2015 Vs. 2016 Hamptons Real Estate Market Report

Page 1

hamptons real estate market report 2015

VS.

2016

published february 10, 2017

amagansett bridgehampton east hampton east quogue

hampton bays montauk north haven quogue

remsenburg sagaponack sag harbor shelter island

SaundersMarketReport.com

southampton wainscott water mill westhampton


hamptons real estate market report 2015

VS.

2016

SaundersMarketReport.com 3 ALL HAMPTONS

5 REMSENBURG

6 WESTHAMPTON 7 WESTHAMPTON BEACH 8 QUIOGUE

16 SAG HARBOR 17 SAG HARBOR VILLAGE 18 NORTH HAVEN 19 SHELTER ISLAND SAGAPONACK 20 21 WAINSCOTT

9 QUOGUE

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

22 EAST HAMPTON 23 EAST HAMPTON VILLAGE 24 EAST HAMPTON SPRINGS 25 EAST HAMPTON NORTHWEST 26 AMAGANSETT MONTAUK 27

published february 10, 2017


all hamptons HOME/LAND/CONDO/ COOP/COMMERCIAL

TOTAL SALES 2015

TOTAL SALES 2016

TOTAL % DIFFERENCE

Sales Transactions

2,798

2,380

-15%

Dollar Volume

$5.111B

$4.324B

-15%

2015 vs. 2016 HOME SALES PRICE CATEGORY

2015 SALES

2016 SALES

1,086

1,017

-6%

$1M - $1.99M

521

477

-8%

$2M - $2.99M

215

170

-21%

$3M - $4.99M

175

139

-21%

$5M - $9.99M

107

104

-3%

$10M - $14.99M

31

23

-26%

OVER $15M

24

17

-29%

Sales Transactions

2,159

1,947

Median Price

$999K

$980K

-2%

$4.324B

$3.731B

-14%

Under $1M

2015 VS. 2016 HOME SALES 2015 VS. 2016 HOME SALES

10

%

SALES TRANSACTIONS

Dollar Volume

% DIFFERENCE

-10%

2015 vs. 2016 LAND SALES

2

%

LAND

2015

2016

Sales Transactions

350

254

Dollar Volume

MEDIAN PRICE

$394.93M

$363.91M

% DIFFERENCE

-27% -8%

2015 vs. 2016 CONDO/COOP SALES

14%

DOLLAR VOLUME

CONDO/COOP

Sales Transactions Median Price Dollar Volume

2015

2016

% DIFFERENCE

199

132

-34%

$760K

$588K

-23%

$223.06M

$104.52M

-53%

2015 vs. 2016 COMMERCIAL SALES TOP55HOME HOMESALES SALESIN IN2016 2016 TOP PROPERTY ADDRESS

SOLD PRICE

199 Lily Pond Lane, East Hampton

$70M

101 Lily Pond Lane, East Hampton

$63.8M

56 Gin Lane, Southampton

$60M

1080 Meadow Lane, Southampton

$38M

72 Gin Lane, Southampton

$33M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

COMMERCIAL

Sales Transactions Dollar Volume

2015

2016

90

47

$169.29M

$124.58M

% DIFFERENCE

-48% -26%

3


View Past Market Reports Online At:

