Hamptons Real Estate Market Report 2016 Q3

hamptons real estate market report 3RD QUARTER 2016

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

$2.25 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

16

SAG HARBOR

17

SAG HARBOR VILLAGE

18

NORTH HAVEN

19

SHELTER ISLAND

20

VILLAGE OF SAGAPONACK

21

WAINSCOTT

22

EAST HAMPTON

23

EAST HAMPTON VILLAGE

24

SPRINGS

25

EAST HAMPTON NORTHWEST

26

AMAGANSETT

27 MONTAUK

year to date market trends SALES TRANSACTIONS: With the exception of homes priced between $5M and $9.9M which showed a modest increase of 5%, the number of home transactions has decreased across all price points since 2015.

Westhampton showed the largest increase in number of sales year to date with 26%, followed by Shelter Island, which also had an impressive increase of 21% compared to last year. Sag Harbor Village and Remsenburg both had a 7% increase in sales and Springs is holding its own in sales with a small bump of 1% compared to last year.

MEDIAN PRICE:

For the first time in a number of years the overall median price in the Hamptons market has fallen, showing an aggregated decrease of 3%.

The Village of Sagaponack, which ended last year with one of the highest median prices in the country, is showing a decreased median of approximately 26%, most likely due to no sales closing above $15M in the Village this year.

Shelter Island, North Haven, Northwest East Hampton and Sag Harbor Village all are showing median price increases in 2016 of 20% of more.

LAND:

Land sales have also slowed in the Hamptons, with an overall 27% decrease in transactions.

Western Hamptons is faring better with land sales, with Westhampton, East Quogue, and Hampton Bays all showing increases in land sales transactions.

CO-OP/CONDO:

The tremendous co-op and condo growth of 2015 has slowed dramatically throughout the region with a 39% decrease in number of transactions.

all hamptons JANUARY - SEPTEMBER 2015 vs. 2016 HOME SALES PRICE CATEGORY

JANUARY JANUARY--SEPTEMBER SEPTEMBER2015 2015VS. VS.2016 2016 HOME HOMESALES SALES

13%

SALES TRANSACTIONS

3

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

841

755

-10%

$1M - $1.99M

400

349

-13%

$2M - $2.99M

163

119

-27%

$3M - $4.99M

125

94

-25%

$5M - $9.99M

75

79

5%

$10M - $14.99M

20

17

-15%

OVER $15M

15

12

-20%

Sales Transactions

1,639

1,425

Median Price

$990K

$962K

-3%

Dollar Volume

$3.03B

$2.68B

-12%

-13%

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

270

196

$319.8M

$267.8M

% DIFFERENCE

-27% -16%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES

%

MEDIAN PRICE

CONDO/COOP

Sales Transactions Median Price Dollar Volume

2015

2016

% DIFFERENCE

159

97

-39%

$775K

$575K

-26%

$175.4M

$75.6M

-57%

12%

DOLLAR VOLUME

TOP TOP55HOME HOMESALES SALESIN INQ3 Q3 PROPERTY ADDRESS

SOLD

Squabble Ln, Southampton Village

$27.5M

26 Actors Colony Rd, North Haven $23.9M 315 Rose Hill Rd, Water Mill

$22M

194 Quimby Ln, Bridgehampton

$19.5M

379 Ocean Rd, Bridgehampton

$14.6M

Transaction data provided by LIRealEstateReport.com. Data includes all 1st quarter, 2nd quarter and 3rd quarter transactions.

(H+L) = Home + Land

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

3

View Past Market Reports Online At:

