Page 1

hamptons real estate market report FIRST QUARTER 2017 published may 19, 2017

amagansett bridgehampton east hampton east quogue

hampton bays montauk north haven quogue

remsenburg sagaponack sag harbor shelter island

SaundersMarketReport.com

southampton wainscott water mill westhampton


hamptons real estate market report FIRST QUARTER

2017

SaundersMarketReport.com 3 ALL HAMPTONS

16 SAG HARBOR 17 SAG HARBOR VILLAGE

5 REMSENBURG

6 WESTHAMPTON 7 WESTHAMPTON BEACH 8 QUIOGUE

SAGAPONACK 20 21 WAINSCOTT

9 QUOGUE

10 EAST QUOGUE

22 EAST HAMPTON 23 EAST HAMPTON VILLAGE

11 HAMPTON BAYS 12 SOUTHAMPTON 13 SOUTHAMPTON VILLAGE 14 WATER MILL 15 BRIDGEHAMPTON

18 NORTH HAVEN 19 SHELTER ISLAND

24 EAST HAMPTON SPRINGS 25 EAST HAMPTON NORTHWEST 26 AMAGANSETT MONTAUK 27

published may 19, 2017


all hamptons HOME/LAND/CONDO/ COOP/COMMERCIAL

TOTAL SALES 2016

TOTAL SALES 2017

TOTAL % DIFFERENCE

Sales Transactions

560

528

-6%

Dollar Volume

$1.09B

$905.34M

-17%

Q1 HOME SALES, 2016 VS. 2017 PRICE CATEGORY

Q1 HOME SALES, 2016 VS. 2017 Q1 HOME SALES, 2016 VS. 2017

3

%

SALES TRANSACTIONS

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

229

213

-7%

$1M - $1.99M

115

106

-8%

$2M - $2.99M

39

40

3%

$3M - $4.99M

33

44

33%

$5M - $9.99M

20

23

15%

$10M - $14.99M

6

3

-50%

OVER $15M

4

2

-50%

446

431

-3%

$975K

$1.05M

8%

$914.15M

$793.28M

-13%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017

8

%

MEDIAN PRICE

LAND

Sales Transactions Dollar Volume

2016

2017

66

54

$113.37M

% DIFFERENCE

-18%

$54.3M

-52%

Q1 CONDO/COOP SALES, 2016 VS. 2017

13%

DOLLAR VOLUME

CONDO/COOP

Sales Transactions Median Price Dollar Volume

2016

2017

% DIFFERENCE

35

28

-20%

$470K

$780K

66%

$21.08M

$30.38M

44%

Q1 COMMERCIAL SALES, 2016 VS. 2017 TOP55HOME HOMESALES SALESIN IN2017 2017 TOP PROPERTY ADDRESS 7 Old Town Road, Southampton

SOLD PRICE $26M

500 Old Town Road, Southampton

$22.15M

6 Seaponack Drive, North Haven

$13.68M

100 Crescent Avenue, Water Mill

$12M

57 Cross Highway, East Hampton

$11.8M

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

COMMERCIAL

Sales Transactions Dollar Volume

2016

2017

13

15

$45.76M

$27.38M

% DIFFERENCE

15% -40%

3


View Past Market Reports Online At:

