hamptons real estate market report FIRST HALF OF
amagansett bridgehampton east hampton hampton bays
montauk napeague north haven quogue
2016
remsenburg sagaponack sag harbor shelter island
SaundersMarketReport.com
southampton wainscott water mill westhampton
The Most Effective Brokerage Firm In The Hamptons
40% Involved in
of all transactions from Southampton to Montauk
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES Representing more than
$2 BILLION of Hamptons Real Estate
market trends for the first half of 2016
TABLE OF CONTENTS 3 5
ALL HAMPTONS REMSENBURG
6
WESTHAMPTON
7
WESTHAMPTON BEACH
8
QUIOGUE
9
QUOGUE
10
EAST QUOGUE
11
HAMPTON BAYS
12
SOUTHAMPTON
13
SOUTHAMPTON VILLAGE
14
WATER MILL
15
BRIDGEHAMPTON
16
SAG HARBOR
17
SAG HARBOR VILLAGE
18
NORTH HAVEN
19
SHELTER ISLAND
20
VILLAGE OF SAGAPONACK
TOP 5 SALES
21
WAINSCOTT
22
EAST HAMPTON
23
EAST HAMPTON VILLAGE
24
SPRINGS
25
EAST HAMPTON NORTHWEST
26
AMAGANSETT
27 MONTAUK
• The total number of transaction in the Hamptons for the first half of the year have declined for the first time since 2011, while the overall median price is the highest since 2007. • There was a significant increase in the number of land sales in Springs, and the Hampton Bays, East Quogue and Quogue areas, but overall in the Hamptons the number of land sale transactions is down 22%. • Condo sales are slowing compared to last year; the number of transactions is down 37% and the median price is also down 47% overall. • Shelter Island is showing significant growth with the number of transactions increasing 69%, the median price increasing 158%, which culminates in a 78% growth in total dollar volume. • Once again Sag Harbor is showing as the hottest market in the Hamptons, with the number of transactions between $5M and $10M increasing while the under-a-million market has steadily decreased. Median prices have increased 16% in the Village, 9% in North Haven, and 12% outside the village. METHODOLOGY: This report compares transactions that closed between January 1 and June 30 of 2015, to transactions that closed in the same time period in 2016.
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
all hamptons FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
FIRST FIRSTHALF HALF2015 2015VS. VS.2016 2016 HOME HOMESALES SALES
12%
SALES TRANSACTIONS
1
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
579
508
-12%
$1M - $1.99M
274
254
-7%
$2M - $2.99M
103
84
-18%
$3M - $4.99M
88
66
-25%
$5M - $9.99M
50
51
2%
$10M - $14.99M
15
11
-27%
OVER $15M
11
7
-36%
Sales Transactions
1,120
981
Median Price
$982K
$995K
1%
$2.1B
$1.8B
-12%
Dollar Volume
-12%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
175
137
$212.5M
$197.5M
% DIFFERENCE
-22% -7%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES
%
MEDIAN PRICE
CONDO/COOP
Sales Transactions Median Price Dollar Volume
12%
2015
2016
% DIFFERENCE
111
70
-37%
$999K
$530K
-47%
$131.1M
$53.8M
-59%
10 YEAR COMPARISON FIRST HALF HOME SALES
DOLLAR VOLUME TOP TOP55SALES SALES PROPERTY ADDRESS 93, 97 + 101 Lily Pond Ln. (H+L) Village of East Hampton
SOLD PRICE $110M
199 Lily Pond Lane
$70M
20, 24, 26 West End Ave. (H+L)
$38M
Village of East Hampton
Village of East Hampton
196 Bay Lane
Water Mill
207 Highland Terrace
Bridgehampton
$27.25M $22M
Data includes all 1st quarter and 2nd quarter transactions that were recorded before July 15th 2016.