www.saundersmarketreport.com

H amptons r eal e state.com WHERE THE SUMMER NEVER ENDS

remsenburg

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

7

%

SALES TRANSACTIONS

11

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

MEDIAN PRICE

2016 SALES

% DIFFERENCE

18

20

11%

$1M - $1.99M

8

9

13%

$2M - $2.99M

1

2

100%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

1

-

-100%

$10M - $14.99M

-

1 -

N/A -

30

32

7%

Median Price

$762K

$849K

11%

Dollar Volume

$41.1M

$41.6M

1%

OVER $15M

%

2015 SALES

Sales Transactions

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

1%

LAND

Sales Transactions Dollar Volume

2015

2016

5

4

$7.2M

$1.5M

% DIFFERENCE

-20% -79%

DOLLAR VOLUME

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

SOLD

46 Basket Neck Lane

$2.2M

27 Ring Neck Road

$1.6M

15 Halsey Road

$850K

4 Tall Oak Lane

$650K

129 South Country Road

$500K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

5

westhampton

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

26

%

SALES TRANSACTIONS

14%

MEDIAN PRICE

10%

DOLLAR VOLUME

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

24

28

17%

$1M - $1.99M

3

9

200%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

1

1

0%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

31

39

26%

$810K

$700K

-14%

$32.2M

$35.5M

10%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

3

4

$765K

$1.5M

% DIFFERENCE

33% 91%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

7

6

% DIFFERENCE

TOP 5 HOME SALES IN Q3

Sales Transactions

PROPERTY ADDRESS

Median Price

$545K

$354K

-35%

Dollar Volume

$3.4M

$2.4M

-30%

SOLD PRICE

396 Mill Road

$1.4M

8 Amber Lane

$1.3M

26 South Country Road

$824K

73 Tanners Neck Lane

$700K

11 North Quarter Road

$690K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

-14%

westhampton beach

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

19

%

SALES TRANSACTIONS

17

%

MEDIAN PRICE

22

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

DOLLAR VOLUME

PROPERTY ADDRESS

SOLD PRICE

% DIFFERENCE

28

26

-7%

$1M - $1.99M

25

19

-24%

$2M - $2.99M

13

5

-62%

$3M - $4.99M

5

6

20%

$5M - $9.99M

1

2

100%

$10M - $14.99M

-

-

OVER $15M

-

-

72

58

-19%

$585K

$485K

-17%

Median Price (Village)

$1.1M

$1.1M

0%

Median Price (Dunes)

$2.5M

$2M

-18%

$109.2M

$85.5M

-22%

Sales Transactions Median Price

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN Q3

2016 SALES

Under $1M

Dollar Volume

%

2015 SALES

2015

2016

6

4

$3.1M

$5.1M

% DIFFERENCE

-33% 65%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

% DIFFERENCE

34

14

-59%

713 Dune Road, WHDunes

$3.2M

Sales Transactions

26 Michaels Way, Village

$3.1M

Median Price

$938K

$775K

-17%

Median Price (Village)

$579K

$650K

12%

$20.8M

$9.9M

-52%

674 Dune Road, WHDunes

$2M

21 Aspatuck Road, Village

$1.6M

279 Mill Road, Village

$1.6M

Dollar Volume

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

7

quiogue

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

0%

SALES TRANSACTIONS

52%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

5

9

80%

$1M - $1.99M

3

-

-100%

$2M - $2.99M

1

1

0%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

10

10

0%

Median Price

$975K

$465K

-52%

Dollar Volume

$14M

$5.9M

-58%

Sales Transactions

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

58%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME TOP HOME SALES IN Q3 PROPERTY ADDRESS

2015 SALES

SOLD PRICE

61 Peters Lane

$525K

20 Jennifers Path

$505K

50 South Country Road

$425K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

5

1

$1.8M

$412K

% DIFFERENCE

-80% -76%

quogue

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

38%

SALES TRANSACTIONS

4 27% %

MEDIAN PRICE

DOLLAR VOLUME

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

SOLD PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

14

8

-43%

$1M - $1.99M

17

10

-41%

$2M - $2.99M

6

6

0%

$3M - $4.99M

9

2

-78%

$5M - $9.99M

6

5

-17%

$10M - $14.99M

-

1

N/A

OVER $15M

-

-

-

52

32

-38%

Sales Transactions Median Price

$1.1M

-

-100%

Median Price (Village)