www.saundersmarketreport.com


remsenburg

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

17

%

SALES TRANSACTIONS

10

% DIFFERENCE

21

26

24%

$1M - $1.99M

11

11

0%

$2M - $2.99M

1

2

100%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

1 -

N/A -

36

42

17%

$788K

$865K

10%

$48.32M

$57.38M

19%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2016 SALES

Under $1M

OVER $15M

%

2015 SALES

2015 vs. 2016 LAND SALES

19%

LAND

Sales Transactions Dollar Volume

2015

2016

6

4

$7.60M

$1.48M

% DIFFERENCE

-33% -81%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS

SOLD PRICE

74 Cedar Lane West

$10.35M

18 Duck Point Road

$5.55M

18 Cricket Path

$3.215M

24 Basket Neck Lane

$2.72M

46 Basket Neck Lane

$2.21M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

5


westhampton

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

25

%

SALES TRANSACTIONS

13%

MEDIAN PRICE

1%

Under $1M

10 Tanners Neck Lane

SOLD PRICE $3.265M

28 Tanners Neck Lane

$2.15M

60 Jagger Lane

$1.94M

3 Sandpiper Court 1 Plume Grass Way

$1.875M $1.7M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

% DIFFERENCE

42

27%

$1M - $1.99M

5

11

120%

$2M - $2.99M

5

1

-80%

$3M - $4.99M

1

1

0%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

44

55

25%

$804K

$700K

-13%

$46.36M

$46.88M

1%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

8

7

$3.74M

$2.83M

% DIFFERENCE

-13% -24%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

PROPERTY ADDRESS

2016 SALES

33

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016

2015 SALES

Sales Transactions Median Price Dollar Volume

2015

2016

8

8

% DIFFERENCE

0%

$558K

$329K

-41%

$3.97M

$3.04M

-23%


westhampton beach

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

10

%

SALES TRANSACTIONS

0

%

MEDIAN PRICE

17%

DOLLAR VOLUME

2015 SALES

35

37

6%

$1M - $1.99M

33

26

-21%

$2M - $2.99M

16

10

-38%

$3M - $4.99M

6

8

33%

$5M - $9.99M

1

2

100%

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

Sales Transactions

92

83

-10%

Median Price (WHB)

$463K

$975K

111%

Median Price (Village)

$1.27M

$1.14M

-11%

Median Price (Dunes)

$2.49M

$2.1M

-16%

Combined Median

$1.41M

$1.41M

0%

$150.47M

$124.92M

-17%

Dollar Volume

2015 vs. 2016 LAND SALES LAND

Dollar Volume

TOP 5 HOME SALES IN 2016 $5.025M

164 Dune Road

$5M

15 Fiske Avenue

$4.7M

858 Dune Road

$4.5M

364 Dune Road

$4.212M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

6

7

$3.12M

$7.15M

% DIFFERENCE

17% 129%

2015 vs. 2016 CONDO/COOP SALES

SOLD PRICE

266 Dune Road

% DIFFERENCE

Under $1M

Sales Transactions

PROPERTY ADDRESS

2016 SALES

2015

2016

45

19

Median Price

$880K

$915K

4%

Median Price (Village)

$589K

$662K

12%

$27.38M

$14.16M

-48%

CONDO/COOP

Sales Transactions

Dollar Volume

% DIFFERENCE

-58%

7


quiogue

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

7%

SALES TRANSACTIONS

36%

MEDIAN PRICE

55%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS

SOLD PRICE

147 Brook Road

$2.2M

33 Homestead Avenue

$825K

37 Homestead Avenue

$768.9K

35 Homestead Avenue

$765K

14 Franklin Avenue

$555K

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

8

14

75%

$1M - $1.99M

3

-

-100%

$2M - $2.99M

1

1

0%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

14

15

7%

$790K

$505K

-36%

$19.08M

$8.57M

-55%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

6

1

$1.95M

$412K

% DIFFERENCE

-83% -79%


quogue

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

36%

SALES TRANSACTIONS

27 25% %

MEDIAN PRICE

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS

PRICE CATEGORY

10

-38%

$1M - $1.99M

22

14

-36%

$2M - $2.99M

8

7

-13%

$3M - $4.99M

12

2

-83%

$5M - $9.99M

6

7

17%

$10M - $14.99M

-

1

N/A

OVER $15M

-

-

-

64

41

-36%

Sales Transactions Median Price (Town)

$1.05M

-

-100%

Median Price (Village)

