Page 1

hamptons real estate market report FIRST QUARTER 2020 PUBLISHED MAY 15TH, 2020

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 2019 VS. 2020 SaundersMarketReport.com 3 ALL HAMPTONS - 1ST QUARTER 2019 VS. 2020 5 REMSENBURG

18 BRIDGEHAMPTON 19 SAG HARBOR

6 WESTHAMPTON

20 SAG HARBOR VILLAGE

7 WESTHAMPTON BEACH

21 NORTH HAVEN

8 VILLAGE OF WESTHAMPTON BEACH

22 SHELTER ISLAND

9 WESTHAMPTON DUNES

23 SAGAPONACK

10 QUIOGUE

24 SAGAPONACK VILLAGE

11 QUOGUE

25 WAINSCOTT

12 QUOGUE VILLAGE

26 EAST HAMPTON

13 EAST QUOGUE

27 EAST HAMPTON VILLAGE

14 HAMPTON BAYS

28 EAST HAMPTON SPRINGS

15 SOUTHAMPTON

29 EAST HAMPTON NORTHWEST

16 SOUTHAMPTON VILLAGE

30 AMAGANSETT

17 WATER MILL

31 MONTAUK

published may 15th, 2020


all hamptons TOTAL SALES TRANSACTIONS FIRST QUARTER 2019 VS. 2020 HOME/LAND/CONDO/ COMMERCIAL

Sales Transactions Median Price Dollar Volume

TOTAL SALES 2019

TOTAL SALES 2020

TOTAL % CHANGE

451

424

-6%

$925K

$1.07M

15%

$784.14M

$1.003B

28%

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

Under $1M $1M - $1.99M HOME SALES FIRST QUARTER 2019 VS. 2020

7%

SALES TRANSACTIONS

16%

MEDIAN PRICE

20%

DOLLAR VOLUME

165

-18%

92

85

-8%

33

57%

$5M - $9.99M

22

17

-23%

$10M - $19.99M

6

11

83%

OVER $20M

1

4

300%

380

355

-7%

$975K

$1.13M

16%

$707.13M

$848.24M

20%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

2019

2020

39

43

10%

$610K

$620K

2%

$36.83M

$116.72M

217%

% CHANGE

CONDO SALES FIRST QUARTER 2019 VS. 2020 CONDO

Sales Transactions

2019

2020

17

14

% CHANGE

-18%

Median Price

$680K

$710K

4%

Dollar Volume

$11.3M

$9.81M

-13%

COMMERCIAL SALES FIRST QUARTER 2019 VS. 2020

1050 Meadow Lane, Southampton

$40,910,000

COMMERCIAL

27 Drew Lane, East Hampton

$35,750,000

Sales Transactions

317 Murray Place, Southampton

$35,000,000

Median Price

$18,400,000

201

21

SOLD PRICE

11 Christopher Street, Southampton

% CHANGE

$3M - $4.99M

PROPERTY ADDRESS

$22,500,000

2020 SALES

$2M - $2.99M 40 VS. 2020 8% HOME SALES FIRST37 QUARTER 2019

TOP 5 HOME SALES Q1 2020

301 Murray Place, Southampton

2019 SALES

Dollar Volume

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

12

7

% CHANGE

-42%

$175M

$2.28M

30%

$26.18M

$23.54M

-10%

3


View Past Market Reports Online At:

www.saundersmarketreport.com

4

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020


remsenburg

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

85%

SALES TRANSACTIONS

9

%

MEDIAN PRICE

PRICE CATEGORY

Under $1M

2019 SALES

2020 SALES

% CHANGE

10

2

-80%

$1M - $1.99M

1

-

-100%

$2M - $2.99M

2

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

OVER $20M

-

-

-

13

2

-85%

Sales Transactions Median Price Dollar Volume

$905K

$828K

-9%

$13.25M

$1.66M

-88%

88%

DOLLAR VOLUME

TOP HOME SALES Q1 2020 PROPERTY ADDRESS

SOLD PRICE

96 South Country Road

$950,000

178 South Country Road

$705,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

5


westhampton

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

N/A

SALES TRANSACTIONS

3%

MEDIAN PRICE

2%

DOLLAR VOLUME

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

7

7

-

$1M - $1.99M

2

2

-

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

9

9

-

Median Price Dollar Volume

$815K

$835K

3%

$7.93M

$8.12M

2%

LAND SALES FIRST QUARTER 2019 VS. 2019 LAND

2019

2020

Sales Transactions

3

2

-33%

Median Price

$817K

$432K

-47%

Dollar Volume

$2.5M

$864M

-65%

% CHANGE

CONDO SALES FIRST QUARTER 2019 VS. 2020 CONDO

2019

2020

SOLD PRICE

Sales Transactions

1

-

-100%

12 Plume Grass Way

$1,565,000

Median Price

$650K

-

-100%

15 Plume Grass Way

$1,495,000

Dollar Volume

$650K

-

-100%

38 Brushy Neck Lane

$975,000

70 Jagger Lane

$908,000

18 Willowood Court

$835,000

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

6

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

% CHANGE


westhampton beach

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

100

%

SALES TRANSACTIONS

100%

MEDIAN PRICE

100

%

DOLLAR VOLUME

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

2

-

-100%

Sales Transactions Median Price

$4.3M

-

-100%

Dollar Volume

$8.6M

-

-100%

CONDO SALES FIST QUARTER 2019 VS. 2020 CONDO

Sales Transactions

2019

2020

1

2

% CHANGE

100%

Median Price

$680K

$998K

47%

Dollar Volume

$680K

$998K

193%

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

7


village of westhampton beach

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

PRICE CATEGORY

6

%

SALES TRANSACTIONS

61

%

MEDIAN PRICE

2%

DOLLAR VOLUME

Under $1M

2019 SALES

2020 SALES

% CHANGE

10

5

-50%

$1M - $1.99M

3

7

133%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

1

3

200%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

17

16

-6%

Sales Transactions Median Price Dollar Volume

$894K

$1.44M

61%

$26.51M

$26.97M

2%

LAND SALES FIRST QUARTER 2019 VS. 2020 2019

2020

Sales Transactions

-

1

Median Price

-

$1.35M

N/A

Dollar Volume

-

$1.35M

N/A

LAND

% CHANGE

N/A

CONDO SALES FIRST QUARTER 2019 VS. 2020 TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS 291 Dune Road 100 Griffing Avenue