www.saundersmarketreport.com


remsenburg

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

20

%

SALES TRANSACTIONS

5

2016 SALES

MEDIAN PRICE

% DIFFERENCE

Under $1M

5

8

60%

$1M - $1.99M

5

4

-20%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

10

12

20%

OVER $15M

%

2017 SALES

Sales Transactions Median Price Dollar Volume

$930K

$882K

-5%

$9.82M

$11.26M

15%

Q1 LAND SALES, 2016 VS. 2017

15%

LAND

2016

Sales Transactions

-

Dollar Volume

-

2017

1 $400K

% DIFFERENCE

N/A N/A

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

27 Basket Neck Lane

$1,575,000

20 Club Lane

$1,390,000

28 Tuthill Lane

$1,390,000

8 Bridle Path

$1,200,000

39 Shore Road

$999,500

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

5


westhampton

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

21

%

SALES TRANSACTIONS

16%

MEDIAN PRICE

57%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2016 SALES

2017 SALES

% DIFFERENCE

10

11

10%

$1M - $1.99M

4

5

25%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

14

17

21%

Sales Transactions Median Price Dollar Volume

$674K

$780K

16%

$11.12M

$17.5M

57%

Q1 LAND SALES, 2016 VS. 2017 LAND

Sales Transactions Dollar Volume

2016

1 $420K

2017

% DIFFERENCE

-

-100%

-

-100%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

3

3

% DIFFERENCE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$193K

$785K

307%

12 Pine Tree Lane

$2,545,000

Dollar Volume

$919K

$1.82M

98%

11A Brushy Neck Lane

$1,965,000

10 Pine Tree Lane

$1,725,000

595 Dune Road

$1,675,000

1 Fiddler Crab Trail

$1,435,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

0%


westhampton beach

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

14

%

SALES TRANSACTIONS

4

%

MEDIAN PRICE

34%

DOLLAR VOLUME

2016 SALES

7

7

0%

$1M - $1.99M

3

3

0%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

2

100%

$5M - $9.99M

2

1

-100%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

14

12

-14%

Sales Transactions Median Price (WHB)

$1.22M

$995K

-18%

Median Price (Village)

$1.27M

$995K

-22%

Median Price (Dunes)

-

$1.9M

N/A

$1.25M

$1.3M

4%

$25.18M

$16.5M

-34%

Combined Median Dollar Volume

Q1 LAND SALES, 2016 vs. 2017 LAND

Dollar Volume PROPERTY ADDRESS

SOLD PRICE

% DIFFERENCE

Under $1M

Sales Transactions

TOP 5 HOME SALES IN 2017

2017 SALES

2016

2017

2

2

$1.4M

% DIFFERENCE

0%

$790K

44%

Q1 CONDO/COOP SALES, 2016 vs. 2017 2016

2017

7

6

% DIFFERENCE

127 Jessup Lane

$3,700,000

CONDO/COOP

93 Beach Lane

$3,249,000

Sales Transactions

712 Dune Road

$1,900,000

Median Price

$908K

-

N/A

17 Griffing Avenue

$1,405,000

Median Price (Village)

$700K

$684K

-2%

216 Dune Road

$1,150,000

Dollar Volume

$5.23M

$4.28M

-18%

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

-14%

7


quiogue

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

80%

SALES TRANSACTIONS

204% MEDIAN PRICE

58%

DOLLAR VOLUME TOP HOME SALE IN 2017 PROPERTY ADDRESS

SOLD PRICE

56 Meeting House Road

$1,640,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

4

-

-100%

$1M - $1.99M

-

1

N/A

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

Sales Transactions

5

1

-80%

Median Price Dollar Volume

$540K

$1.64M

204%

$3.91M

$1.64M

-58%


quogue

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

29

%

SALES TRANSACTIONS

79%

MEDIAN PRICE

40

%

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

PRICE CATEGORY

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

4

2

-50%

$1M - $1.99M

4

2

-50%

$2M - $2.99M

2

4

100%

$3M - $4.99M

1

1

0%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

Sales Transactions

14

10

-29%

Median Price (Town)

-

-

Median Price (Village)