$1.8M

$1.82M

1%

$1.43M

$1.82M

27%

$146.18M

$110.28M

-25%

Combined Median Dollar Volume

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

9

10

$6.74M

$19.7M

% DIFFERENCE

11% 192%

2015 vs. 2016 CONDO/COOP SALES

$11.2M

160 Dune Road

$8.55M

CONDO/COOP

4 Dune Road

$8.5M

Sales Transactions

14 Rogusa Lane

$5.7M

Median Price

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

% DIFFERENCE

16

SOLD PRICE

$5.525M

2016 SALES

Under $1M

32 Shinnecock Road

47 Shinnecock Road

2015 SALES

Dollar Volume

2015

2016

9

7

% DIFFERENCE

-22%

$999K

$1.44M

44%

$7.68M

$10.85M

41%

9


east quogue

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

4%

SALES TRANSACTIONS

7%

MEDIAN PRICE

17%

PRICE CATEGORY

16 Henrys Hollow Court

SOLD PRICE $1.575M

4 Candace Drive

$1.56M

6 Cherry Blossom Lane

$1.35M

22 Henrys Hollow Court

$1.325M

1 Bayside Avenue

$1.325M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

% DIFFERENCE

75

76

1%

$1M - $1.99M

16

13

-19%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

93

89

-4%

$578K

$540K

-7%

$68.89M

$57.01M

-17%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

9

16

$2.42M

$10.92M

% DIFFERENCE

78% 351%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

PROPERTY ADDRESS

2016 SALES

Under $1M

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016

2015 SALES

Sales Transactions Median Price Dollar Volume

2015

2016

5

4

% DIFFERENCE

-20%

$330K

$362K

10%

$1.66M

$1.33M

-20%


hampton bays

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

7

%

SALES TRANSACTIONS

0

%

MEDIAN PRICE

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

213

231

8%

$1M - $1.99M

13

12

-8%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

229

244

7%

$409K

$410K

.2%

$119.55M

$120.25M

1%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES

1%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2015

2016

22

24

$7.57M

$5.85M

% DIFFERENCE

9% -23%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

1

9

% DIFFERENCE

TOP 5 HOME SALES IN 2016

Sales Transactions

PROPERTY ADDRESS

Median Price

$655K

$240K

-63%

Dollar Volume

$655K

$2.76M

322%

SOLD PRICE

21 Clairedale Drive

$2.2M

7 Trynz Lane

$1.6M

10 Emerson Court

800%

$1.35M

68 West Montauk Highway

$1.325M

24 Dewey Lane

$1.285M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

11


southampton

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

13%

SALES TRANSACTIONS

15%

MEDIAN PRICE

PRICE CATEGORY

2016 SALES

% DIFFERENCE

136

102

-25%

$1M - $1.99M

54

52

-4%

$2M - $2.99M

21

19

-10%

$3M - $4.99M

7

15

114%

$5M - $9.99M

5

3

-40%

$10M - $14.99M

1

3

200%

OVER $15M

-

-

-

224

194

-13%

$846K

$971K

15%

$286.81M

$294.67M

3%

Under $1M

Sales Transactions Median Price Dollar Volume

2015 SALES

2015 vs. 2016 LAND SALES

3%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2015

2016

51

20

$56.16M

$49.28M

% DIFFERENCE

-61% -12%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

% DIFFERENCE

13

16

23%

TOP 5 HOME SALES IN 2016

Sales Transactions

PROPERTY ADDRESS

Median Price

$635K

$631K

-1%

Dollar Volume

$7.71M

$9.72M

26%

52 Luther Drive 20 Westway Drive 53 Fordune Drive

SOLD PRICE $13.75M $13.5M $10M

437 North Sea Mecox Road

$9.3M

21 Sweetbriar Road

$6.2M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT


southampton village

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

30

%

SALES TRANSACTIONS

0%

2016 SALES

% DIFFERENCE

Under $1M

20

12

-40%

$1M - $1.99M

32

20

-38%

$2M - $2.99M

23

18

-22%

$3M - $4.99M

19

16

-16%

$5M - $9.99M

15

13

-13%

$10M - $14.99M

6

3

-50%

OVER $15M

9

5

-44%

124

87

-30%

$2.4M

$2.4M

0%

$597.23M

$464.32M

-22%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2015 vs. 2016 LAND SALES

