hamptons real estate FIRST 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
FIRST QUARTER 2016 MARKET BRIEFS
TABLE OF CONTENTS 3
•
2015 trends continue with median prices rising slightly while the number of transactions declines.
•
Sagaponack had the highest median sale price in the Hamptons this quarter at $5.5M, and the Village of East Hampton was a close second with a median price of $5.395M.
•
The Village of East Hampton had the highest total dollar volume this quarter with sales totaling $175.8M, nearly 1.9 times the sales volume of the Town of East Hampton, which ranked second with total sales volume of $92.4M.
•
The Town of East Hampton saw the highest number of sales at 81, and Hampton Bays ranked second with 39 sales, followed closely by the Town of Southampton with 38 sales.
•
In the first quarter, the top 10 home sales in the Hamptons totaled $262.9M, representing 33% of the area's total dollar volume.
•
A listing in the Village of Quogue sold for $11.2M this quarter ranking it among the top 10 sales this quarter and making it one of the few properties in western Southampton to have ranked in the top 10 sales in the last 5 years.
ALL HAMPTONS
5 REMSENBURG 6
WESTHAMPTON
7
WESTHAMPTON BEACH
8
QUIOGUE
9 QUOGUE 10 EAST QUOGUE 11 HAMPTON BAYS 12 SOUTHAMPTON 13 VILLAGE OF SOUTHAMPTON 14 WATER MILL 15 BRIDGEHAMPTON 16 SAG HARBOR 17 VILLAGE OF SAG HARBOR 18 NORTH HAVEN 19 SHELTER ISLAND
TOP 10 SALES FIRST QUARTER 2016 PROPERTY ADDRESS
SOLD PRICE
93, 97 & 101 Lily Pond Lane, Village of East Hampton
$109,800,000
199 Lily Pond Lane, Village of East Hampton
$70,000,000
196 Bay Lane, Water Mill
$27,300,000
101 Hill Street, Southampton Village
$20,500,000
42 Beach Lane, Wainscott
$14,400,000
649 Hedges Lane, Village of Sagaponack
$14,000,000
52 Luther Drive, Southampton
$13,800,000
20 Westway Drive, Southampton
$13,500,000
26 AMAGANSETT
170 Parsonage Pond Lane, Village of Sagaponack
$13,100,000
27 MONTAUK
32 Shinnecock Road, Village of Quogue
$11,200,000
20 VILLAGE OF SAGAPONACK 21 WAINSCOTT 22 EAST HAMPTON 23 VILLAGE OF EAST HAMPTON 24 SPRINGS 25 EAST HAMPTON NW
Source: Long Island Real Estate Report. This report includes transactions that were closed between January 1, 2016 and March 31, 2016 and recorded before April 23, 2016. 2 FIRST QUARTER 2016
all hamptons 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$948K
$975K
2%
Dollar Volume
$956M
$785M
-17%
512
362
-29%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
2%
# of Transactions
% DIFFERENCE
CURRENTLY ON THE MARKET
MEDIAN PRICE
17%
DOLLAR VOLUME
29%
SALES TRANSACTIONS
207 Highland Terrace, $29,950,000 Web# 50147
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
% DIFFERENCE
Median Price
$1M
$651K
-35%
Dollar Volume
$35.2M
$11.1M
-68%
35
14
-60%
# of Transactions
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
$ Volume
# of Trans.
2015
92
$132.9M
2015
34
$79.4M
2016
47
$81.7M
2016
12
$44.2M
% DIFF.
FIRST QUARTER 2016
2016
-49%
-39%
% DIFF.