8

CONDO

SOLD PRICE

Sales Transactions

$3,900,000

Median Price

$3,261,108

18 Michaels Way

$3,250,000

42 Old Meadow Bend

$2,780,000

15 Beach Lane

$1,855,000

Dollar Volume

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

3

2

% CHANGE

-33%

$730K

$898K

23%

$2.35M

$1.8M

-24%


westhampton dunes

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

N/A

SALES TRANSACTIONS

N/A MEDIAN PRICE

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

1

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

-

2

N/A

Median Price

-

$2.9M

N/A

Dollar Volume

-

$5.8M

N/A

N/A

DOLLAR VOLUME

TOP HOME SALES Q1 2020 PROPERTY ADDRESS

SOLD PRICE

726 Dune Road

$3,600,000

812 Dune Road

$2,195,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

9


quiogue

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

N/A

SALES TRANSACTIONS

32%

MEDIAN PRICE

17%

DOLLAR VOLUME

PRICE CATEGORY

10

$2,600,000

48 Sheppard Street

$2,450,000

29 Jeffrey Lane

$1,269,000

% CHANGE

1

-

-100%

$1M - $1.99M

1

1

-

$2M - $2.99M

-

2

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

3

3

-

Median Price

$1.85M

$2.45M

32%

Dollar Volume

$7.59M

$6.32M

-17%

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

2019

Sales Transactions

1

2020

% CHANGE

-

-100%

Median Price

$250K

-

-100%

Dollar Volume

$250K

-

-100%

SOLD PRICE

147 Brook Road

2020 SALES

Under $1M

TOP HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020


quogue

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

N/A

SALES TRANSACTIONS

N/A MEDIAN PRICE

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

-

-

-

Median Price

-

-

-

Dollar Volume

-

-

-

N/A

DOLLAR VOLUME

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

11


quogue village

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

29

%

SALES TRANSACTIONS

53%

MEDIAN PRICE

52

%

DOLLAR VOLUME

PRICE CATEGORY

12

$4,343,500

38 Quogo Neck Lane

$3,700,000

28 Midland Street

$3,600,000

53 Quogue Street

$2,375,000

26 Quaquanantuck Lane

$2,000,007

% CHANGE

2

3

50%

$1M - $1.99M

3

1

-67%

$2M - $2.99M

1

2

100%

$3M - $4.99M

1

3

200%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

7

9

29%

$1.31M

$2M

53%

$13.08M

$19.89M

52%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 2019

2020

Sales Transactions

-

2

Median Price

-

$3.15K

N/A

Dollar Volume

-

$6.3M

N/A

LAND

SOLD PRICE

11 Howell Lane

2020 SALES

Under $1M

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

% CHANGE

N/A


east quogue

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

42%

SALES TRANSACTIONS

6%

MEDIAN PRICE

35%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2019 SALES

2020 SALES

% CHANGE

21

12

-43%

$1M - $1.99M

3

2

-33%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

24

14

-42%

$659K

$698K

6%

$16.64M

$10.78M

-35%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

2019

2020

3

1

% CHANGE

-67%

$358K

$375K

5%

$1.62M

$375K

-77%

TOP 5 HOME SALES IN Q1 2020 PROPERTY ADDRESS

SOLD PRICE

41 Landing Lane

$1,675,000

6 Candace Drive

$1,100,000

11 Lacebark Lane

$990,000

3 Candace Drive

$985,000

75 Corbett Drive

$962,500

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

13


hampton bays

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

7

%

SALES TRANSACTIONS

N/A MEDIAN PRICE

PRICE CATEGORY

Under $1M

2019 SALES

2020 SALES

% CHANGE

41

34

-17%

$1M - $1.99M

1

2

100%

$2M - $2.99M

-

2

N/A

$3M - $4.99M

-

1

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

42

39

-7%

$525K

$525K

-

$23.51M

$29.01M

23%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020

23%

DOLLAR VOLUME

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

14

SOLD PRICE

LAND

Sales Transactions