(H+L) = Home + Land
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
3
www.saundersmarketreport.com
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 LAND SALES
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES TOP 5 SALES
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
remsenburg
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
5%
SALES TRANSACTIONS
31%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
11
10
-9%
$1M - $1.99M
6
7
17%
$2M - $2.99M
1
1
0%
$3M - $4.99M
2
-
-100%
$5M - $9.99M
-
-
-
$10M - $14.99M
-
1
N/A
OVER $15M
-
-
-
20
19
-5%
$762K
$995K
31%
$25.6M
$29.7M
16%
Sales Transactions Median Price Dollar Volume
16
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
3
$6.4M
$1.1M
% DIFFERENCE
0% -83%
TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
74 Cedar Lane West
$10,350,000
24 Basket Neck Lane
$2,720,000
19 Tuthill Lane
$1,830,000
12 Halsey Road
$1,650,000
16 Ring Neck Road
$1,517,500
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
5
westhampton
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
39%
SALES TRANSACTIONS
9
%
MEDIAN PRICE
13
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
Under $1M
42%
$1M - $1.99M
3
6
100%
$2M - $2.99M
2
1
-50%
$3M - $4.99M
1
1
0%
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
18
25
39%
Sales Transactions Median Price
$808K
$735K
-9%
Dollar Volume
$21.9M
$24.7M
13%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
1
3
$110K
$930K
% DIFFERENCE
200% 746%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES Sales Transactions Median Price
10 Tanners Neck Lane
$3,265,000
Dollar Volume
28 Tanners Neck Lane
$2,150,000
3 Sandpiper Court
$1,875,000
26 Brushy Neck Lane
$1,600,000
60 Baycrest Avenue
$1,540,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
% DIFFERENCE
17
SOLD PRICE
PROPERTY ADDRESS
2016 SALES
12
CONDO/COOP
TOP 5 SALES
2015 SALES
2015
2016
6
6
% DIFFERENCE
-
$612K
$354K
-42%
$3.21M
$2.39M
-26%
westhampton beach
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
42
MEDIAN PRICE
35%
15
-32%
$1M - $1.99M
18
7
-61%
$2M - $2.99M
10
4
-60%
$3M - $4.99M
4
4
0%
$5M - $9.99M
1
2
100%
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
55
32
-42%
Median Price
$341K
$485K
42%
Median Price
$1.3M
$1.6M
25%
Median Price
$2.5M
$2.9M
17%
$83.6M
$54M
-35%
Sales Transactions (WHB)
(WHB Village)
(West Hampton Dunes)
Dollar Volume
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
3
$2.2M
$4.8M
% DIFFERENCE
0% 121%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES
TOP 5 SALES PROPERTY ADDRESS
% DIFFERENCE
22
SALES TRANSACTIONS
25
2016 SALES
Under $1M
%
%
2015 SALES
SOLD PRICE
CONDO/COOP
2015
2016
17
9
% DIFFERENCE