-65%
$ Volume
-44%
3
5 YEAR COMPARISON FIRST QUARTER HOMES SALES
www.saundersmarketreport.com
Q1 HOME SALES, 2015 VS. 2016
CURRENTLY ON THE MARKET
Q1 CONDO SALES, 2015 VS. 2016
Q1 LAND SALES 2015 VS. 2016
4 FIRST QUARTER 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
remsenburg 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015 vs. 2016 1ST QUARTER HOME SALES
62%
HOMES
2015
2016
Median Price
$705K
$1.1M
62.3%
Dollar Volume
$15.6M
$8.3M
-47%
11
8
-27%
# of Transactions
% DIFFERENCE
RECENTLY SOLD
MEDIAN PRICE
47%
DOLLAR VOLUME
27%
SALES TRANSACTIONS
189 B South Country Road, $1,256,000 Web# 48298
Q1 LAND SALES 2015 VS. 2016 Dollar Volume # of Transactions
2015
2016
% DIFFERENCE
$215K
0
N/A
1
0
N/A
*No recorded condo/coop or commercial sales in Q1 2015/16. FIRST QUARTER 2016
5
westhampton 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$845K
$648K
-23%
Dollar Volume
$10.1M
$8.3M
-17%
8
11
38%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
23%
# of Transactions
CURRENTLY ON THE MARKET
MEDIAN PRICE
17%
DOLLAR VOLUME
38%
SALES TRANSACTIONS
14A Montauk Highway, Westhampton, $1,850,000 Web# 12125
Q1 CONDO SALES, 2015 VS. 2016 2015
2016
Median Price
$167K
$193K
16%
Dollar Volume
$167K
$919K
451%
3
200%
CONDO/COOP
# of Transactions
1
% DIFFERENCE
Q1 LAND SALES 2015 VS. 2016 2015
2016
% DIFFERENCE
Dollar Volume
0
$420K
N/A
# of Transactions
0
1
N/A
*No recorded commercial sales in Q1 2015/16. 6 FIRST QUARTER 2016
westhampton beach 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$890K
$915K
3%
Dollar Volume
$13.5M
$17.7M
32%
13
11
-15%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
3%
# of Transactions
% DIFFERENCE
CURRENTLY ON THE MARKET
MEDIAN PRICE
32%
DOLLAR VOLUME
15%
SALES TRANSACTIONS
165 Dune Road, $6,200,000 Web# 45884
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
% DIFFERENCE
Median Price
$740K
$705K
-5%
Dollar Volume
$3.2M
$2.8M
15%
4
-67%
# of Transactions
5
Q1 LAND SALES 2015 VS. 2016 # of Trans.
Q1 COMMERCIAL SALES 2015 VS. 2016
$ Volume
# of Trans.
$ Volume
2015
3
$2.9M
2015
6
$21.5M
2016
1
$1M
2016
0
$0
% DIFF.
FIRST QUARTER 2016
2016
-67%
-66%
% DIFF.
N/A
N/A
7
quiogue 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$1.7M
$654K
-63%
Dollar Volume
$3.5M
$3.7M
4%
2
4
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
63%
# of Transactions
100%
CURRENTLY ON THE MARKET
MEDIAN PRICE
4%
DOLLAR VOLUME
100%
801 Montauk Highway, $625,000 Web# 24352
SALES TRANSACTIONS
*No recorded condo/coop, land or commercial sales in Q1 2015/16. 8 FIRST QUARTER 2016
quogue 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$3.3M
$1.4M
-58%
Dollar Volume
$49M
$38.8M
-21%
15
13
-13%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
58%
# of Transactions
CURRENTLY ON THE MARKET
MEDIAN PRICE
21%
DOLLAR VOLUME
13%
SALES TRANSACTIONS
48 Shinnecock Road, $11,000,000 Web# 40112
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
% DIFFERENCE
Median Price
$1.2M
$2M
74%
Dollar Volume
$2.3M
$2M
-13%
1
-50%
# of Transactions
2
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
2
$2.07M
2015
0
$0
2016
0
$0
2016
1
$425K
% DIFF.
FIRST QUARTER 2016
2016
N/A
N/A
% DIFF.
N/A
N/A
9
east quogue 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$508K
$611K
20%
Dollar Volume
$10.9M
$5.9M
-45%
16
9
-44%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
20%
# of Transactions
CURRENTLY ON THE MARKET
MEDIAN PRICE
45%
DOLLAR VOLUME
44%
SALES TRANSACTIONS
164 Chardonnay Drive, $1,250,000 Web# 40784
Q1 CONDO SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
0
$228K
N/A
Dollar Volume
0
$228K
N/A
# of Transactions
0
1
N/A
CONDO/COOP
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
2015
0
$0
2015
2
$3M
2016
1
$130K
2016
0
$0
% DIFF.
10 FIRST QUARTER 2016
$ Volume
N/A
N/A
% DIFF.