$1.8M

$1.9M

4%

$119.4M

$86.6M

-27%

Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

7

7

$700K

$775K

% DIFFERENCE

0% 11%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

Sales Transactions

2015

2016

8

6

% DIFFERENCE

-25%

33 Old Main Road

$2.9M

Median Price

$1.04M

$1.52M

46%

26 Midland Street

$2.4M

Dollar Volume

$6.68M

$9.48M

42%

21 Edgewood Road

$2M

30 Quogue Riverhead Road

$700K

12 Old Main Road

$440K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

9

east quogue

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

9%

SALES TRANSACTIONS

5%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

55

54

-2%

$1M - $1.99M

11

8

-27%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

68

62

-9%

$536K

$562K

5%

$50.3M

$39.9M

-21%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

21%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2015

2016

6

12

$1.7M

$10.2M

% DIFFERENCE

100% 507%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

3

2

% DIFFERENCE

TOP 5 HOME SALES IN Q3

Sales Transactions

PROPERTY ADDRESS

Median Price

$325K

$301K

-7%

Dollar Volume

$975K

$603K

-38%

SOLD PRICE

6 Cherry Blossom Lane

$1.4M

1 Bayside Avenue

$1.3M

18 Lacebark Lane

$985K

38 Corbett Drive

$825K

9 Eisenhower Drive

$814K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

-33%

hampton bays

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

1

%

SALES TRANSACTIONS

0

%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

163

167

2%

$1M - $1.99M

9

9

0%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

175

177

1%

$410K

$410K

0%

$91.8M

$87.9M

-4%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

4%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

PROPERTY ADDRESS

SOLD PRICE

7 Trynz Lane

$1.6M

14 Canal Street

$840K

4 Bay Hill Road

$823K

23 Quail Run

$765K

63 Romana Drive

$757K

2016

% DIFFERENCE

12

18

50%

$4.4M

$4.8M

9%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

TOP 5 HOME SALES IN Q3

2015

Sales Transactions

2015

2016

1

6

% DIFFERENCE

500%

Median Price

$655K

$285K

-56%

Dollar Volume

$655K

$2.1M

219%

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

11

southampton

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

33%

SALES TRANSACTIONS

1%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

115

72

-37%

$1M - $1.99M

49

32

-35%

$2M - $2.99M

17

11

-35%

$3M - $4.99M

8

8

0%

$5M - $9.99M

3

2

-33%

$10M - $14.99M

-

3

N/A

OVER $15M

-

-

-

192

128

-33%

$850K

$844K

-1%

$237.1M

$199.5M

-16%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

16%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2015

2016

37

12

$43.1M

$18.6M

% DIFFERENCE

-68% -57%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

9

15

% DIFFERENCE

TOP 5 HOME SALES IN Q3

Sales Transactions

PROPERTY ADDRESS

Median Price

$629K

$635K

1%

Dollar Volume

$5.4M

$9.4M

75%

53 Fordune Drive

SOLD PRICE $10M

21 Sweetbriar Road

$6.2M

10 Millfarm Lane

$3.2M

5 Millfarm Lane

$3.15M

4 Spring Lane

$2.3M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

67%

southampton village

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

37

%

SALES TRANSACTIONS

8%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

16

10

-38%

$1M - $1.99M

22

13

-41%

$2M - $2.99M

19

13

-32%

$3M - $4.99M

11

8

-27%

$5M - $9.99M

10

9

-10%

$10M - $14.99M

4

1

-75%

OVER $15M

7

2

-71%

89

56

-37%

$2.3M

$2.1M

-8%

$403.7M

$227M

-44%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

44%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN Q3 SOLD PRICE

20 Wyandanch Lane

$11.5M

6 Fair Lea Road

$8.5M

48 Old Town Crossing

$6.7M

52 Wooley Street

$4.1M

27 Pelletreau Street

$2.6M

2015

2016

7

4

$13.2M

$24.7M

% DIFFERENCE

-43% 86%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

PROPERTY ADDRESS

2015 SALES

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

32

9

% DIFFERENCE

-72%

$1.1M

$1.2M

4%

$42.4M

$11.8M

-72%

13

water mill

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

33

%

SALES TRANSACTIONS

7

%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

DOLLAR VOLUME

14

5

-64%

$1M - $1.99M

16

15

-6%

$2M - $2.99M

16

7

-56%

$3M - $4.99M

17

9

-47%

$5M - $9.99M

9

12

33%

$10M - $14.99M

3

-

-100%

OVER $15M

1

3

200%

76

51

-33%

$2.3M

$2.5M

7%

$257.9M

$214.7M