266 Dune Road
$5,025,000
Sales Transactions
164 Dune Road
$5,000,000
Median Price
$938K
$908K
-3%
364 Dune Road
$4,212,500
133 Jessup Lane
$3,935,000
(WHB Village)
Median Price
$574K
$640K
11%
28 Seafield Lane (Land)
$3,400,000
Dollar Volume
$11.6M
$6.3M
-46%
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
(WHB)
-47%
7
quiogue
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
13%
SALES TRANSACTIONS
63
%
MEDIAN PRICE
56
%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS 147 Brook Road
SOLD PRICE $2,208,800
37 Homestead Avenue
$768,977
47 South Country Road
$540,000
33 Hampton Street (Land)
$412,000
127 Peters Lane
$360,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
4
6
50%
$1M - $1.99M
3
-
-100%
$2M - $2.99M
1
1
0%
$3M - $4.99M
-
-
-
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
Sales Transactions
8
7
-13%
Median Price Dollar Volume
$975K
$360K
-63%
$10.3M
$4.5M
-56%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
1
$1.1M
$412K
% DIFFERENCE
-67% -61%
quogue
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES
29%
PRICE CATEGORY
SALES TRANSACTIONS
11 16% %
MEDIAN PRICE
6
-40%
$1M - $1.99M
10
8
-20%
$2M - $2.99M
2
3
50%
$3M - $4.99M
7
1
-86%
$5M - $9.99M
5
5
0%
$10M - $14.99M
-
1
N/A
OVER $15M
-
-
-
34
24
-29%
Dollar Volume
32 Shinnecock Road
$1.8M
$1.61M
-11%
$83.1M
$69.9M
-16%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
6
$3.6M
$4.4M
% DIFFERENCE
100% 23%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
PROPERTY ADDRESS
% DIFFERENCE
10
Median Price
Sales Transactions
TOP 5 SALES
2016 SALES
Under $1M
Sales Transactions
DOLLAR VOLUME
2015 SALES
2015
2016
4
3
% DIFFERENCE
-25%
SOLD PRICE
Median Price
$1.2M
$1.6M
32%
$11,200,000
Dollar Volume
$4.8M
$5M
6%
160 Dune Road
$8,550,000
14 Rogusa Lane
$5,700,000
47 Shinnecock Road
$5,525,000
52 Quogue Street
$5,512,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
9
east quogue
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
15
%
SALES TRANSACTIONS
6
%
MEDIAN PRICE
29
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
SOLD PRICE
16 Henrys Hollow Court
$1,575,000
22 Henrys Hollow Court
$1,325,000
3 Polo Grounds Lane
$1,325,000
7 Henrys Hollow Court
$1,325,000
49 Jones Road
$1,035,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
% DIFFERENCE
36
35
-3%
$1M - $1.99M
10
5
-50%
$2M - $2.99M
-
-
-
$3M - $4.99M
1
-
-100%
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
47
40
-15%
Median Price
$560K
$595K
6%
Dollar Volume
$37.5M
$26.8M
-29%
Sales Transactions
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
4
$632K
$880K
% DIFFERENCE
33% 39%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES Sales Transactions