N/A
N/A
hampton bays 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$410K
$389K
-5%
Dollar Volume
$26.4M
$19.2M
-27%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
5%
# of Transactions
49
% DIFFERENCE
39
-20%
CURRENTLY ON THE MARKET
MEDIAN PRICE
27%
DOLLAR VOLUME
20%
SALES TRANSACTIONS
30 B Bay Avenue West, $1,295,000 Web# 12933
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
6
$2.16M
2015
2
$576K
2016
3
$685K
2016
2
$6.4M
% DIFF.
-50%
-68%
% DIFF.
0%
1,013%
*No recorded condo/coop sales in Q1 2015/16. FIRST QUARTER 2016
11
town of southampton Excluding Southampton Village
5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$729K
$754K
3%
Dollar Volume
$57.8M
$63.5M
10%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
3%
# of Transactions
56
% DIFFERENCE
38
-32%
CURRENTLY ON THE MARKET
MEDIAN PRICE
10%
DOLLAR VOLUME
32%
SALES TRANSACTIONS
20 Sandringham Lane. $4,395,000 Web# 41598
Q1 CONDO SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$440K
0
N/A
Dollar Volume
$440K
0
N/A
1
0
N/A
CONDO/COOP
# of Transactions
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
2015
13
$14.5M
2015
5
$15M
2016
3
$2.1M
2016
1
$1.9M
% DIFF.
12 FIRST QUARTER 2016
$ Volume
-77%
-85%
% DIFF.
-80%
-87%
southampton village 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
17%
2016
% DIFFERENCE
Median Price
$2.4M
$2M
-17%
Dollar Volume
$133.8M
$39.6M
-70%
# of Transactions
27
13
-52%
CURRENTLY ON THE MARKET
MEDIAN PRICE
70%
DOLLAR VOLUME
52%
SALES TRANSACTIONS
44 Pheasant Close North, $6,995,000 Web# 38855
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
% DIFFERENCE
Median Price
$1.2M
$753K
-35%
Dollar Volume
$20.8M
$753K
-96%
16
1
-94%
# of Transactions
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
$ Volume
# of Trans.
2015
5
$10.58M
2015
7
$15.1M
2016
2
$5.05M
2016
3
$26.1M
% DIFF.
FIRST QUARTER 2016
2016
-60%
-52%
% DIFF.
-57%
$ Volume
73%
13
water mill 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
70%
2016
% DIFFERENCE
Median Price
$2M
$3.4M
70%
Dollar Volume
$58.8M
$48.5M
-18%
# of Transactions
23
8
-65%
CURRENTLY ON THE MARKET
MEDIAN PRICE
18%
DOLLAR VOLUME
65%
SALES TRANSACTIONS
370 Fowler Street, $32,500,000 Web# 41284
Q1 CONDO SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
0
$2.4M
N/A
Dollar Volume
0
$2.4M
N/A
# of Transactions
0
1
N/A
CONDO/COOP
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
2015
4
$5.5M
2015
1
$2.3M
2016
4
$15.3M
2016
2
$6.7M
% DIFF.
14 FIRST QUARTER 2016
$ Volume
0%
177%
% DIFF.
100%
193%
bridgehampton 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015 vs. 2016 1ST QUARTER HOME SALES
37%
HOMES
2015
Median Price
$2.98M
$1.88M
-37%
Dollar Volume
$165.6M
$44.4M
-73%
# of Transactions
2016
32
% DIFFERENCE
17
-47%
CURRENTLY ON THE MARKET
MEDIAN PRICE
73%
DOLLAR VOLUME
47%
SALES TRANSACTIONS
228 Surfside Drive, $14,950,000 Web# 48933
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
4
$5.8M
2015
0
$0
2016
2
$4.6M
2016
1
$680K
% DIFF.
-50%
-16%
% DIFF.