-17%

Sales Transactions Median Price

LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN Q3 SOLD PRICE $22M

Sales Transactions Median Price Dollar Volume

$7M

25 Wood Edge Court

$6.5M

1140 Old Sag Harbor Road

$5.7M

53 Davids Lane

$5.7M

2015

2016

12

11

$16.4M

$46.2M

% DIFFERENCE

-8% 181%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

56 Mecox Lane

% DIFFERENCE

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

17

315 Rose Hill Road

2016 SALES

Under $1M

Dollar Volume

%

PROPERTY ADDRESS

2015 SALES

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

3

2

% DIFFERENCE

-33%

$1.1M

$2.1M

91%

$3.9M

$4.2M

9%

bridgehampton

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

27

%

SALES TRANSACTIONS

26

%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

8

9

13%

$1M - $1.99M

23

20

-13%

$2M - $2.99M

15

5

-67%

$3M - $4.99M

17

11

-35%

$5M - $9.99M

13

10

-23%

$10M - $14.99M

6

4

-33%

OVER $15M

2

2

N/A

84

61

-27%

$2.8M

$2.1M

-26%

$348.5M

$247.2M

-29%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

29

%

LAND

Sales Transactions Dollar Volume

2015

2016

16

5

$60.1M

$13.1M

% DIFFERENCE

-69% -78%

DOLLAR VOLUME TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

SOLD PRICE

379 Ocean Road

$14.6M

793 Ocean Road

$11M

217 Highland Terrace

$9M

86 Birchwood Lane

$3.2M

290 Lumber Lane

$2.2M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

15

sag harbor

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

3%

SALES TRANSACTIONS

6

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

60

51

-15%

$1M - $1.99M

20

18

-10%

$2M - $2.99M

4

10

150%

$3M - $4.99M

3

2

-33%

$5M - $9.99M

-

3

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

87

84

-3%

$825K

$873K

6%

$90.1M

$107.7M

20%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

20

%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

2015 SALES

SOLD PRICE

57 Peconic Avenue

$5.5M

2718 Noyac Road

$2.5M

20 Lily Pond Drive

$1.6M

77 Cedar Point Lane

$1.5M

19 Club Lane

$1.2M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

8

9

$5.3M

$5.2M

% DIFFERENCE

13% -1%

sag harbor village

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

7

%

SALES TRANSACTIONS

19

%

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

24

17

-29%

$1M - $1.99M

20

27

35%

$2M - $2.99M

5

3

-40%

$3M - $4.99M

9

11

22%

$5M - $9.99M

-

5

N/A

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

59

63

7%

$1.2M

$1.4M

19%

$105.7M

$127.9M

21%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2015 SALES

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

21

%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN Q3

Sales Transactions

PROPERTY ADDRESS

Median Price

21 West Water Street PH C

$5.8M

28 Long Point Road

$5.5M

98 Bay Street

$4.8M

165 Main Street

$4.4M

19 Howard Street

$3.3M

2016

8

2

$5M

$1.4M

% DIFFERENCE

-75% -72%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

SOLD PRICE

2015

Dollar Volume

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

% DIFFERENCE

38

18

-53%

$1.8M

$470K

-73%

$78.3M

$15.9M

-80%

17

north haven

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

0

%

SALES TRANSACTIONS

67

%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

3

-75%

$1M - $1.99M

9

9

0%

$2M - $2.99M

4

6

50%

$3M - $4.99M

-

3

N/A

$5M - $9.99M

1

5

400%

$10M - $14.99M

-

-

-

OVER $15M

1

1

0%

27

27

0%

$1.4M

$2.3M

67%

$55.2M

$99M

79%

Sales Transactions Median Price

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME TOP 5 HOME SALES IN Q3

22 Bay View Court

% DIFFERENCE

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

79

26 Actors Colony Road

2016 SALES

12

Dollar Volume

%

PROPERTY ADDRESS

2015 SALES

SOLD PRICE $23.9M $9M

28 Actors Colony Road

$6.4M

59 Mashomuck Drive

$5.1M

35 North Haven Way

$3.8M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

9

1

-89%

$900K

-95%

$17.7M

% DIFFERENCE

shelter island

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

21

%

SALES TRANSACTIONS

310% MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

31

DOLLAR VOLUME

2016 SALES

% DIFFERENCE

39

41

5%

$1M - $1.99M

6

15

150%

$2M - $2.99M

6

4

-33%

$3M - $4.99M

2

3

50%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

53

64

21%

Median Price

$775K

$822K

6%

Median Price (Heights)