$1.28M

$2.29M

79%

Combined Median

$1.28M

$2.29M

79%

$39.87M

$24.02M

-40%

Dollar Volume

-

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

1 $650K

2017

% DIFFERENCE

-

-100%

-

-100%

Q1 CONDO/COOP SALES, 2016 vs. 2017 2016

2017

1

2

% DIFFERENCE

5 Sandacres Lane

$6,450,000

CONDO/COOP

25 Beach Lane

$3,100,000

Sales Transactions

9 Lemuria Lane

$2,821,000

Median Price

$2M

$1.19M

-41%

27 Old Point Road

$2,800,000

Dollar Volume

$2M

$2.38M

19%

7 Howell Lane

$2,300,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

100%

9


east quogue

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

133%

SALES TRANSACTIONS

6%

MEDIAN PRICE

125%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

PROPERTY ADDRESS

2017 SALES

% DIFFERENCE

11

24

118%

$1M - $1.99M

1

4

300%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

12

28

133%

$625K

$590K

-6%

$8.16M

$18.34M

125%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

2

2

$280K

% DIFFERENCE

0%

$245K

-13%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

TOP 5 HOME SALES IN 2017

2016 SALES

Sales Transactions

2016

2017

% DIFFERENCE

1

-

-100%

SOLD PRICE

Median Price

$228K

-

10%

24 Weesuck Avenue

$1,305,000

Dollar Volume

$228K

-

-20%

10 Eagle Close

$1,265,000

165 Malloy Drive

$1,154,600

5 Peacock Path

$1,072,000

164 Chardonnay Drive

$999,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017


hampton bays

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

27

%

SALES TRANSACTIONS

23

%

MEDIAN PRICE

Under $1M

2016 SALES

2017 SALES

% DIFFERENCE

46

33

28%

$1M - $1.99M

3

3

0%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

49

36

-27%

$405K

$497K

23%

$23.8M

$20.37M

-14%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017

14%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2016

2017

5

4

$1.01M

% DIFFERENCE

-20%

$910K

-10%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

1

1

% DIFFERENCE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

Median Price

$228K

$210K

-8%

Dollar Volume

$228K

$210K

-8%

SOLD PRICE

142B Newtown Road

$1,375,000

7 Nautilus Court

$1,150,000

55 Mill Pond Road

$1,109,700

21A Canoe Place Road

$722,880

11 Douglas Court

$700,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

0%

11


southampton

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

7%

SALES TRANSACTIONS

31%

MEDIAN PRICE

27%

DOLLAR VOLUME

PRICE CATEGORY

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

27

21

-22%

$1M - $1.99M

10

10

0%

$2M - $2.99M

2

6

200%

$3M - $4.99M

3

4

33%

$5M - $9.99M

-

-

-

$10M - $14.99M

2

-

-100%

OVER $15M

-

-

-

44

41

-7%

$754K

$985K

31%

$74.9M

$54.89M

-27%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

5

7

$13.65M

% DIFFERENCE

40%

$2.72M

-80%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

2

2

% DIFFERENCE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$490K

$482K

-1%

39 Lake Drive North

$3,908,333

Dollar Volume

$980K

$964K

2%

147 Cold Spring Point Road

$3,600,000

13 Westway Drive

$3,600,000

36 Island Creek Road

$3,300,000

22 Cove Neck Lane

$2,500,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

0%


southampton village

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

33

%

SALES TRANSACTIONS

67%

PRICE CATEGORY

DOLLAR VOLUME

2

-33%

$1M - $1.99M

4

4

0%

$2M - $2.99M

5

4

20%

$3M - $4.99M

3

7

133%

$5M - $9.99M

3

5

67%

$10M - $14.99M

-

-

-

OVER $15M

-

2

N/A

18

24

33%

Sales Transactions Median Price Dollar Volume

LAND

Sales Transactions Dollar Volume

$3.43M

67%

$59.57M

$127.16M

114%

2016

2017

2

1

$5.05M

% DIFFERENCE

-50%

$6.7M

33%

Q1 CONDO/COOP SALES, 2016 VS. 2017 Sales Transactions Median Price

7 Old Town Road

$26,000,000

Dollar Volume

500 Old Town Road

$22,150,000

414 Great Plains Road

$9,500,000

9 Halsey Path

$8,450,000

88 Pierpont Street

$2.05M

Q1 LAND SALES, 2016 VS. 2017

SOLD PRICE

PROPERTY ADDRESS

% DIFFERENCE

3

CONDO/COOP

TOP 5 HOME SALES IN 2017

2017 SALES

Under $1M

MEDIAN PRICE

114%

2016 SALES

2016

2017

2

3

% DIFFERENCE

50%

$976K

$1.05M

8%

$1.95M

$3.68M

89%

$7,150,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

13


water mill

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

31

PRICE CATEGORY

%

SALES TRANSACTIONS

57

%

MEDIAN PRICE

17

%

DOLLAR VOLUME

PROPERTY ADDRESS 100 Crescent Avenue

2017 SALES

% DIFFERENCE

Under $1M

1

1

0%

$1M - $1.99M

5

6

20%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

3

4

33%

$5M - $9.99M

1

4

300%

$10M - $14.99M

-

1

N/A

OVER $15M

1

-

-100%

13

17

31%

$2.1M

$3.3M

57%

$57.01M

$66.91M

17%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

5

1

$25.72M

% DIFFERENCE

-80%

$1.3M

-95%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

TOP 5 HOME SALES IN 2017

2016 SALES

Sales Transactions

2016

2017

1

1

% DIFFERENCE

0%

SOLD PRICE

Median Price

$2.35M

