Hamptons Real Estate Market Report - Third Quarter YTD 1/1-9/30 2022 vs. 2023

Page 1

hamptons real estate market report

THIRD QUARTER YTD 1/1- 9/30 2022 VS. 2023 PUBLISHED NOVEMBER 15TH, 2023

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


ANOTHER RECORD-BREAKING YEAR FOR SAUNDERS & ASSOCIATES

TRANSACTED

70 DEALS

OVER $10M SINCE 2020 There has never been a better time to list your home for sale. Limited inventory and robust demand suggest that we can sell your property for a record price.


hamptons real estate market report

THIRD QUARTER 1/1- 9/30 2022 VS. 2023 SaundersMarketReport.com 4 ALL HAMPTONS - Q3 2022 VS. 2023

18 SAG HARBOR

5 ALL HAMPTONS - 1/1 - 9/30 2022 VS. 2023

19 SAG HARBOR VILLAGE

6 REMSENBURG

20 NORTH HAVEN

7 WESTHAMPTON

21 SHELTER ISLAND

8 VILLAGE OF WESTHAMPTON BEACH

22 SAGAPONACK

9 WEST HAMPTON DUNES

23 SAGAPONACK VILLAGE

10 QUIOGUE

24 WAINSCOTT

11 QUOGUE VILLAGE

25 EAST HAMPTON MIDDLE

12 EAST QUOGUE

26 EAST HAMPTON VILLAGE

13 HAMPTON BAYS

27 EAST HAMPTON SPRINGS

14 SOUTHAMPTON

28 EAST HAMPTON NORTHWEST

15 SOUTHAMPTON VILLAGE

29 AMAGANSETT

16 WATER MILL

30 MONTAUK

17 BRIDGEHAMPTON published november 15th, 2023


all hamptons TOTAL SALES TRANSACTIONS THIRD QUARTER 2022 VS. 2023 HOME/LAND/CONDO/ COMMERCIAL

TOTAL SALES 2022

TOTAL SALES 2023

TOTAL % CHANGE

Sales Transactions

528

270

-49%

Median Price

$1.5M

$1.59M

6%

Dollar Volume

$1.58B

$689.63M

-56%

HOME SALES THIRD QUARTER 2022 VS. 2023 PRICE CATEGORY

HOME SALES Q3 2022 VS. 2023

49%

SALES TRANSACTIONS

0%

MEDIAN PRICE

52%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

123

52

-58%

$1M - $1.99M

129

87

-33%

$2M - $2.99M

70

32

-54%

$3M - $4.99M

57

34

-40%

$5M - $9.99M

41

10

-76%

$10M - $19.99M

16

5

-69%

OVER $20M

3

3

-

439

223

-49%

Median Price

$1.62M

$1.62M

-

Dollar Volume

$1.26B

$607.86M

-52%

HOME SALES 1/1 - 9/30 2022 VS. 2023

Sales Transactions

LAND SALES THIRD QUARTER 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

41

24

-42%

Median Price

$999K

$810K

-19%

Dollar Volume

$87.6M

$38.58M

-56%

CONDO SALES THIRD QUARTER 2022 VS. 2023 CONDO

2022

2023

% CHANGE

Sales Transactions

31

13

-58%

Median Price

$940K

$1.07M

14%

Dollar Volume

$39.3M

$18.02M

-54%

TOP 5 HOME SALES 3RD QTR 2023

4

PROPERTY ADDRESS

SOLD PRICE

COMMERCIAL SALES THIRD QUARTER 2022 VS. 2023

121 Further Lane, East Hampton

$52,000,000

COMMERCIAL

2022

2023

% CHANGE

72 Highland Terrace, Bridgehampton

$24,300,000

Sales Transactions

16

6

-63%

180 Pointe Mecox Ln., Bridgehampton

$24,000,000

Median Price

$3M

$1.95M

-35%

29 West Pond Drive, Bridgehampton

$13,450,000

Dollar Volume

$192.14M

$18.45M

-90%

19 Jericho Lane, East Hampton

$13,050,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


all hamptons TOTAL SALES TRANSACTIONS 1/1 - 9/30 2022 VS. 2023 HOME/LAND/CONDO/ COMMERCIAL

TOTAL SALES 2022

TOTAL SALES 2023

TOTAL % CHANGE

Sales Transactions

2,046

1,142

-44%

Median Price

$1.6M

$1.65M

3%

Dollar Volume

$5.97B

$3.18B

-47%

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

HOME SALES 1/1 - 9/30 2022 VS. 2023

43%

SALES TRANSACTIONS

5%

MEDIAN PRICE

45%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

452

238

-47%

$1M - $1.99M

501

295

-41%

$2M - $2.99M

259

155

-40%

$3M - $4.99M

219

149

-32%

$5M - $9.99M

146

65

-56%

$10M - $19.99M

60

25

-58%

OVER $20M

19

12

-37%

Sales Transactions

1,656

939

-43%

Median Price

$1.7M

$1.79M

5%

Dollar Volume

$5.01B

$2.76B

-45%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

195

112

-43%

Median Price