N/A
N/A
*No recorded condo/coop sales in Q1 2015/16. FIRST QUARTER 2016
15
sag harbor Excluding Sag Harbor Village
5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$865K
$950K
10%
Dollar Volume
$32.5M
$23.4M
-28%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
10%
# of Transactions
31
% DIFFERENCE
19
-39%
CURRENTLY ON THE MARKET
MEDIAN PRICE
28%
DOLLAR VOLUME
39%
SALES TRANSACTIONS
11 Sims Drive, $3,795,000 Web# 49365
Q1 LAND SALES 2015 VS. 2016 Dollar Volume # of Transactions
2015
2016
% DIFFERENCE
$1.1M
$1.2M
11%
2
0%
2
*No recorded condo/coop or commercial sales in Q1 2015/16. 16 FIRST QUARTER 2016
sag harbor village 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
19%
2016
% DIFFERENCE
Median Price
$1.07M
$1.28M
19%
Dollar Volume
$31.4M
$30.2M
-4%
# of Transactions
24
16
-33%
CURRENTLY ON THE MARKET
MEDIAN PRICE
4%
DOLLAR VOLUME
33%
SALES TRANSACTIONS
FIRST QUARTER 2016
42 Howard Street, $10,500,00 Web# 38297
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
2016
% DIFFERENCE
Median Price
$1.2M
0
N/A
Dollar Volume
$3.1M
0
N/A
# of Transactions
3
0
N/A
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
1
$435K
2015
1
$1.7M
2016
1
$810K
2016
0
$0
% DIFF.
0%
86%
% DIFF.
N/A
N/A
17
north haven 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$920K
$2.7M
193%
Dollar Volume
$24M
$18.8M
-22%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
193%
# of Transactions
9
5
-44%
CURRENTLY ON THE MARKET
MEDIAN PRICE
22%
DOLLAR VOLUME
44%
SALES TRANSACTIONS
6 Seaponack Drive, $16,295,000 Web# 47212
Q1 LAND SALES 2015 VS. 2016 2015
Dollar Volume # of Transactions
$8.5M 4
2016
% DIFFERENCE
$0
N/A
0
N/A
*No recorded condo/coop or commercial sales in Q1 2015/16. 18 FIRST QUARTER 2016
shelter island 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015 vs. 2016 1ST QUARTER HOME SALES
13%
HOMES
2015
Median Price
$790K
$890K
13%
Dollar Volume
$12.9M
$19.2M
48%
12
18
50%
# of Transactions
2016
% DIFFERENCE
CURRENTLY ON THE MARKET
MEDIAN PRICE
48%
DOLLAR VOLUME
50%
SALES TRANSACTIONS
7 Lari Lane, $6,250,000 Web# 38411
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
6
$2.3M
2015
1
$2.5M
2016
4
$1.6M
2016
0
$0
% DIFF.
-33%
-29%
% DIFF.
N/A
N/A
*No recorded condo/coop sales in Q1 2015/16. FIRST QUARTER 2016
19
village of sagaponack 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$5.66M
$5.5M
Dollar Volume
$39.9M
$42.4M
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
3%
# of Transactions
6
5
% DIFFERENCE
-3% 6% -17%
CURRENTLY ON THE MARKET
MEDIAN PRICE
6%
DOLLAR VOLUME
17%
SALES TRANSACTIONS
99 Fairfield Pond Lane, $18,000,000 Web# 48182
Q1 LAND SALES 2015 VS. 2016 2015
Dollar Volume # of Transactions
$978K 1
2016
% DIFFERENCE
$0
N/A
0
N/A
*No recorded condo/coop or commercial sales in Q1 2015/16. 20 FIRST QUARTER 2016
wainscott 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015 vs. 2016 1ST QUARTER HOME SALES
87%
HOMES
2015
2016
% DIFFERENCE
Median Price
$1.5M
$2.8M
87%
Dollar Volume
$8.1M
$21M
159%
# of Transactions
5
4
-20%
CURRENTLY ON THE MARKET
MEDIAN PRICE
159%
DOLLAR VOLUME
20%
SALES TRANSACTIONS
6 Wainscott Main Street, $4,950,000 Web# 13668
Q1 LAND SALES 2015 VS. 2016 2015
Dollar Volume # of Transactions
$2.5M
2016
$760K
1
1
% DIFFERENCE
-70% 0%
*No recorded condo/coop or commercial sales in Q1 2015/16. FIRST QUARTER 2016
21
springs 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$660K
$820K
24%
Dollar Volume
$18.9M