$1.15M

-51%

$12,000,000

Dollar Volume

$2.35M

$1.15M

-51%

500 Flying Point Road

$8,712,000

316 Deerfield Road

$7,030,000

19 Luther Drive

$6,495,000

948 Deerfield Road

$5,550,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017


bridgehampton

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

40

%

SALES TRANSACTIONS

53

%

MEDIAN PRICE

34

%

PRICE CATEGORY

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

3

2

-33%

$1M - $1.99M

8

2

-75%

$2M - $2.99M

2

2

0%

$3M - $4.99M

5

5

0%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

20

12

-40%

Sales Transactions Median Price Dollar Volume

$1.94M

$2.96M

53%

$52.06M

$34.38M

-34%

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

2

3

$4.85M

$7.15M

% DIFFERENCE

50% 47%

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

347 Butter Lane

$5,000,000

851 Halsey Lane

$4,400,000

58 Bridgefield Road

$4,300,000

584 Pauls Lane

$4,150,000

78 Norris Lane

$3,750,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

15


sag harbor

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

0%

SALES TRANSACTIONS

58

%

MEDIAN PRICE

35%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

3605 Noyac Road

$5,800,000

233 Old Sag Harbor Road

$3,975,000

21 Munchogue Drive

$3,300,000

250 Brick Kiln Road

$3,250,000

28 Hildreth Street

$2,600,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

PRICE CATEGORY

2016 SALES

Under $1M

2017 SALES

% DIFFERENCE

14

10

-28.6%

$1M - $1.99M

7

8

14%

$2M - $2.99M

3

3

0%

$3M - $4.99M

-

3

N/A

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

25

25

0%

$950K

$1.5M

58%

$31.79M

$42.94M

35%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

7

3

$3.39M

$2.23M

% DIFFERENCE

-57% -34%


sag harbor village

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

17

%

SALES TRANSACTIONS

29

%

MEDIAN PRICE

13

%

DOLLAR VOLUME

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

5

3

-40%

$1M - $1.99M

8

8

0%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

4

2

-50%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

18

15

-17%

Sales Transactions Median Price

$1.27M

$1.65M

29%

Dollar Volume

$35.2M

$30.8M

-13%

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

1

-

-100%

-

-100%

$810K

% DIFFERENCE

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

% DIFFERENCE

14

5

-64%

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$470K

$3M

538%

10 Cove Road

$8,000,000

Dollar Volume

$5.8M

$13.06M

125%

37 John Street

$3,100,001

30 Suffolk Street

$3,050,000

130 Madison Street

$2,225,000

18 Glover Street

$1,750,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

17


north haven

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

50

%

SALES TRANSACTIONS

4

%

MEDIAN PRICE

81

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

6 Seaponack Drive

$13,680,000

38 Ezekills Hollow

$9,500,000

18 Gardiners Path

$3,160,000

6 Maunakea Street

$3,150,000

6 Fairlea Court

$2,550,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2017 SALES

% DIFFERENCE

Under $1M

1

1

0%

$1M - $1.99M

-

2

N/A

$2M - $2.99M

3

2

-33%

$3M - $4.99M

1

2

100%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

1

N/A

OVER $15M

-

-

-

Sales Transactions

6

9

50%

Median Price Dollar Volume

%

2016 SALES

$2.65M

$2.55M

-4%

$20.97M

$37.96M

81%

2016 vs. 2016 LAND SALES 2016

2017

Sales Transactions

-

1

N/A

Dollar Volume

-

$3.5M

N/A

LAND

% DIFFERENCE


shelter island

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

23

PRICE CATEGORY

%

SALES TRANSACTIONS

63

%

MEDIAN PRICE

.2%

DOLLAR VOLUME

Under $1M

2016 SALES

2017 SALES

% DIFFERENCE

15

12

-20%

$1M - $1.99M

5

3

-40%

$2M - $2.99M

1

1

0%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

22

17

-23%

$822K

$736K

-10%

$3.25M

$785K

-76%

Combined Median

$2.036M

$761K

-63%

Dollar Volume

$22.06M

$22.02M

-.2%

Sales Transactions Median Price (SI) Median Price (Heights)

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

4

3

$1.69M

$1.52M

% DIFFERENCE

-25% -10%

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

3 Nostrand Parkway

$8,250,000

8C Pheasant Lane

$2,500,000

11 Freds Lane

$1,575,000

107 South Midway Road 132 West Neck Road

$1,137,500 $1,030,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

19


sagaponack

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

75%

SALES TRANSACTIONS

66%

MEDIAN PRICE

74%

DOLLAR VOLUME

TOP HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

99 Parsonage Lane

$9,575,000

414 Hedges Lane

$2,988,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

PRICE CATEGORY

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

-

-

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

1

1

0%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

2

-

-100%

OVER $15M

-

-

-

8

2

-75%

-

-100%

Sales Transactions Median Price (North)

$2.16M

Median Price (Village)