2019

2020

1

1

-

% CHANGE

Median Price

$166K

$220K

33%

Dollar Volume

$166K

$220K

33%

CONDO SALES FIRST QUARTER 2019 VS. 2020 CONDO

Sales Transactions

2019

2020

1

1

% CHANGE

-

73B Dune Road

$4,037,500

Median Price

$750K

$216K

-71%

1 Windermere Close

$2,350,000

Dollar Volume

$750K

$216K

-71%

17 Canal Way

$2,000,000

23A Oakhurst Road

$1,230,000

48 Douglas Court

$1,100,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020


southampton

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

2%

SALES TRANSACTIONS

1%

MEDIAN PRICE

20%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2019 SALES

2020 SALES

% CHANGE

28

25

-11%

$1M - $1.99M

8

7

-13%

$2M - $2.99M

3

8

167%

$3M - $4.99M

2

2

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

41

42

2%

$850K

$856K

1%

$44.56M

$53.65M

20%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

2019

2020

8

7

% CHANGE

-13%

$620K

$620K

-

$4.88M

$4.98M

2%

CONDO SALES FIRST QUARTER 2019 VS. 2020

TOP 5 HOME SALES IN Q1 2020

CONDO

2019

2020

1

5

% CHANGE

SOLD PRICE

Sales Transactions

1 Southampton Hills Court

$4,245,000

Median Price

$630K

$600K

-5%

10 Spinnaker Way

$3,100,000

Dollar Volume

$630K

$3.09M

390%

29 Knollwood Drive

$2,875,000

132 Hills Station Road

$2,800,000

43 Lake Drive

$2,700,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

400%

15


southampton village

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

30

%

SALES TRANSACTIONS

158%

PRICE CATEGORY

DOLLAR VOLUME

2020 SALES

% CHANGE

Under $1M

3

1

-67%

$1M - $1.99M

-

2

N/A

$2M - $2.99M

4

2

-50%

$3M - $4.99M

-

1

N/A

$5M - $9.99M

2

1

-50%

$10M - $19.99M

-

3

N/A

OVER $20M

1

3

200%

10

13

30%

$2.71M

$7M

158%

$52.06M

$161.43M

210%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

210%

2019 SALES

LAND SALES FIRST QUARTER 2019 VS. 2020 2019

2020

Sales Transactions

-

5

Median Price

-

$10M

N/A

Dollar Volume

-

$59.4M

N/A

LAND

% CHANGE

N/A

CONDO SALES FIRST QUARTER 2019 VS. 2020 TOP 5 HOME SALES Q1 2020

2019

2020

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

1050 Meadow Lane

$40,910,000

Median Price

$810K

-

-100%

317 Murray Place

$35,000,000

Dollar Volume

$810K

-

-100%

301 Murray Place

$22,500,000

11 Christopher Street

$18,400,000

385 Great Plains Road

$16,500,000

PROPERTY ADDRESS

16

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020


water mill

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

N/A

SALES TRANSACTIONS

52

%

MEDIAN PRICE

39

%

DOLLAR VOLUME

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

3

-

-100%

$1M - $1.99M

3

3

-

$2M - $2.99M

2

2

-

$3M - $4.99M

2

3

50%

$5M - $9.99M

3

5

67%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

13

13

-

Sales Transactions Median Price Dollar Volume

$2.6M

$3.95M

52%

$38.29M

$53.32M

39%

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

2019

2020

2

2

% CHANGE

-

$709K

$2.12M

200%

$1.42M

$4.25M

200%

TOP 5 HOME SALES IN Q1 2020 PROPERTY ADDRESS

SOLD PRICE

10 Holly Lane

$8,350,000

87 Olivers Cove Lane

$8,300,000

36 Herons Court

$6,900,000

933 Cobb Road West

$5,000,000

60 Cobb Isle Road

$5,000,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

17


bridgehampton

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

7

%

SALES TRANSACTIONS

40

%

MEDIAN PRICE

2

%

DOLLAR VOLUME

PRICE CATEGORY

18

$14,300,000

949 Ocean Road

$11,850,000

266 Sagaponack Road

$4,045,000

90 Birchwood Lane

$3,545,000

537 Halsey Lane

$3,455,000

% CHANGE

2

2

-

$1M - $1.99M

3

6

100%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

5

3

-40%

$5M - $9.99M

2

-

-100%

$10M - $19.99M

-

2

N/A

OVER $20M

-

-

-

15

14

-7%

Sales Transactions Median Price Dollar Volume