PROPERTY ADDRESS
2016 SALES
Under $1M
CONDO/COOP
TOP 5 SALES
2015 SALES
2015
2016
1
1
% DIFFERENCE
0%
Median Price
$320K
$228K
-29%
Dollar Volume
$320K
$228K
-29%
hampton bays
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
2%
SALES TRANSACTIONS
0
%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
Under $1M
2015 SALES
2016 SALES
% DIFFERENCE
108
109
1%
$1M - $1.99M
4
7
75%
$2M - $2.99M
2
1
-50%
$3M - $4.99M
1
-
-100%
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
115
117
2%
$410K
$410K
0%
$59.3M
$59.1M
0%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES
0%
DOLLAR VOLUME
LAND
Sales Transactions Dollar Volume
2016
6
8
$2.2M
$1.5M
% DIFFERENCE
33% -29%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
TOP 5 SALES
2015
Sales Transactions
2015
2016
1
4
% DIFFERENCE
300%
PROPERTY ADDRESS
SOLD PRICE
Median Price
$655K
$269K
-59%
225 W. Montauk Hwy (Comm.)
$5,000,000
Dollar Volume
$655K
$1.3M
94%
21 Clairedale Drive
$2,200,000
132 W. Montauk Hwy (Comm.)
$2,200,000
68 W. Montauk Hwy
$1,325,000
14B Clairedale Drive
$1,245,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
11
southampton
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
25%
SALES TRANSACTIONS
4
%
MEDIAN PRICE
0
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
PROPERTY ADDRESS 52 Luther Drive
$13,750,000
20 Westway Drive
$13,500,000
Rosko Lane, Lots 4 & 18 (Land) $12,000,000 437 North Sea Mecox Road
$9,300,000
73 Cold Spring Point Road
$4,775,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
% DIFFERENCE
76
54
-29%
$1M - $1.99M
29
24
-17%
$2M - $2.99M
11
4
-64%
$3M - $4.99M
5
7
40%
$5M - $9.99M
1
1
0%
$10M - $14.99M
-
2
N/A
OVER $15M
-
-
-
122
92
-25%
$824K
$795K
-4%
$141.3M
$141.5M
0%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
26
8
$24.1M
$15.4M
% DIFFERENCE
-69% -36%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES Sales Transactions
SOLD PRICE
2016 SALES
Under $1M
CONDO/COOP
TOP 5 SALES
2015 SALES
2015
2016
8
8
% DIFFERENCE
0%
Median Price
$632K
$576K
-9%
Dollar Volume
$4.9M
$4.8M
-3%
southampton village
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
38%
SALES TRANSACTIONS
17
%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
7
-36%
$1M - $1.99M
13
12
-8%
$2M - $2.99M
15
8
-46.7%
$3M - $4.99M
8
4
-50%
$5M - $9.99M
8
7
-12.5%
$10M - $14.99M
3
-
-100%
OVER $15M
3
-
-100%
61
38
-38%
$2.4M
$2M
-17%
$272.3M
$118.3M
-57%
Sales Transactions Median Price Dollar Volume
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
TOP 5 SALES
Sales Transactions
SOLD PRICE $20,500,000 $9,750,000
176 Halsey Neck Lane
$9,250,000
41 Gin Lane
$8,900,000
12 Pheasant Close South
$8,750,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
2015
2016
5
2
$10.6M
$5.1M
% DIFFERENCE
-60% -52%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
320 Little Plains Road
% DIFFERENCE
11
57
101 Hill Street (Comm)
2016 SALES
Under $1M
%
PROPERTY ADDRESS
2015 SALES
Median Price Dollar Volume
2015
2016
27
7
% DIFFERENCE
-74%
$1.2M
$1.2M
4%
$35.8M
$9.5M
-74%
13
water mill
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
45
%
SALES TRANSACTIONS
10
%
MEDIAN PRICE
35
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2016 SALES
% DIFFERENCE
Under $1M
10
4
-60%
$1M - $1.99M
15
9
-40%
$2M - $2.99M
10
5
-50%
$3M - $4.99M
10
5
-50%
$5M - $9.99M
7
5
-29%
$10M - $14.99M
2
-
-100%
OVER $15M
1
2
100%
Sales Transactions
55
30
-45%
Median Price
$2M
$2.2M
10%
$183.8M
$120.1M
-35%
Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
8
8
$12.5M
$42.7M
% DIFFERENCE
0% 243%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
TOP 5 SALES
2015 SALES
Sales Transactions
2015
2016
2
2
% DIFFERENCE
0%
SOLD PRICE
Median Price
$1.4M
$2.1M
52%
196 Bay Lane
$27,250,000
Dollar Volume
$2.8M