$850K

$950K

12%

Dollar Volume

$337.33M

$189.61M

-44%

CONDO SALES 1/1 - 9/30 2022 VS. 2023 CONDO

2022

2023

% CHANGE

Sales Transactions

124

56

-55%

Median Price

$975K

$1.06M

9%

Dollar Volume

$184.55M

$77.91M

-58%

TOP 5 HOME SALES 2023

COMMERCIAL SALES 1/1 - 9/30 2022 VS. 2023

PROPERTY ADDRESS

SOLD PRICE

32 Windmill Lane, East Hampton

$77,775,000

COMMERCIAL

2022

2023

% CHANGE

121 Further Lane, East Hampton

$52,000,000

Sales Transactions

68

31

-54%

442 Further Lane, Amagansett

$51,000,000

Median Price

$2.08M

$2.1M

1%

51 West End Road, East Hampton

$35,000,000

Dollar Volume

$433.24M

$145.63M

-66%

35 Dune Road, Bridgehampton

$33,480,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

5


remsenburg

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

36%

SALES TRANSACTIONS

3

%

MEDIAN PRICE

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

11

3

-73%

$1M - $1.99M

12

11

-8%

$2M - $2.99M

3

4

33%

$3M - $4.99M

5

1

-80%

$5M - $9.99M

-

1

N/A

$10M - $19.99M OVER $20M

-

-

-

Sales Transactions

31

20

-36%

Median Price

$1.58M

$1.54M

-3%

Dollar Volume

$53.95M

$38.47M

-29%

LAND SALES 1/1 - 9/30 2022 VS. 2023

29%

DOLLAR VOLUME

2023

% CHANGE

6

1

-83%

Median Price

$450K

$250K

-44%

Dollar Volume

$2.66M

$250K

-91%

LAND

Sales Transactions

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

6

SOLD PRICE

40 Cedar Lane

$6,195,000

10 Webb Court

$3,400,000

6 Fish Creek Lane

$2,500,000

1 Mallard Lane

$2,400,000

20 Club Lane

$2,400,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

2022


westhampton

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

47

%

SALES TRANSACTIONS

1%

MEDIAN PRICE

51%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

15

11

-27%

$1M - $1.99M

27

11

-59%

$2M - $2.99M

5

3

-40%

$3M - $4.99M

3

2

-33%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

51

27

-47%

Median Price

$1.36M

$1.35M

-1%

Dollar Volume

$78.28M

$38.2M

-51%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2023

% CHANGE

5

3

-40%

Median Price

$535K

$670K

25%

Dollar Volume

$4.31M

$2.1M

-51%

LAND

Sales Transactions

2022

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

11

10

-9%

SOLD PRICE

Sales Transactions

651 Dune Road

$3,400,000

Median Price

$1.04M

$1.01M

-2%

11 Fiddler Crab Trail

$3,075,000

Dollar Volume

$11.94M

$9.42M

-21%

8 Sweetgrass Road

$2,759,768

12 Bay Meadow Lane

$2,300,000

154 South Road

$2,225,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

7


village of westhampton beach

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

PRICE CATEGORY

46

%

SALES TRANSACTIONS

18

%

MEDIAN PRICE

44%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

9

5

-44%

$1M - $1.99M

5

5

-

$2M - $2.99M

10

3

-70%

$3M - $4.99M

8

2

-75%

$5M - $9.99M

2

4

100%

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

Sales Transactions

35

19

-46%

Median Price

$2.2M

$1.8M

-18%

Dollar Volume

$95.55M

$53.75M

-44%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

5

3

-40%

Median Price

$2.2M

$1.93M

-12%

Dollar Volume

$11.85M

$10.8M

-9%

LAND

Sales Transactions

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

6

4

-33%

121 Jessup Lane

$8,100,000

Median Price

$891K

$1.7M

91%

127 Jessup Lane

$7,200,000

1 Fiske Avenue

$5,900,000

Dollar Volume

$5.6M

$6.08M

9%

7 Cross Lane

$5,651,127

62 Beach Lane

$3,450,000

PROPERTY ADDRESS

8

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


west hampton dunes

HOME SALES Q3 YTD 2022 VS. 2023

HOME SALES 1/1 - 9/30 2022 VS. 2023