$2.91M

$1.74M

-40%

$51.55M

$50.38M

-2%

LAND SALES FIRST QUARTER 2019 VS. 2020 2019

2020

Sales Transactions

-

2

Median Price

-

$9.05M

N/A

Dollar Volume

-

$18.1M

N/A

LAND

SOLD PRICE

300 Sagaponack Road

2020 SALES

Under $1M

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

% CHANGE

N/A


sag harbor

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

4%

SALES TRANSACTIONS

24

%

MEDIAN PRICE

7

%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2019 SALES

2020 SALES

% CHANGE

14

9

-36%

$1M - $1.99M

7

12

71%

$2M - $2.99M

2

3

50%

$3M - $4.99M

-

-

-

$5M - $9.99M

1

1

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

24

25

4%

$965K

$1.2M

24%

$33.54M

$36.01M

7%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions

2019

2020

1

2

% CHANGE

100%

Median Price

$1.02M

$588K

-43%

Dollar Volume

$1.02M

$1.18M

15%

TOP 5 HOME SALES IN Q1 2020 PROPERTY ADDRESS

SOLD PRICE

14 Park Avenue

$5,032,000

1727 Millstone Road

$2,835,000

55 Cedar Point Lane

$2,125,000

12 Rolling Hill Court West

$2,075,000

17 Sims Drive

$1,975,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

19


sag harbor village

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

50

%

SALES TRANSACTIONS

31

%

MEDIAN PRICE

41

%

DOLLAR VOLUME

20

$4,400,000

11 High Street

$3,225,000

30 High Street

$2,475,000

10 Hillside Drive East

$2,050,000

38 Harrison Street

$1,675,000

% CHANGE

5

2

-60%

$1M - $1.99M

6

2

-67%

$2M - $2.99M

3

2

-33%

$3M - $4.99M

2

2

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

16

8

-50%

Sales Transactions Median Price Dollar Volume

$1.42M

$1.86M

31%

$27.41M

$16.31M

-41%

CONDO SALES FIRST QUARTER 2019 VS. 2020 CONDO

Sales Transactions

2019

2020

1

-

-100%

% CHANGE

Median Price

$1.13M

-

-100%

Dollar Volume

$1.13M

-

-100%

SOLD PRICE

94 Franklin Avenue

2020 SALES

Under $1M

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020


north haven

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

25

%

SALES TRANSACTIONS

148

%

MEDIAN PRICE

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

1

1

-

$2M - $2.99M

1

1

-

$3M - $4.99M

1

-

-100%

$5M - $9.99M

1

2

100%

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

Sales Transactions

4

5

25%

Median Price

$2.6M

$6.45M

148%

Dollar Volume

$14.1M

$32.58M

131%

131%

DOLLAR VOLUME

TOP 5 HOME SALES IN Q1 2019 PROPERTY ADDRESS 5 Bay View Drive

SOLD PRICE $14,000,000

24 East Harbor Drive

$8,150,000

49 Robertson Drive

$6,450,000

31 Redcoats Lane

$2,900,000

4 3rd Street

$1,075,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

21


shelter island

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

20

PRICE CATEGORY

%

SALES TRANSACTIONS

8

%

MEDIAN PRICE

41%

DOLLAR VOLUME

Under $1M

$10,178,500

28 South Menantic Road

$2,800,000

4 Nostrand Parkway

$1,650,000

10 Sleepy Hollow Road

$1,165,000

22 Saint Marys Road

22

% CHANGE

8

-27%

$1M - $1.99M

3

2

-33%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

15

12

-20%

Sales Transactions Median Price Dollar Volume

$775K

$834K

8%

$15.37M

$21.68M

41%

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

SOLD PRICE

44 Gardiners Bay Drive

2020 SALES

11

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

$945,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

4

5

% CHANGE

25%

$436K

$450K

3%

$1.63M

$2.97M

-83%


sagaponack

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

100

%

SALES TRANSACTIONS

100

%

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

1

-

-100%

Median Price

$1.2M

-

-100%

Dollar Volume

$1.2M

-

-100%

Sales Transactions

MEDIAN PRICE

100%

DOLLAR VOLUME

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