$4.2M
52%
1225 Flying Point Road
$15,990,000
951 Flying Point Road (Land)
$10,600,000
Edge of Woods Road (Land)
$10,200,000
PROPERTY ADDRESS
497 Head of Pond Road (Land)
$8,200,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
bridgehampton
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
11
%
SALES TRANSACTIONS
14
%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
Under $1M
2015 SALES
2016 SALES
% DIFFERENCE
5
5
0%
$1M - $1.99M
17
17
0%
$2M - $2.99M
6
3
-50%
$3M - $4.99M
10
10
0%
$5M - $9.99M
8
9
13%
$10M - $14.99M
5
2
-60%
OVER $15M
2
1
-50%
53
47
-11%
$2.9M
$2.5M
-14%
$244.1M
$178.9M
-27%
Sales Transactions Median Price Dollar Volume
27
%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
8
5
$22.1M
$13.1M
% DIFFERENCE
-38% -41%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
207 Highland Terrace
$22,000,000
36 Ambleside Lane
$12,500,000
81 Meadowlark Lane
$10,700,000
390 Dune Road 115 Lockwood Avenue
$9,075,000 $7,150,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
15
sag harbor
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
7%
SALES TRANSACTIONS
12%
MEDIAN PRICE
32
%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
84 Harbor Drive
$5,995,000
3561 Noyac Road
$5,625,000
471 Middle Line Highway
$3,750,000
15 Sims Drive
$3,550,000
78 Round Pond Lane
$2,725,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
35
32
-9%
$1M - $1.99M
13
13
0%
$2M - $2.99M
3
9
200%
$3M - $4.99M
3
2
-33%
$5M - $9.99M
-
2
N/A
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
54
58
7%
Median Price
$874K
$980K
12%
Dollar Volume
$61.1M
$80.9M
32%
Sales Transactions
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
5
8
$3.6M
$3.8M
% DIFFERENCE
60% 7%
sag harbor village
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
0
%
SALES TRANSACTIONS
31
%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2016 SALES
% DIFFERENCE
Under $1M
18
12
-33%
$1M - $1.99M
14
16
14%
$2M - $2.99M
2
2
0%
$3M - $4.99M
5
6
20%
$5M - $9.99M
-
3
N/A
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
39
39
0%
$1.1M
$1.4M
31%
$57.2M
$74.8M
31%
Sales Transactions Median Price Dollar Volume
31
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
TOP 5 SALES
Sales Transactions
SOLD PRICE
Median Price
100 Bay Street
$5,400,000
Dollar Volume
172 Redwood Road
$5,100,000
192 Redwood Road
$5,000,000
191 Main Street
$4,230,000
10 Yale Road
$3,915,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
2015
2016
5
2
$2.4M
$1.4M
% DIFFERENCE
-60% -42%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
PROPERTY ADDRESS
2015 SALES
2015
2016
28
17
% DIFFERENCE
-39%
$1.8M
$470K
-73%
$58.1M
$13.2M
-77%
17
north haven
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
6
%
SALES TRANSACTIONS
16
%
MEDIAN PRICE
14
%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS 11 Mashomuck Drive
SOLD PRICE $8,700,000
280 Ferry Road
$5,368,131
86 Ferry Road
$3,800,000
2 Sea Gull Hill Road
$2,700,000
91 North Haven Way
$2,625,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
7
3
-57%
$1M - $1.99M
6
6
0%
$2M - $2.99M
2
5
150%
$3M - $4.99M
-
1
100%
$5M - $9.99M
-
2
N/A
$10M - $14.99M
-
-
N/A
OVER $15M
1
-
-100%
16
17
6%
$1.4M
$1.6M
16%
$35.9M
$40.9M
14%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
7
-
-100%
-
-100%
$14.1M
% DIFFERENCE
shelter island
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES
69
PRICE CATEGORY
Under $1M
%
SALES TRANSACTIONS
158% MEDIAN PRICE
% DIFFERENCE
32
39%
$1M - $1.99M
2
12
500%
$2M - $2.99M
3
2
-33%
$3M - $4.99M
1
3
200%
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
29
49
69%
$686K
$750K
9%
$853K
$2.2M
158%
$29.8M
$53M
78%
Sales Transactions Median Price
(SI Heights)
Median Price Dollar Volume
%
DOLLAR VOLUME
2016 SALES
23
(SI)