80%

$1M - $1.99M

2

1

-50%

$2M - $2.99M

2

-

-100%

SALES TRANSACTIONS

$3M - $4.99M

4

1

-75%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

10

2

-80%

Median Price

$2.85M

$2.69M

-6%

Dollar Volume

$30.02M

$5.38M

-82%

6

%

MEDIAN PRICE

82%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

1

-

-100%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

2

-

-100%

Median Price

$2.02M

-

-100%

Dollar Volume

$4.04M

-

-100%

LAND

Sales Transactions

% CHANGE

TOP HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

854 Dune Road

$3,995,000

774A Dune Road

$1,380,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

9


quiogue

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

50%

SALES TRANSACTIONS

4

%

MEDIAN PRICE

49

%

DOLLAR VOLUME

PRICE CATEGORY

10

$5,775,000

16 Sheppard Street

$3,800,000

17 Carwin Lane

$2,999,999

17 Quantuck Bay Lane

$2,800,000

515 Montauk Highway

$1,575,000

% CHANGE

7

2

-71%

$1M - $1.99M

5

4

-20%

$2M - $2.99M

4

2

-50%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

2

1

-50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

20

10

-50%

Median Price

$1.61M

$1.54M

-4%

Dollar Volume

$43.93M

$22.39M

-49%

Sales Transactions

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

2

1

-50%

Median Price

$525K

$1.2M

129%

Dollar Volume

$1.05M

$1.2M

14%

LAND

Sales Transactions

SOLD PRICE

35 Homans Avenue

2023 SALES

Under $1M

TOP HOME SALES 2023 PROPERTY ADDRESS

2022 SALES

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

% CHANGE


quogue village

HOME SALES Q3 YTD 2022 VS. 2023

21

%

SALES TRANSACTIONS

14%

MEDIAN PRICE

51

%

DOLLAR VOLUME

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

10

6

-40%

$2M - $2.99M

3

7

133%

$3M - $4.99M

2

5

150%

$5M - $9.99M

5

1

-80%

$10M - $19.99M

3

-

-100%

OVER $20M

-

-

-

Sales Transactions

24

19

-21%

Median Price

$2.68M

$2.3M

-14%

Dollar Volume

$106M

$52.48M

-51%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

7

3

-57%

Median Price

$1.8M

$1.65M

-8%

Dollar Volume

$16.38M

$4.62M

-72%

LAND

Sales Transactions

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023 PROPERTY ADDRESS

CONDO

2022

2023

% CHANGE

1

2

100%

SOLD PRICE

Sales Transactions

30 Second Neck Lane

$7,600,000

Median Price

$1.5M

$2.94M

96%

37 Second Neck Lane

$4,375,000

Dollar Volume

$1.5M

$5.88M

292%

4 Post Lane

$4,100,000

115 Dune Road

$3,950,000

1 Waters Edge Drive

$3,500,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

11


east quogue

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

41%

SALES TRANSACTIONS

7%

MEDIAN PRICE

31%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

43

25

-42%

$1M - $1.99M

34

21

-38%

$2M - $2.99M

8

2

-75%

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

86

51

-41%

Median Price

$1.01M

$1.08M

7%

Dollar Volume

$102.2M

$70.85M

-31%

Sales Transactions

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

7

1

-86%

Median Price

$475K

$349K

-27%

Dollar Volume

$2.95M

$349K

-88%

LAND

Sales Transactions

% CHANGE

CONDO SALES 1/1 - 9/30 2022 VS. 2023 CONDO

TOP 5 HOME SALES 2023

2023

% CHANGE

3

2

-33%

SOLD PRICE

Sales Transactions

4 Squires Avenue

$12,350,000

Median Price

$425K

$408K

-4%

37C Dune Road

$3,526,000

Dollar Volume

$1.38M

$817K

-41%

47 Shinnecock Road

$3,375,000

5 Corbett Drive

$2,200,000

20 Groveland Avenue

$2,000,000

PROPERTY ADDRESS

12

2022

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


hampton bays

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