$682K

$2.8M

310%

$56.9M

$74.7M

31%

Sales Transactions

Dollar Volume

%

2015 SALES

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

12

13

$4.5M

$7.4M

% DIFFERENCE

1% 64%

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

SOLD PRICE

12 Clinton Avenue, SI Heights

$6.3M

37D Westmoreland Drive, SI

$2.4M

10 Bay Shore Drive, SI

$1.6M

25 Lake Drive, SI

$1.3M

47 North Midway Road, SI

$980K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

19

sagaponack

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

14%

SALES TRANSACTIONS

29%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

% DIFFERENCE

3

3

0%

$1M - $1.99M

3

3

0%

$2M - $2.99M

2

2

0%

$3M - $4.99M

3

3

0%

$5M - $9.99M

8

4

-50%

$10M - $14.99M

1

3

200%

OVER $15M

1

-

-100%

21

18

-14%

Sales Transactions Median Price (North)

$890K

$1.1M

24%

Median Price (Village)

$7.7M

$5.4M

-29%

$114.8M

$85.3M

-26%

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

TOP HOME SALES IN Q3 PROPERTY ADDRESS

2016 SALES

Under $1M

Dollar Volume

26

2015 SALES

SOLD PRICE

29 Seascape Lane, Village

$6.9M

139 Seascape Lane,

$5.5M

5 Long Pond Trail, North

$1.4M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

5

5

0%

$4M

5%

$3.8M

% DIFFERENCE

wainscott

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

20%

SALES TRANSACTIONS

15 23% %

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

3

5

67%

$1M - $1.99M

10

5

-50%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

2

2

0%

$5M - $9.99M

-

2

N/A

$10M - $14.99M

-

1

N/A

OVER $15M

2

-

-100%

20

16

-20%

$1.7M

$1.5M

-15%

$67.7M

$51.9M

-23%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

4

3

$5.3M

$2.2M

% DIFFERENCE

-25% -58%

DOLLAR VOLUME

TOP HOME SALES IN Q3 PROPERTY ADDRESS

SOLD PRICE

187 Sayres Path

$1.9M

19 Hedges Lane

$700K

109 Daniels Hole Road

$170K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

21

east hampton

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

4

%

SALES TRANSACTIONS

12%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

67

80

19%

$1M - $1.99M

36

27

-25%

$2M - $2.99M

11

6

-45%

$3M - $4.99M

6

2

-67%

$5M - $9.99M

1

1

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

121

116

-4%

$950K

$834K

-12%

$150.7M

$118.1M

-22%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

22

%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN Q3 SOLD PRICE

15 Roberts Lane

$3.2M

8 Spinner Lane

$1.7M

392 Stephen Hands Path

$1.4M

8 Runnymeade Drive

$1.4M

13 Palmer Terrace

$1.3M

2015

2016

28

22

$11.3M

$12.24M

% DIFFERENCE

-21% -9%

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

PROPERTY ADDRESS

2015 SALES

Sales Transactions

2015

2016

5

2

% DIFFERENCE

-60%

Median Price

$750K

$878K

17%

Dollar Volume

$3.8M

$1.8M

-54%

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

east hampton village

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

18

%

SALES TRANSACTIONS

4%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

6

5

-17%

$1M - $1.99M

9

3

-67%

$2M - $2.99M

7

11

57%

$3M - $4.99M

8

7

-13%

$5M - $9.99M

15

8

-47%

$10M - $14.99M

3

2

-33%

OVER $15M

1

4

300%

49

40

-18%

$3.1M

$3.2M

4%

$222.7M

$311.6M

40%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

40

%

LAND

Sales Transactions Dollar Volume

2015

2016

6

5

$52.7M

$51.8M

% DIFFERENCE

-17% -2%

DOLLAR VOLUME TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS 65 Dunemere Lane