78
2015 SALES
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
9
11
$3.7M
$3.9M
% DIFFERENCE
22% 5%
TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
121 North Ram Island Dr.
$3,950,000
70 Peconic Avenue
$3,250,000
33 Prospect Avenue
$3,200,000
82 Gardiners Bay Drive
$2,800,000
37 East Brander Parkway
$2,400,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
19
village of sagaponack
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES
0
PRICE CATEGORY
%
SALES TRANSACTIONS
38
%
MEDIAN PRICE
15
2
0%
$1M - $1.99M
2
2
0%
$2M - $2.99M
-
2
N/A
$3M - $4.99M
3
3
0%
$5M - $9.99M
5
2
-60%
$10M - $14.99M
1
3
200%
OVER $15M
1
-
-100%
14
14
0%
$1.1M
$1.1M
1%
$8M
$5M
-38%
$83M
$70.7M
-15%
Median Price
Median Price
(Sagaponack South Village)
Dollar Volume
%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
PROPERTY ADDRESS
SOLD PRICE
649 Hedges Lane
$14,000,000
170 Parsonage Pond Lane
$13,080,000
121 Parsonage Lane
$11,965,000
149 Seascape Lane
$5,500,000
15 Jacobs Way
$5,350,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
% DIFFERENCE
2
(Sagaponack North)
TOP 5 SALES
2016 SALES
Under $1M
Sales Transactions
DOLLAR VOLUME
2015 SALES
2015
2016
5
3
$3.7M
$2.8M
% DIFFERENCE
-40% -25%
wainscott
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
14
%
SALES TRANSACTIONS
15% 17%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
2
2
0%
$1M - $1.99M
6
4
-33%
$2M - $2.99M
2
1
-50%
$3M - $4.99M
2
2
0%
$5M - $9.99M
-
2
N/A
$10M - $14.99M
-
1
N/A
OVER $15M
2
-
-100%
14
12
-14%
Median Price
$1.9M
$2.1M
15%
Dollar Volume
$58M
$48.3M
-17%
Sales Transactions
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
3
3
$4.5M
$2.2M
% DIFFERENCE
0% -51%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS 42 Beach Lane
SOLD PRICE $14,375,000
8 Association Road
$9,750,000
67 Town Line Road
$8,100,000
32 Wainscott Hollow Road
$4,100,000
5 Glen Oak Court
$3,100,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
21
east hampton
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
11
%
SALES TRANSACTIONS
3%
MEDIAN PRICE
27
%
DOLLAR VOLUME
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2016 SALES
% DIFFERENCE
Under $1M
53
53
0%
$1M - $1.99M
23
20
-13%
$2M - $2.99M
8
5
-38%
$3M - $4.99M
4
1
-75%
$5M - $9.99M
1
-
-100%
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
89
79
-11%
$864K
$840K
-3%
$106.1M
$77.8M
-27%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
% DIFFERENCE
19
16
-16%
$7.9M
$10M
27%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
TOP 5 SALES
2015 SALES
Sales Transactions
2015
2016
3
2
% DIFFERENCE
-33%
SOLD PRICE
Median Price
$750K
$878K
17%
24 Huntting Avenue
$4,050,000
Dollar Volume
$2.1M
$1.8M
-15%
6 Horse Meadow Lane
$2,825,000
55 Cedar Street
$2,525,000
27 Miller Lane West
$2,500,000
34 Squires Path
$2,300,000
PROPERTY ADDRESS
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
east hampton village
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
37
%
SALES TRANSACTIONS
22%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
6
2
-67%
$1M - $1.99M
8
3
-63%
$2M - $2.99M
4
9
125%
$3M - $4.99M
8
3
-63%
$5M - $9.99M
11
4
-64%
$10M - $14.99M
3
1
-67%
OVER $15M
1
4
300%
41
26
-37%
$3.1M
$2.4M
-22%
$185.1M
$250.2M
35%
Sales Transactions Median Price Dollar Volume
35
%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
6
5
$52.7M
$51.8M
% DIFFERENCE
-17% -2%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS 93, 97 + 101 Lily Pond Ln. (H+L)
SOLD PRICE $109,800,000
199 Lily Pond Lane
$70,000,000
20, 24, 26 West End Ave. (H+L)
$38,000,000
30 West End Road
$12,000,000
36 Briar Patch Road
$8,035,000
(H+L) = Home + Land
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
23
springs
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
2
%
SALES TRANSACTIONS
3%
MEDIAN PRICE
21
%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
123 Abrahams Path
$4,625,000
1 Clinton Street
$2,610,000
63 Copeces Lane