%

Under $1M

173

90

-48%

$1M - $1.99M

40

22

-45%

$2M - $2.99M

3

4

33%

SALES TRANSACTIONS

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

217

118

-46%

Median Price

$760K

$779K

3%

Dollar Volume

$185.16M

$113.4M

-39%

46

3

%

MEDIAN PRICE

LAND SALES 1/1 - 9/30 2022 VS. 2023

39%

DOLLAR VOLUME

TOP 5 HOME SALES 2023

2022

2023

8

1

-88%

Median Price

$315K

$950K

202%

Dollar Volume

$3.4M

$950K

-72%

LAND

Sales Transactions

% CHANGE

CONDO SALES 1/1 - 9/30 2022 VS. 2023 CONDO

2022

2023

% CHANGE

5

8

60%

SOLD PRICE

Sales Transactions

20 Peconic Crescent

$4,565,000

Median Price

$469K

$800K

71%

15 Tiana Circle

$3,150,000

Dollar Volume

$2.56M

$7.89M

208%

2 Corwin Lane

$2,762,500

11 Tiana Circle

$2,500,000

10 Bay View Drive

$2,500,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

13


southampton

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

39%

SALES TRANSACTIONS

14%

MEDIAN PRICE

39%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

46

25

-46%

$1M - $1.99M

62

40

-36%

$2M - $2.99M

31

16

-48%

$3M - $4.99M

21

18

-14%

$5M - $9.99M

6

5

-17%

$10M - $19.99M

3

-

-100%

OVER $20M

-

-

-

Sales Transactions

169

104

-39%

Median Price

$157M

$1.78M

14%

Dollar Volume

$368.7M

$223.43M

-39%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

21

13

-38%

Median Price

$500K

$525K

5%

Dollar Volume

$14.43M

$7.02M

-51%

CONDO SALES 1/1 - 9/30 2022 VS. 2023

TOP 5 HOME SALES 2023

14

CONDO

2022

2023

% CHANGE

31

4

-87%

PROPERTY ADDRESS

SOLD PRICE

Sales Transactions

425 North Main Street

$9,711,392

Median Price

$908K

$1.03M

14%

8 Studio Lane

$7,480,000

Dollar Volume

$27.85M

$4.18M

-85%

112 Wooleys Drive

$6,499,000

4 Frazier Avenue

$6,100,000

39 Lenape Road

$5,000,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


southampton village

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

38

%

SALES TRANSACTIONS

24%

MEDIAN PRICE

53%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

6

7

17%

$1M - $1.99M

12

5

-58%

$2M - $2.99M

14

13

-7%

$3M - $4.99M

19

15

-21%

$5M - $9.99M

17

6

-65%

$10M - $19.99M

15

8

-47%

OVER $20M

5

1

-80%

Sales Transactions

88

55

-38%

Median Price

$4.2M

$3.18M

-24%

Dollar Volume

$622.34M

$290.55M

-53%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

5

2

-60%

Median Price

$2.04M

$2.48M

21%

Dollar Volume

$43.64M

$4.95M

-89%

LAND

Sales Transactions

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

SOLD PRICE

Sales Transactions

27

6

-78%

1 Boatmans Lane

$28,075,000

Median Price

$2.75M

$2.4M

-13%

103 Great Plains Road

$18,700,000

Dollar Volume

$75.64M

$12.22M

-84%

446 First Neck Lane

$16,950,000

143 Meadowmere Lane

$16,000,000

793 Wickapogue Road

$13,050,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

15


water mill

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

36

PRICE CATEGORY

%

SALES TRANSACTIONS

12

%

MEDIAN PRICE

33

%

DOLLAR VOLUME

2022 SALES

2023 SALES

% CHANGE

Under $1M

4

-

-100%

$1M - $1.99M

10

8

-21%

$2M - $2.99M

10

9

-10%

$3M - $4.99M

12

8

-33%

$5M - $9.99M

17

9

-47%

$10M - $19.99M

7

4

-43%

OVER $20M

1

1

-

Sales Transactions

61

39

-36%

Median Price

$4.26M

$3.75M

-12%

Dollar Volume

$315.18M

$210.01M

-33%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

Sales Transactions

14

7

-50%

Median Price

$2.04M

$2.4M

18%

Dollar Volume

$39.17M

$21.49M

-45%

% CHANGE

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

2022

2023