22%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 SOLD PRICE

56 Gin Lane

$60M

1080 Meadow Lane

$38M

72 Gin Lane

$33M

0 Squabble Lane

$27.5M

77 Ox Pasture Road

$23.6M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

7

6

$13.23M

$31.35M

% DIFFERENCE

-14% 137%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

PROPERTY ADDRESS

2015 SALES

Sales Transactions Median Price Dollar Volume

2015

2016

43

16

% DIFFERENCE

-63%

$1.2M

$1.44M

19%

$59.83M

$22.36M

-63%

13


water mill

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

28

PRICE CATEGORY

%

SALES TRANSACTIONS

5

%

MEDIAN PRICE

19

8

-58%

$1M - $1.99M

21

20

-5%

$2M - $2.99M

21

13

-38%

$3M - $4.99M

23

17

-26%

$5M - $9.99M

15

14

7%

$10M - $14.99M

5

1

-80%

OVER $15M

1

3

200%

105

76

-28%

Sales Transactions Median Price

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

$2.6M

$2.74M

5%

$375.13M

$291.64M

-22%

TOP 5 HOME SALES IN 2016

Sales Transactions

PROPERTY ADDRESS

Median Price

SOLD PRICE $27.25M $22M $15.99M

816 Mecox Road

$11.5M

24 Holly Lane

$7.65M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

15

16

$26M

$49.27M

% DIFFERENCE

7% 90%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

1225 Flying Point Road

% DIFFERENCE

2015 vs. 2016 LAND SALES

22

315 Rose Hill Road

2016 SALES

Under $1M

Dollar Volume

%

196 Bay Lane

2015 SALES

Dollar Volume

2015

2016

5

2

% DIFFERENCE

-60%

$1.1M

$2.1M

91%

$6.38M

$4.2M

-34%


bridgehampton

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

37

%

SALES TRANSACTIONS

18

%

MEDIAN PRICE

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

11

10

-9%

$1M - $1.99M

31

22

-29%

$2M - $2.99M

18

8

-56%

$3M - $4.99M

24

13

-46%

$5M - $9.99M

21

13

-38%

$10M - $14.99M

10

6

-40%

4

3

-25%

Sales Transactions

119

75

-37%

Median Price

$3M

$2.47M

-18%

$540.85M

$330.72M

-39%

OVER $15M

Dollar Volume

2015 vs. 2016 LAND SALES

39

%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2015

2016

17

7

$78.3M

$27.02M

% DIFFERENCE

-59% -66%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

TOP 5 HOME SALES IN 2016

Sales Transactions

-

PROPERTY ADDRESS

Median Price

-

$600K

N/A

Dollar Volume

-

$600K

N/A

207 Highland Terrace 313 Dune Road

SOLD PRICE $22M

2016

1

% DIFFERENCE

N/A

$19.525M

194 Quimby Lane

$19.5M

379 Ocean Road

$14.6M

510 Halsey Lane

$13.05M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

15


sag harbor

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

2%

SALES TRANSACTIONS

3

%

MEDIAN PRICE

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 SOLD PRICE

84 Harbor Drive

$5.995M

3561 Noyac Road

$5.625M

57 Peconic Avenue

$5.5M

1597 Noyac Path

$5.25M

471 Middle Line Highway

$3.75M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

73

64

-12%

$1M - $1.99M

30

29

-3%

$2M - $2.99M

7

11

57%

$3M - $4.99M

3

3

0%

$5M - $9.99M

-

4

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

113

111

-2%

$880K

$902K

3%

$121.55M

$142.6M

17%

Sales Transactions Median Price Dollar Volume

17%

PROPERTY ADDRESS

PRICE CATEGORY

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

10

10

$7.56M

$6.19M

% DIFFERENCE

0% -18%


sag harbor village

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

9

%

SALES TRANSACTIONS

25

%

22

30

23

-23%

$1M - $1.99M

27

32

19%

$2M - $2.99M

7

12

71%

$3M - $4.99M

12

12

0%

$5M - $9.99M

1

6

500%

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

78

85

9%

$1.2M

$1.5M

25%

$140.08M

$170.37M

22%

Sales Transactions Median Price

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME TOP 5 HOME SALES IN 2016 SOLD PRICE $5.77M