$5.42M

$6.28M

-15.8%

Combined Median

$3.79M

$6.28M

66%

$48.76M

$12.56M

-74%

Dollar Volume


wainscott

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

80%

SALES TRANSACTIONS

43 84% %

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

-

-

-

$1M - $1.99M

2

-

-100%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

1

0%

$5M - $9.99M

-

-

-

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

Sales Transactions

5

1

-80%

Median Price Dollar Volume

MEDIAN PRICE

$2.51M

$3.6M

43%

$22.12M

$3.6M

-84%

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

1

-

-100%

-

-100%

$760K

% DIFFERENCE

DOLLAR VOLUME TOP HOME SALE IN 2017 PROPERTY ADDRESS

SOLD PRICE

6 Wainscott Main Street

$3,600,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

21


east hampton

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

22

%

SALES TRANSACTIONS

7%

MEDIAN PRICE

27

%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2016 SALES

2017 SALES

% DIFFERENCE

25

31

24%

$1M - $1.99M

8

9

13%

$2M - $2.99M

2

2

0%

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

36

44

22%

$821K

$765K

-7%

$36.59M

$46.48M

27%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

6

11

$3.82M

% DIFFERENCE

83.3%

$8.62M

126%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

1

% DIFFERENCE

TOP 5 HOME SALES IN 2017

Sales Transactions

-

PROPERTY ADDRESS

SOLD PRICE

Median Price

-

$674K

N/A

101 Montauk Highway

$3,300,000

Dollar Volume

-

$674K

N/A

40 Huntting Avenue

$3,150,000

30 Bay Inlet Road

$2,800,000

22 Ancient Highway

$2,450,000

5 2nd Avenue

$1,950,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

N/A


east hampton village

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

9

%

SALES TRANSACTIONS

21%

MEDIAN PRICE

79

%

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

-

2

N/A

$1M - $1.99M

2

1

-50%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

1

4

300%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

-

1

N/A

OVER $15M

3

-

-100%

11

10

-9%

Sales Transactions Median Price Dollar Volume

$4.4M

$3.48M

-21%

$182.27M

$38.36M

-79%

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

3

2

$31.75M

$7.23M

% DIFFERENCE

-33% -77%

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS 57 Cross Highway

SOLD PRICE $11,800,000

20 Hook Pond Lane

$5,950,000

11 La Forest Lane

$4,500,000

78 Pantigo Road

$4,137,000

11 Muchmore Lane

$3,950,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

23


east hampton springs

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

4%

SALES TRANSACTIONS

0%

MEDIAN PRICE

15%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

12 South Pond Road

$1,700,000

243 Gerard Drive

$1,600,000

11 Birdie Lane

$1,312,500

24 Gann Road

$1,300,000

85 Gerard Drive

$1,200,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

PRICE CATEGORY

Under $1M

2016 SALES

2017 SALES

% DIFFERENCE

21

21

0%

$1M - $1.99M

5

8

60%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

28

29

4%

$685K

$685K

0%

$27.35M

$23.34M

-15%

Sales Transactions Median Price Dollar Volume

Q1 7 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

6

2

$2.54M

$2.06M

% DIFFERENCE