$1,850,000
9 South Pond Road
$1,800,000
860 Springs Fireplace Rd. (Land)
$1,675,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
42
43
2%
$1M - $1.99M
10
8
-20%
$2M - $2.99M
-
1
N/A
$3M - $4.99M
-
1
N/A
$5M - $9.99M
-
-
-
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
52
53
2%
$701K
$720K
3%
$38.8M
$47.1M
21%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
7
12
71%
$5.7M
63%
$3.5M
% DIFFERENCE
east hampton northwest
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
0
%
SALES TRANSACTIONS
32%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
44
29
-34%
$1M - $1.99M
27
37
37%
$2M - $2.99M
5
8
60%
$3M - $4.99M
4
5
25%
$5M - $9.99M
-
1
N/A
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
80
80
0%
$968K
$1.3M
32%
$98.4M
$118M
20%
Sales Transactions Median Price Dollar Volume
20
%
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
10
9
$4.5M
$7.4M
% DIFFERENCE
-10% 64%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
5 North Bay Lane
$7,900,000
7 Aborigine Way
$4,250,000
4 Peach Farm Lane
$3,700,000
198 Bull Path
$3,280,000
164 Bull Path
$3,200,000
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
25
amagansett
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
29
%
SALES TRANSACTIONS
11
%
MEDIAN PRICE
17
%
DOLLAR VOLUME TOP 5 SALES PROPERTY ADDRESS
SOLD PRICE
77 Meeting House Lane
$8,601,110
326 Bluff Road
$7,300,000
107 Atlantic Avenue
$6,300,000
112 Miankoma Lane
$5,500,000
69 Meeting House Lane
$5,173,890
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
11
5
-55%
$1M - $1.99M
18
16
-11%
$2M - $2.99M
9
3
-67%
$3M - $4.99M
7
5
-29%
$5M - $9.99M
2
5
150%
$10M - $14.99M
1
-
-100%
OVER $15M
-
-
-
48
34
-29%
$1.6M
$1.8M
11%
$106.7M
$88.9M
-17%
Sales Transactions Median Price Dollar Volume
FIRST HALF 2015 vs. 2016 LAND SALES LAND
Sales Transactions Dollar Volume
2015
2016
11
9
$16.8M
$10.5M
% DIFFERENCE
-18% -38%
montauk
2016 HOME SALES YEAR TO DATE
FIRST HALF 2015 VS. 2016 HOME SALES
13
%
SALES TRANSACTIONS
7
%
MEDIAN PRICE
FIRST HALF 2015 vs. 2016 HOME SALES PRICE CATEGORY
2015 SALES
2016 SALES
% DIFFERENCE
Under $1M
31
25
-19%
$1M - $1.99M
17
15
-12%
$2M - $2.99M
5
6
20%
$3M - $4.99M
2
2
0%
$5M - $9.99M
1
1
0%
$10M - $14.99M
-
-
-
OVER $15M
-
-
-
56
49
$938K
$999K
7%
$71.8M
$66.5M
-7%
Sales Transactions Median Price Dollar Volume
-13%
FIRST HALF 2015 vs. 2016 LAND SALES
7%
DOLLAR VOLUME
LAND
Sales Transactions Dollar Volume
2016
19
8
$9.9M
$7.8M
% DIFFERENCE
-58% -21%
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES CONDO/COOP
TOP 5 SALES
2015
Sales Transactions
2015
2016
14
11
% DIFFERENCE
-21%
SOLD PRICE
Median Price
$512K
$400K
-22%
184 Old Montauk Highway
$5,790,000
Dollar Volume
$6.9M
$5.2M
-25%
248 West Lake Drive
$3,500,000
78 Seaside Avenue
$3,000,000
83 South Euclid Avenue (Comm.)
$2,875,000
473 East Lake Drive
$2,750,000
PROPERTY ADDRESS
FIRST HALF 2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT
27
FIRST HALF 2015 VS. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 HOME SALES
FIRST HALF 2015 vs. 2016 LAND SALES
FIRST HALF 2015 vs. 2016 CONDO/COOP SALES TOP 5 SALES
Copyright 2015. As a licensed real estate broker, Saunders & Associates is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Saunders & Associates encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All material presented in this publication is intended for informational purposes only. While this information is believed to be correct, it is presented subject to errors, omissions, change and withdrawal without notice. All material presented here is intended for informational purposes only and all outlines are approximate. Please recycle this booklet. “Saunders, A Higher Form of Realty� is registered in the U.S. Patent and Trademark Office. Transaction data provided by LIRealEstateReport.com. Data includes all 1st quarter and 2nd quarter transactions that were recorded before July 15th 2016.