$4.55M

-10%

5

8

60%

North Haven

$17.15M

$12.25M

-29%

11

7

-36%

Shelter Island

$15.57M

$6.18M

-60%

23

14

-39%

Sagaponack

$61.45M

$4.46M

-93%

12

6

-50%

Wainscott

$13.67M

$5.62M

-59%

10

5

-50%

Village of Southampton

411 Jobs Lane, Bridgehampton

$18,200,000

East Hampton

$42.24M

$40.80M

-3%

87

85

-2%

248 Moses Lane, Southampton

$10,500,000

East Hampton Village

$91.90M

$56.33M

-39%

10

8

-20%

207 Bridge Lane, Bridgehampton

$10,000,000

Amagansett

$47.89M

$22.49M

-53%

28

16

-43%

Montauk

$22.44M

$21.75M

-3%

37

14

-62%

$644.02M

$389.26M

-40%

432

326

-25%

60 Further Lane, East Hampton Village $10,000,000

TOTAL

2014 vs. 2015 COMMERCIAL SALES

2014 vs. 2015 COMMERCIAL SALES

14 10% %

SALES TRANSACTIONS

DOLLAR VOLUME

TOP 5 COMMERCIAL SALES - 2015

LOCATION

2014 DOLLAR VOLUME

2015 DOLLAR VOLUME

% DIFF.

2014 SALES

2015 SALES

% DIFF.

Westhampton

$1.41M

$2.26 M

60%

1

3

200%

Westhampton Beach

$9.93M

$26.26M

164%

13

14

8%

Quogue

$1.40M

$1.90M

36%

1

1

0%

East Quogue

$3.02M

$3.37M

12%

4

3

-25%

Hampton Bays

$6.19M

$7.27M

17%

4

10

150%

Southampton Village of Southampton Water Mill Bridgehampton

$4.40M

$19.87M

352%

2

10

400%

$16.73M

$23.42M

40%

8

11

38%

$4.55M

$7.69M

69%

1

3

200%

$7.10M

$2.20M

-69%

3

1

-67%

$.00M -100%

3

0

-100% 67%

Sag Harbor

$2.55M

Sag Harbor Village

$3.10M

$4.86M

57%

3

5

Shelter Island

$4.59M

$19.78M

331%

3

5

67%

Wainscott

$3.56M

$1.35M

-62%

3

1

-67%

PROPERTY ADDRESS

SOLD PRICE

379 Dune Road, Westhampton Beach

$18,000,000

East Hampton

$14.23M

$16.37M

15%

11

9

-18%

64 Burns Road, Shelter Island

$15,100,000

East Hampton Village

$20.39M

$8.20M

-60%

6

2

-67%

705 County Road 39A, Southampton

$8,000,000

Amagansett

$13.79M

$1.50M

-89%

5

1

-80%

281 County Road 39A, Southampton

$4,652,000

Montauk

$33.58M

$19.74M

-41%

6

9

50%

TOTAL

$150.51M

$166.02M

10%

77

88

14%

161 Second House Road, Montauk

$4,540,000

2014 vs. 2015 HAMPTONS REAL ESTATE MARKET REPORT

31


Copyright 2015. As a licensed real estate broker, Saunders & Associates is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Saunders & Associates encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All material presented in this publication is intended for informational purposes only. While this information is believed to be correct, it is presented subject to errors, omissions, change and withdrawal without notice. All material presented here is intended for informational purposes only and all outlines are approximate. Please recycle this booklet. Transaction data provided by LIRealEstateReport.com as of January 2nd, 2015. “Saunders, A Higher Form of Realty� is registered in the U.S. Patent and Trademark Office.