-67% -19%


east hampton northwest

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

27

%

SALES TRANSACTIONS

20

%

2017 SALES

% DIFFERENCE

Under $1M

16

10

-38%

$1M - $1.99M

19

14

-26%

$2M - $2.99M

5

3

-40%

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

41

30

-27%

$1.17M

$1.4M

20%

$54.26M

$49.16M

-9%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

9%

2016 SALES

Q1 LAND SALES, 2016 vs. 2017 LAND

Sales Transactions Dollar Volume

2016

2017

3

5

$1.82M

$3.73M

% DIFFERENCE

67% 106%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

400 Hands Creek Road

$5,500,000

534 Hands Creek Road

$4,700,000

2 Dering Lane

$3,770,000

221 Old Northwest Road

$2,550,000

6 Albertines Lane

$2,300,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

25


amagansett

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

11%

SALES TRANSACTIONS

18%

MEDIAN PRICE

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

2

2

0%

$1M - $1.99M

9

5

-44%

$2M - $2.99M

3

5

67%

$3M - $4.99M

3

3

0%

$5M - $9.99M

2

2

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

19

17

-11%

$1.95M

$2.3M

18%

$46.98M

$45.14M

-4%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES, 2016 VS. 2017

4%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

205 Marine Blvd

$7,600,000

6 Sandpiper Lane

$7,000,000

40 Gardiner Drive

$3,600,000

9 Deep Wood Lane

$3,175,000

7 Stony Hill Road

$3,000,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

LAND

Sales Transactions Dollar Volume

2016

2017

6

5

$7.66M

$4.76M

% DIFFERENCE

17% -38%


montauk

Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

PRICE CATEGORY

57

%

SALES TRANSACTIONS

37

%

MEDIAN PRICE

2016 SALES

2017 SALES

% DIFFERENCE

Under $1M

9

10

11%

$1M - $1.99M

2

4

100%

$2M - $2.99M

1

3

200%

$3M - $4.99M

1

2

100%

$5M - $9.99M

1

3

200%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

14

22

57%

Sales Transactions Median Price Dollar Volume

$881K

$1.21M

37%

$20.42M

$47.96M

135%

Q1 LAND SALES, 2016 VS. 2017

135%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2016

2017

4

1

$6.1M

% DIFFERENCE

-75%

$445K

-93%

Q1 CONDO/COOP SALES, 2016 VS. 2017 CONDO/COOP

2016

2017

3

4

% DIFFERENCE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$420K

$558K

33%

253 Old Montauk Highway

$7,850,000

Dollar Volume

$1.4M

$2.16M

55%

184 Soundview Drive

$6,200,000

70 Kettle Hole Road

$5,250,000

75 Wood Drive

$3,400,000

7 Deforest Road

$3,250,000

Q1 HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

33%

27


Q1 HOME SALES, 2016 VS. 2017

Q1 HOME SALES, 2016 VS. 2017

Q1 LAND SALES, 2016 VS. 2017

Q1 CONDO/COOP SALES, 2016 VS. 2017 TOP 5 HOME SALES IN 2017

Copyright 2017. 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, 3rd quarter and 4th quarter transactions.

Profile for Saunders & Associates

Hamptons Real Estate Market Report First Quarter 2017 - Saunders & Associates  

Hamptons Real Estate Market Report First Quarter 2017 - Saunders & Associates

Hamptons Real Estate Market Report First Quarter 2017 - Saunders & Associates  

Hamptons Real Estate Market Report First Quarter 2017 - Saunders & Associates

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