SOLD PRICE $11.5M

151 Further Lane

$7.7M

37 East Hollow Road

$6.9M

41 East Hollow Road

$6.9M

121 Main Street

$5.8M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

23

springs

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

1%

SALES TRANSACTIONS

.4%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

61

64

5%

$1M - $1.99M

12

8

-33%

$2M - $2.99M

-

1

-

$3M - $4.99M

-

1

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

73

74

1%

$660K

$662K

0.4%

$52.7M

$60.1M

14%

Sales Transactions Median Price Dollar Volume

YEAR TO DATE 2015 vs. 2016 LAND SALES

14%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

2015 SALES

SOLD PRICE

27 Wildflower Road

$855K

53 Rutland Road

$850K

47 Abrahams Path

$835K

3 Harrison Avenue

$797K

60 Woodbine Drive

$670K

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

% DIFFERENCE

12

15

-25%

$7.2M

$8.9M

-24%

east hampton northwest

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

5

%

SALES TRANSACTIONS

24

%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

53

35

-34%

$1M - $1.99M

37

47

27%

$2M - $2.99M

5

9

80%

$3M - $4.99M

8

6

-25%

$5M - $9.99M

-

1

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

103

98

-5%

$980K

$1.2M

24%

$135.9M

$143.7M

6%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

6%

LAND

Sales Transactions Dollar Volume

2015

2016

19

11

$11.9M

$8.3M

% DIFFERENCE

-42% -31%

DOLLAR VOLUME

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

SOLD PRICE

15 Ruffed Grouse Court

$2.3M

3 Park Place

$1.9M

19 Northwest Landing

$1.8M

25 Grape Arbor Lane

$1.5M

69 Bull Path

$1.2M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

25

amagansett

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

29%

SALES TRANSACTIONS

4%

MEDIAN PRICE

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

12

8

-33%

$1M - $1.99M

26

22

-15%

$2M - $2.99M

16

5

-69%

$3M - $4.99M

9

7

-22%

$5M - $9.99M

4

6

50%

$10M - $14.99M

2

1

-50%

OVER $15M

-

-

-

69

49

-29%

$1.8M

$1.7M

-4%

$171.9M

$136.9M

-20%

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

20%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS 85 Ocean View Lane

SOLD PRICE $14.3M

189 Marine Blvd

$10M

2 Castle Court

$1.8M

46 Hampton Lane

$1.4M

87 Abrahams Landing

$1.4M

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

14

12

$21.4M

$18.3M

% DIFFERENCE

-14% -15%

montauk

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

13

%

SALES TRANSACTIONS

7

%

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES PRICE CATEGORY

2016 SALES

% DIFFERENCE

Under $1M

41

35

-15%

$1M - $1.99M

26

21

-19%

$2M - $2.99M

6

9

50%

$3M - $4.99M

2

2

-

$5M - $9.99M

3

3

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

78

70

$988K

$1M

6%

$107.7M

$99.8M

-7%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2015 SALES

-10%

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

7%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2016

29

16

-45%

$15.81

-2%

$16.1M

% DIFFERENCE

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

TOP 5 HOME SALES IN Q3 PROPERTY ADDRESS

2015

SOLD PRICE

93 Surfside Avenue

$5.4M

33 Wills Point Road

$5M

35 Surfside Avenue

$2.6M

40 Kettle Hole Road

$2.4M

391 East Lake Drive

$2.2M

Sales Transactions Median Price Dollar Volume

JANUARY - SEPTEMBER 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

19

17

% DIFFERENCE

-11%

$518K

$420K

-19%

$9.17M

$8.11M

-12%

27

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

JANUARY - SEPTEMBER 2015 VS. 2016 HOME SALES

JANUARY - SEPTEMBER 2015 vs. 2016 LAND SALES

JANUARY - SEPTEMBER 2015 vs. 2016 CONDO/COOP SALES TOP 5 HOME SALES IN Q3

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. “Saunders, A Higher Form of Realty� is registered in the U.S. Patent and Trademark Office.

Transaction data provided by LIRealEstateReport.com. Data includes all 1st quarter, 2nd quarter and 3rd quarter transactions.