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

180 Rose Hill Road

$20,000,000

Median Price

$2.6M

-

-100%

535 Flying Point Road

$17,000,000

Dollar Volume

$2.6M

-

-100%

31 Morrison Lane

$15,250,000

5 Burnetts Cove Road

$11,500,000

79 Osprey Way

$10,390,000

PROPERTY ADDRESS

16

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


bridgehampton

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

57

%

SALES TRANSACTIONS

15

%

MEDIAN PRICE

54

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

9

1

-89%

$1M - $1.99M

9

7

-22%

$2M - $2.99M

12

8

-33%

$3M - $4.99M

15

8

-47%

$5M - $9.99M

20

4

-80%

$10M - $19.99M

11

2

-82%

OVER $20M

1

3

200%

Sales Transactions

77

33

-57%

Median Price

$3.65M

$3.1M

-15%

Dollar Volume

$433.03M

$197.28M

-54%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

5

8

60%

Median Price

$1.89M

$2.7M

43%

Dollar Volume

$8.49M

$26.25M

209%

LAND

Sales Transactions

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

2

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

35 Dune Road

$33,480,000

Median Price

$1.05M

-

-100%

72 Highland Terrace

$24,300,000

Dollar Volume

$2.1M

-

-100%

180 Pointe Mecox Lane

$24,000,000

29 West Pond Drive

$13,450,000

1865 Scuttle Hole Road

$10,400,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

17


sag harbor

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

41%

SALES TRANSACTIONS

8

%

MEDIAN PRICE

23

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

23

13

-44%

$1M - $1.99M

43

19

-56%

$2M - $2.99M

15

7

-53%

$3M - $4.99M

6

11

83%

$5M - $9.99M

6

5

-17%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

93

55

-41%

Median Price

$1.52M

$1.65M

8%

Dollar Volume

$177.72M

$137.13M

-23%

Sales Transactions

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

Sales Transactions

7

7

Median Price

$999K

$650K

-35%

Dollar Volume

$7.06M

$8.79M

25%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

18

SOLD PRICE

2568 Noyack Road

$9,450,000

65 Cliff Drive

$6,700,000

24 Crescent Street

$5,995,000

23 Fourteen Hills Court

$5,955,000

46 Harrys Lane

$5,125,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

% CHANGE -


sag harbor village

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

PRICE CATEGORY

56

2022 SALES

2023 SALES

% CHANGE

%

Under $1M

7

1

-86%

$1M - $1.99M

30

10

-67%

$2M - $2.99M

14

8

-43%

SALES TRANSACTIONS

$3M - $4.99M

18

10

-44%

$5M - $9.99M

3

4

33%

$10M - $19.99M

3

-

-100%

OVER $20M

-

-

-

Sales Transactions

75

33

-56%

Median Price

$2.1M

$2.3M

10%

Dollar Volume

$213.46M

$91.82M

-57%

10%

MEDIAN PRICE

57

%

DOLLAR VOLUME

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

4

3

-25%

Median Price

$2M

$525K

-74%

Dollar Volume

$10.58M

$1.52M

-86%

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

% CHANGE

11

5

-55%

SOLD PRICE

Sales Transactions

52 Glover Street

$5,900,000

Median Price

$2.82M

$1.55M

-45%

286 Division Street

$5,500,000

Dollar Volume

$31.29M

$13.74M

-56%

156 Main Street

$5,500,000

30 Hampton Street

$5,275,000

24 Ninevah Place

$4,871,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

19


north haven

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

71

%

SALES TRANSACTIONS

26

%

MEDIAN PRICE

86

%

DOLLAR VOLUME

PRICE CATEGORY

20

SOLD PRICE

18 South Harbor Drive

$3,650,000

28 Payne Avenue

$3,650,000

8 Fresh Pond Road

$3,100,000

36 Woodland Drive

$2,950,000

9 Bayberry Lane

$2,850,000

2023 SALES

% CHANGE

Under $1M

2

-

-100%

$1M - $1.99M

9

2

-78%

$2M - $2.99M