$24M
27%
27
23
-15%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
24%
# of Transactions
% DIFFERENCE
CURRENTLY ON THE MARKET
MEDIAN PRICE
27%
DOLLAR VOLUME
15%
SALES TRANSACTIONS
72 Louse Point Road, $17,500,000 Web# 50369
Q1 LAND SALES 2015 VS. 2016 Dollar Volume # of Transactions
2015
2016
% DIFFERENCE
$2.2M
$2.5M
20%
6
16%
5
*No recorded condo/coop or commercial sales in Q1 2015/16. 22 FIRST QUARTER 2016
east hampton northwest 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
% DIFFERENCE
Median Price
$958K
$1.1M
20%
Dollar Volume
$44.2M
$38.5M
-13%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
20%
# of Transactions
36
29
-19%
CURRENTLY ON THE MARKET
MEDIAN PRICE
13%
DOLLAR VOLUME
19%
SALES TRANSACTIONS
180 Springy Banks Road, $19,750,000 Web# 38388
Q1 LAND SALES 2015 VS. 2016 2015
Dollar Volume # of Transactions
$1M 3
2016
% DIFFERENCE
$1.4M
-33%
2
37%
*No recorded condo/coop or commercial sales in Q1 2015/16. FIRST QUARTER 2016
23
east hampton
Excluding East Hampton Village, Springs & East Hampton Northwest
5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$658K
$689K
Dollar Volume
$38.9M
$29.9M
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
5%
# of Transactions
35
% DIFFERENCE
5% -23%
29
-17%
CURRENTLY ON THE MARKET
MEDIAN PRICE
23%
DOLLAR VOLUME
17%
SALES TRANSACTIONS
54 Towhee Trail, $3,950,000 Web# 50318
Q1 CONDO SALES, 2015 VS. 2016 2015
CONDO/COOP
% DIFFERENCE
Median Price
$750K
0
N/A
Dollar Volume
$750K
0
N/A
0
N/A
# of Transactions
1
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
8
$4.2M
2015
4
$10.2M
2016
3
$1.8M
2016
1
$1.4M
% DIFF.
24 FIRST QUARTER 2016
2016
-63%
-57%
% DIFF.
-75%
-86%
east hampton village 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
116%
2016
% DIFFERENCE
Median Price
$2.5M
$5.4M
116%
Dollar Volume
$72.8M
$175.9M
142%
21
9
-57%
# of Transactions
CURRENTLY ON THE MARKET
MEDIAN PRICE
142%
DOLLAR VOLUME
57%
SALES TRANSACTIONS
12 Heller Lane, $13,900,000 Web# 49493
Q1 LAND SALES 2015 VS. 2016 Dollar Volume # of Transactions
2015
2016
% DIFFERENCE
$48.6M
$30.2M
-60%
5
2
-38%
*No recorded condo/coop or commercial sales in Q1 2015/16. FIRST QUARTER 2016
25
amagansett 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015 vs. 2016 1ST QUARTER HOME SALES
17%
HOMES
2015
2016
Median Price
$1.6M
$1.8M
Dollar Volume
$53.8M
$36.9M
# of Transactions
26
% DIFFERENCE
17% -31%
16
-38%
CURRENTLY ON THE MARKET
MEDIAN PRICE
31%
DOLLAR VOLUME
38%
SALES TRANSACTIONS
13 Beach Plum Court, $11,900,000 Web# 45400
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
2015
7
$12.1M
2015
0
$0
2016
5
$5.7M
2016
1
$550K
% DIFF.
-29%
-53%
*No recorded condo/coop sales in Q1 2015/16. 26 FIRST QUARTER 2016
$ Volume
% DIFF.
100%
N/A
montauk 5 YEAR COMPARISON FIRST QUARTER HOMES SALES
Median Price Number of Sales
Q1 HOME SALES, 2015 VS. 2016 2015
2016
Median Price
$803K
$881K
10%
Dollar Volume
$24.7M
$20.4M
-17%
HOMES
2015 vs. 2016 1ST QUARTER HOME SALES
10%
# of Transactions
20
% DIFFERENCE
14
-30%
CURRENTLY ON THE MARKET
MEDIAN PRICE
17%
DOLLAR VOLUME
30%
SALES TRANSACTIONS
14 Maple Street, $13,950,000 Web# 52053
Q1 LAND SALES 2015 VS. 2016
Q1 COMMERCIAL SALES 2015 VS. 2016
# of Trans.
# of Trans.
$ Volume
$ Volume
2015
11
$5.1M
2015
4
$6.5M
2016
4
$6.1M
2016
0
$0
% DIFF.
-64%
20%
% DIFF.
N/A
N/A
*No recorded condo/coop sales in Q1 2015/16. FIRST QUARTER 2016
27
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.