23


sagaponack village

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

50%

SALES TRANSACTIONS

71

%

DOLLAR VOLUME

-

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

-

-

-

$3M - $4.99M

1

1

-

$5M - $9.99M

3

-

-100%

$10M - $19.99M

1

2

100%

OVER $20M

-

-

-

6

3

-50%

Sales Transactions Median Price Dollar Volume

24

$16,500,000

210 Gibson Lane

$12,600,000

583 Hedges Lane

$4,500,000

$7.35M

$12.6M

71%

$40.52M

$33.6M

-17%

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

2019

Sales Transactions

1

-

-100%

Median Price

$9.5M

-

-100%

Dollar Volume

$9.5M

-

-100%

SOLD PRICE

494 Hedges Lane

% CHANGE

-

TOP HOME SALES Q1 2020 PROPERTY ADDRESS

2020 SALES

Under $1M

MEDIAN PRICE

17%

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2020

% CHANGE


wainscott

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

300%

SALES TRANSACTIONS

120 745% %

PRICE CATEGORY

2020 SALES

% CHANGE

Under $1M

-

1

N/A

$1M - $1.99M

2

2

-

$2M - $2.99M

-

2

N/A

$3M - $4.99M

-

3

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

2

8

300%

Median Price

$1.27M

$2.81M

120%

Dollar Volume

$2.55M

$21.54M

745%

MEDIAN PRICE

DOLLAR VOLUME

2019 SALES

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions

2019

2020

1

3

% CHANGE

200%

Median Price

$2.98M

$2.5M

-16%

Dollar Volume

$2.98M

$9.15M

208%

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

SOLD PRICE

71 Westwood Road

$4,400,000

129 Sayres Path

$4,000,000

133 Sayres Path

$3,400,000

11 Town Line Road

$2,815,000

17 Wainscott Stone Road

$2,800,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

25


east hampton

HOME SALES FIRST QUARTER 2019 VS. 2020

7

%

SALES TRANSACTIONS

36%

MEDIAN PRICE

30

%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

13

23

77%

$1M - $1.99M

10

6

-40%

$2M - $2.99M

4

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

27

29

7%

Sales Transactions Median Price Dollar Volume

$1.23M

$780K

-36%

$33.51M

$23.68M

-30%

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions

2019

2020

1

3

% CHANGE

200%

Median Price

$335K

$394K

18%

Dollar Volume

$335K

$2.93M

774%

CONDO SALES 2019 VS. 2020 TOP 5 HOME SALES Q1 2020

2019

2020

1

3

% CHANGE

SOLD PRICE

Sales Transactions

409 Sag Harbor Turnpike

$1,525,000

Median Price

$675K

$685K

2%

59 Osborne Lane

$1,500,000

Dollar Volume

$675K

$2.14M

218%

78 Cooper Lane

$1,300,000

27 Squires Path

$1,270,000

101 Runnymeade Drive

$1,180,000

PROPERTY ADDRESS

26

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

200%


east hampton village

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

9

%

SALES TRANSACTIONS

9%

MEDIAN PRICE

PRICE CATEGORY

2019 SALES

2020 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

1

-

-100%

$2M - $2.99M

3

3

-

$3M - $4.99M

1

4

300%

$5M - $9.99M

2

3

50%

$10M - $19.99M

3

1

-67%

OVER $20M

-

1

N/A

11

12

9%

Sales Transactions Median Price Dollar Volume

$3.75M

$4.08M

9%

$72.76M

$85.73M

18%

18%

DOLLAR VOLUME

TOP 5 HOME SALES IN Q1 2020 PROPERTY ADDRESS

SOLD PRICE

27 Drew Lane

$35,750,000

117 Lily Pond Lane

$11,000,000

29 Huntting Lane

$7,450,000

21 Maidstone Lane

$5,400,000

37 Cottage Avenue

$5,000,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

27


east hampton springs

HOME SALES FIRST QUARTER 2019 VS. 2020

25%

SALES TRANSACTIONS

13%

MEDIAN PRICE

60%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

Under $1M

28

$5,600,000

60 Squaw Road

$2,950,000

15 Maritime Way

$1,550,000

8 Island Road

$1,500,000

4 Fairway Drive

$1,500,000

% CHANGE

11

10%

$1M - $1.99M

6

7

17%

$2M - $2.99M

-

1

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

1

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