2

3

50%

$3M - $4.99M

5

3

-40%

$5M - $9.99M

7

-

-100%

$10M - $19.99M

2

-

-100%

OVER $20M

1

-

-100%

Sales Transactions

28

8

-71%

Median Price

$3.92M

$2.9M

-26%

Dollar Volume

$148.61M

$21.59M

-86%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

2

-

-100%

Median Price

$1.98M

-

-100%

Dollar Volume

$3.95M

-

-100%

LAND

Sales Transactions

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

2022 SALES

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

% CHANGE


shelter island

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

31%

SALES TRANSACTIONS

16

%

MEDIAN PRICE

23

%

DOLLAR VOLUME

PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

13

7

-46%

$1M - $1.99M

16

14

-13%

$2M - $2.99M

5

4

-20%

$3M - $4.99M

7

2

-71%

$5M - $9.99M

1

1

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

42

29

-31%

Median Price

$1.58M

$1.32M

-16%

Dollar Volume

$83.84M

$64.54M

-23%

Sales Transactions

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

18

8

-56%

Median Price

$578K

$688K

19%

Dollar Volume

$20.49M

$7.28M

-65%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

2 Charlies Lane

$12,950,000

29 Winthrop Road

$8,725,000

10B Club Drive

$4,600,000

58 Westmoreland Drive

$3,225,000

45 Peconic Avenue

$2,752,518

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

21


sagaponack

HOME SALES 1/1 - 9/30 2022 VS. 2023

HOME SALES Q3 YTD 2022 VS. 2023

38

%

SALES TRANSACTIONS

31%

PRICE CATEGORY

DOLLAR VOLUME

2

100%

$1M - $1.99M

1

-

-100%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

4

1

-75%

$5M - $9.99M

2

1

-50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

8

5

-38%

Median Price

$3.67M

$2.52M

-31%

Dollar Volume

$29.22M

$12.64M

-57%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

4

1

-75%

Median Price

$2.89M

$1.5M

-48%

Dollar Volume

$12.72M

$1.5M

-88%

22

SOLD PRICE

284 Sprig Tree Path

$5,995,000

877 Sagg Road

$3,400,000

22 Ranch Court

$2,520,000

187 Merchants Path

$428,000

560 Toppings Path

$300,000

% CHANGE

1

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

2023 SALES

Under $1M

MEDIAN PRICE

57%

2022 SALES

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


sagaponack village

HOME SALES Q3 YTD 2022 VS. 2023

14%

SALES TRANSACTIONS

4

%

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

DOLLAR VOLUME

2023 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

2

-

-100%

$3M - $4.99M

1

2

100%

$5M - $9.99M

7

7

-

$10M - $19.99M

2

2

-

OVER $20M

2

1

-50%

Sales Transactions

14

12

-14%

Median Price

$7.68M

$8M

4%

Dollar Volume

$173M

$106.09M

-39%

MEDIAN PRICE

39%

2022 SALES

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

2

4

100%

Median Price

$9.62M

$3.28M

-66%

Dollar Volume

19.25M

$16.39M

-15%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

232 Gibson Lane

$20,500,000

289 Parsonage Lane

$15,335,018

193 Sagaponack Main Street

$10,500,000

113 Parsonage Lane

$9,350,000

412 Hedges Lane

$8,350,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

23


wainscott

HOME SALES Q3 YTD 2022 VS. 2023

56%

SALES TRANSACTIONS

11 57% %

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

1

N/A

$1M - $1.99M

6

-

-100%

$2M - $2.99M

7

6

-14%

$3M - $4.99M

9

2

-78%

$5M - $9.99M

3

2

-33%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

25

11

-56%

Median Price

$2.94M

$2.62M

-11%

Dollar Volume

$81.14M

$35.2M

-57%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

2

4

100%

Median Price

$1.16M

$3.65M

215%

Dollar Volume

$2.32M

$15.15M

554%

LAND

Sales Transactions

24

SOLD PRICE

40 Sayres Path

$8,400,000

129 Sayres Path

$5,250,000

2 Elishas Path

$3,500,000

7 Sachems Path

$3,250,000

19 Georgica Woods Lane

$2,750,000

% CHANGE

-

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

2023 SALES

Under $1M

MEDIAN PRICE

DOLLAR VOLUME

2022 SALES

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


east hampton middle

HOME SALES Q3 YTD 2022 VS. 2023

32

%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

38

%

DOLLAR VOLUME

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

36

16

-56%

$1M - $1.99M

51

40

-22%

$2M - $2.99M

26

13

-50%

$3M - $4.99M

11

20

82%

$5M - $9.99M

8

3

-63%

$10M - $19.99M

3

1

-67%

OVER $20M

1

-

-100%

Sales Transactions

136

93

-32%

Median Price

$1.5M

$1.6M

6%

Dollar Volume

$326.27M

$203.2M

-38%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

17

10

-41%

Median Price

$850K

$538K

-37%

Dollar Volume

$21.88M

$6.72M

-69%

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

CONDO

2022

2023

6

4

-33%

% CHANGE

SOLD PRICE

Sales Transactions

12 Eileens Path

$11,500,000

Median Price

$921K

$1.1M

19%

76 Gould Street

$6,050,000

Dollar Volume

$6.27M

$5.42M

-14%

69 Buell Lane Extension

$5,100,000

81 Skimhampton Road

$5,000,000

23 Spring Close Highway

$4,625,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

25


east hampton village

HOME SALES Q3 YTD 2022 VS. 2023

39

%

SALES TRANSACTIONS

15%

MEDIAN PRICE

11

%

DOLLAR VOLUME

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

4

3

-25%

$2M - $2.99M

10

8

-20%

$3M - $4.99M

8

2

-75%

$5M - $9.99M

11

4

-64%

$10M - $19.99M

3

3

-

OVER $20M

5

5

-

Sales Transactions

41

25

-39%

Median Price

$4.75M

$4.05M

-15%

Dollar Volume

$363.3M

$322.24M

-11%

LAND SALES 1/1 - 9/30 2022 VS. 2023 2022

2023

% CHANGE

6

5

-17%

Median Price

$4.41M

$4.22M

-4%

Dollar Volume

$26.5M

$20.02M

-24%

LAND

Sales Transactions

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

2022

2023

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

32 Windmill Lane

$77,775,000

Median Price

$1.88M

-

-100%

121 Further Lane

$52,000,000

Dollar Volume

$1.88M

-

-100%

51 West End Road

$35,000,000

31 Two Mile Hollow Road

$29,000,000

19 Hook Pond Lane

$26,000,000

PROPERTY ADDRESS

26

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


east hampton springs

HOME SALES Q3 YTD 2022 VS. 2023

32%

SALES TRANSACTIONS

1%

MEDIAN PRICE

33%

DOLLAR VOLUME

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

27

20

-26%

$1M - $1.99M

42

31

-26%

$2M - $2.99M

18

7

-61%

$3M - $4.99M

4

4

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

91

62

-32%

Median Price

$1.34M

$1.35M

1%

Dollar Volume

$137.75M

$92.94M

-33%

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

14

9

-36%

Median Price

$670K

$730K

9%

Dollar Volume

$11.02M

$6.89M

-37%

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

30 Briarcroft Drive

$4,400,000

286 Old Stone Highway

$3,600,000

22 School Street

$3,400,000

146 Old Stone Highway

$3,250,000

22 Farm House Lane

$2,600,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

27


east hampton northwest

HOME SALES Q3 YTD 2022 VS. 2023

54%

SALES TRANSACTIONS

8

%

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2

-78%

$1M - $1.99M

40

21

-48%

$2M - $2.99M

31

16

-48%

$3M - $4.99M

31

12

-61%

$5M - $9.99M

4

2

-50%

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

116

53

-54%

Median Price

$2.29M

$2.1M

-8%

Dollar Volume