16

20

25%

$768K

$865K

13%

$15.2M

$24.24M

60%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

SOLD PRICE

864 Springs Fireplace Road

2020 SALES

10

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS

2019 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

7

3

% CHANGE

-57%

$285K

$300K

5.3%

$3.04M

$945K

-69%


east hampton northwest

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

PRICE CATEGORY

14

%

SALES TRANSACTIONS

25

%

2020 SALES

% CHANGE

Under $1M

11

13

18%

$1M - $1.99M

13

5

-61%

$2M - $2.99M

3

3

-

$3M - $4.99M

-

2

N/A

$5M - $9.99M

1

1

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

28

24

-14%

$1.33M

$1M

-25%

$44.25M

$40.15M

-9%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

9%

2019 SALES

LAND SALES FIRST QUARTER 2019 VS. 2020 LAND

Sales Transactions Median Price Dollar Volume

2019

2020

3

1

% CHANGE

-67%

$870K

$400K

-54%

$3.28M

$400K

-88%

DOLLAR VOLUME

TOP 5 HOME SALES IN Q1 2020 PROPERTY ADDRESS

SOLD PRICE

37 Milina Drive

$6,740,000

47 Old Orchard Lane

$4,375,000

193 Bull Path

$3,650,000

4 Ruffed Grouse Court

$2,506,250

15 Old School House Lane

$2,400,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

29


amagansett

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020 PRICE CATEGORY

17%

SALES TRANSACTIONS

4%

MEDIAN PRICE

2019 SALES

2020 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

2

5

150%

$2M - $2.99M

4

3

-25%

$3M - $4.99M

3

3

-

$5M - $9.99M

2

2

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

12

14

17%

Sales Transactions Median Price Dollar Volume

$2.54M

$2.44M

-4%

$35.68M

$54.66M

53%

LAND SALES FIRST QUARTER 2019 VS. 2020

53%

DOLLAR VOLUME

LAND

Sales Transactions Median Price Dollar Volume

TOP 5 HOME SALES Q1 2020 PROPERTY ADDRESS 249 Marine Blvd

30

SOLD PRICE $13,500,000

8 Mitchell Dunes Lane

$8,600,000

52 Meeting House Lane

$6,175,000

4 Dune Lane

$4,050,000

8 Holly Way

$3,705,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

2

2

% CHANGE

-

$1.75M

$1.53M

-13%

$3.5M

$3.06M

-13%


montauk

HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

PRICE CATEGORY

14

%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

Under $1M

2019 SALES

2020 SALES

% CHANGE

7

7

-

$1M - $1.99M

10

10

-

$2M - $2.99M

-

-

-

$3M - $4.99M

1

1

-

$5M - $9.99M

2

1

-50%

$10M - $19.99M

2

-

-100%

OVER $20M

-

-

-

22

19

-14%

Sales Transactions Median Price Dollar Volume

$1.43M

$1.34M

-6%

$67.44M

$30.73M

-54%

LAND SALES FIRST QUARTER 2019 VS. 2020

54%

DOLLAR VOLUME

LAND

Sales Transactions

2019

2020

1

1

% CHANGE

-

Median Price

$715K

$250K

-65%

Dollar Volume

$715K

$250K

-65%

CONDO SALES FIRST QUARTER 2019 VS. 2020 TOP 5 HOME SALES IN Q1 2020

CONDO

SOLD PRICE

Sales Transactions

225 Old Montauk Highway

$8,000,000

Median Price

9 Coolidge Road

$3,200,000

Dollar Volume

138 Laurel Drive

$1,950,000

48 South Federal Street

$1,865,000

35 Franklin Drive

$1,795,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2019 VS. 2020

2019

2020

7

1

% CHANGE

-86%

$550K

$575K

5%

$3.62M

$575K

-84%

31


HOME SALES FIRST QUARTER 2019 VS. 2020

HOME SALES FIRST QUARTER 2019 VS. 2020

LAND SALES FIRST QUARTER 2019 VS. 2020

CONDO SALES FIRST QUARTER 2019 VS. 2020 TOP 5 HOME SALES Q1 2020

Copyright 2019. 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 as of May 15th, 2020.

Profile for Saunders & Associates

Hamptons Real Estate Market Report, First Quarter 2019 vs. 2020  

Hamptons Real Estate Market Report, First Quarter 2019 vs. 2020

Hamptons Real Estate Market Report, First Quarter 2019 vs. 2020  

Hamptons Real Estate Market Report, First Quarter 2019 vs. 2020

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