$296.2M

$132.83M

-55%

Sales Transactions

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

Sales Transactions

18

5

-72%

Median Price

$665K

$955K

44%

Dollar Volume

$14.63M

$5.16M

-65%

TOP 5 HOME SALES 2023

28

SOLD PRICE

20 Peach Farm Lane

$6,075,000

67 Bull Path

$5,212,500

203 Bull Path

$4,800,000

16 Peach Farm Lane

$4,750,000

2 Three Mile Harbor Drive

$4,600,000

% CHANGE

9

DOLLAR VOLUME PROPERTY ADDRESS

2023 SALES

Under $1M

MEDIAN PRICE

55%

2022 SALES

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

% CHANGE


amagansett

HOME SALES Q3 YTD 2022 VS. 2023

60%

SALES TRANSACTIONS

31%

MEDIAN PRICE

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

2022 SALES

2023 SALES

% CHANGE

Under $1M

4

1

-75%

$1M - $1.99M

5

1

-80%

$2M - $2.99M

6

4

-33%

$3M - $4.99M

11

9

-18%

$5M - $9.99M

16

3

-81%

$10M - $19.99M

5

1

-80%

OVER $20M

3

1

-67%

Sales Transactions

50

20

-60%

Median Price

$4.74M

$3.26M

-31%

Dollar Volume

$352.18M

$124.63M

-65%

LAND SALES 1/1 - 9/30 2022 VS. 2023

65%

DOLLAR VOLUME

2022

2023

% CHANGE

4

5

25%

Median Price

$2.17M

$1.55M

-29%

Dollar Volume

$17.25M

$13.36M

-23%

LAND

Sales Transactions

TOP 5 HOME SALES 2023 PROPERTY ADDRESS

SOLD PRICE

442 Further Lane

$51,000,000

411 Town Lane

$11,149,875

472 Further Lane

$8,300,000

39 Handy Lane

$6,899,000

11 Atlantic Avenue

$5,130,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023

29


montauk

HOME SALES Q3 YTD 2022 VS. 2023

47%

SALES TRANSACTIONS

17%

HOME SALES 1/1 - 9/30 2022 VS. 2023 PRICE CATEGORY

DOLLAR VOLUME

2023 SALES

% CHANGE

Under $1M

5

6

20%

$1M - $1.99M

26

13

-50%

$2M - $2.99M

18

7

-61%

$3M - $4.99M

11

6

-46%

$5M - $9.99M

7

2

-71%

$10M - $19.99M

1

2

100%

OVER $20M

-

-

-

68

36

-47%

Median Price

$2.05M

$1.71M

-17%

Dollar Volume

$191.27M

$98.74M

-48%

Sales Transactions

MEDIAN PRICE

48%

2022 SALES

LAND SALES 1/1 - 9/30 2022 VS. 2023 LAND

2022

2023

% CHANGE

Sales Transactions

10

8

-20%

Median Price

$1.01M

$542K

-46%

Dollar Volume

$17.3M

$6.84M

-61%

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

30

CONDO

2022

2023

% CHANGE

19

11

-42%

PROPERTY ADDRESS

SOLD PRICE

Sales Transactions

216 Old Montauk Highway

$14,000,000

Median Price

$675K

$685K

2%

5 Agnew Avenue

$10,100,000

Dollar Volume

$13.95M

$12.27M

-12%

36 Homeward Lane

$8,348,000

42 Old West Lake Drive

$5,150,000

17 Hoover Court

$4,400,000

HAMPTONS REAL ESTATE MARKET REPORT, 1/1 - 9/30 2022 VS. 2023


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We are in the process of building-out our innovative national title insurance model and soon will be able to provide title services nationwide....Stay Tuned. In the meantime, as the leading title insurance firm in the Hamptons, we encourage you to contact us for all of your title insurance needs in the Hamptons and in New York State.

YOUR LOCAL HAMPTONS TITLE EXPERTS

TITLE INSURANCE | NYTA LAND USE REPORTS

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TitleInsurance.com | NewYorkTitle.com

(631) 537- 4400 | 2510 Montauk Highway, Bridgehampton | Info@NewYorkTitle.com | @NewYorkTitle | “New York Title Abstract Services, Inc. Insuring The Future” is registered in the U.S. Patent and Trademark Office.


HOME SALES Q3 YTD 2022 VS. 2023

HOME SALES 1/1 - 9/30 2022 VS. 2023

LAND SALES 1/1 - 9/30 2022 VS. 2023

CONDO SALES 1/1 - 9/30 2022 VS. 2023 TOP 5 HOME SALES 2023

Copyright 2023. 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 November 10th, 2023.


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