28 Long Point Road

$5.5M

100 Bay Street

$5.4M

178 Redwood Road

$5.3M

172 Redwood Road

$5.1M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

9

4

$6.81M

$2.49M

% DIFFERENCE

-56% -63%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

21 West Water Street PH C

% DIFFERENCE

2015 vs. 2016 LAND SALES

%

PROPERTY ADDRESS

2016 SALES

Under $1M

Dollar Volume

MEDIAN PRICE

2015 SALES

Sales Transactions Median Price Dollar Volume

2015

2016

% DIFFERENCE

41

20

-51%

$1.96M

$470K

-76%

$90.76M

$18.42M

-80%

17


north haven

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

0

%

SALES TRANSACTIONS

75

%

MEDIAN PRICE

% DIFFERENCE

15

4

-73%

$1M - $1.99M

12

10

-17%

$2M - $2.99M

4

6

50%

$3M - $4.99M

1

5

400%

$5M - $9.99M

1

7

600%

$10M - $14.99M

-

-

-

OVER $15M

1

2

100%

34

34

0%

Sales Transactions Median Price

$1.42M

$2.48M

75%

$68.15M

$141.15M

107%

2015 vs. 2016 LAND SALES

107

DOLLAR VOLUME TOP 5 HOME SALES IN 2016 SOLD PRICE

26 Actors Colony Road

$23.9M

43 Robertson Drive

$18.5M

35 Ezekills Hollow

$9.4M

22 Bay View Court

$9M

11 Mashomuck Drive

2016 SALES

Under $1M

Dollar Volume

%

PROPERTY ADDRESS

2015 SALES

$8.7M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

LAND

Sales Transactions Dollar Volume

2015

2016

9

2

-78%

$8.9M

-50%

$17.65M

% DIFFERENCE


shelter island

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

15

PRICE CATEGORY

%

SALES TRANSACTIONS

151% MEDIAN PRICE

37%

DOLLAR VOLUME

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

53

50

-6%

$1M - $1.99M

10

21

110%

$2M - $2.99M

9

6

-33%

$3M - $4.99M

3

8

167%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

75

86

15%

Median Price (SI)

$775K

$862K

11%

Median Price (Heights)

$682K

$2.8M

311%

Combined Median

$729K

$1.83M

151%

$82.48M

$113.11M

37%

Sales Transactions

Dollar Volume

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

15

17

$6.33M

$9.51M

% DIFFERENCE

15% 50%

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS 12 Clinton Avenue 24 Locust Point Road 27 Bay Shore Drive 121 North Ram Island Drive 66 Cobbetts Lane

SOLD PRICE $6.3M $4.125M $4M $3.95M $3.9M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

19


sagaponack

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

24%

SALES TRANSACTIONS

25%

MEDIAN PRICE

43

PRICE CATEGORY

DOLLAR VOLUME PROPERTY ADDRESS 649 Hedges Lane 170 Parsonage Pond Lane 121 Parsonage Lane

SOLD PRICE $14M $13.08M $11.965M

29 Seascape Lane

$6.85M

149 Seascape Lane

$5.5M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

% DIFFERENCE

4

4

0%

$1M - $1.99M

5

5

0%

$2M - $2.99M

3

3

0%

$3M - $4.99M

3

3

0%

$5M - $9.99M

11

4

-64%

$10M - $14.99M

1

3

200%

OVER $15M

2

-

-100%

29

22

-24%

Sales Transactions Median Price (North)

$1.09M

$1.1M

1%

Median Price (Village)

$7.58M

$5.42M

-28%

Combined Median

$4.34M

$3.26M

-25%

$158.03M

$90.64M

-43%

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

TOP 5 HOME SALES IN 2016

2016 SALES

Under $1M

Dollar Volume

%

2015 SALES

2015

2016

6

6

$4.46M

$4.67M

% DIFFERENCE

0% 5%


wainscott

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

8%

SALES TRANSACTIONS

8 4% %

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

3

5

67%

$1M - $1.99M

11

8

-27%

$2M - $2.99M

4

2

-50%

$3M - $4.99M

4

2

-50%

$5M - $9.99M

-

3

N/A

$10M - $14.99M

-

2

N/A

OVER $15M

2

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

24

-100% 22

-8%

$1.83M

$1.68M

-8%

$80.03M

$77.22M

-4%

2015 vs. 2016 LAND SALES LAND

Sales Transactions Dollar Volume

2015

2016

5

3

$5.62M

$2.21M

% DIFFERENCE

-40% -61%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS 42 Beach Lane 33 Wainscott Main Street

SOLD PRICE $14.375M $11.1M

8 Association Road

$9.75M

67 Town Line Road

$8.1M

28 Wainscott Hollow Road

$7.22M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

21


east hampton

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

14

%

SALES TRANSACTIONS

7%

MEDIAN PRICE

Under $1M

2016 SALES

% DIFFERENCE

103

103

0%

$1M - $1.99M

50

34

-32%

$2M - $2.99M

13

8

-39%

$3M - $4.99M

8

5

-38%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

-

-

OVER $15M

1

-

-100%

176

151

-14%

$902K

$838K

-7%

$234.75M

$160.06M

-32%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES

32

%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME TOP 5 HOME SALES IN 2016

Sales Transactions

PROPERTY ADDRESS

Median Price

SOLD PRICE $7.4M

64 Sherrill Road

$4.175M

24 Huntting Avenue

$4.05M

76 Skimhampton Road

$3.6M

15 Roberts Lane

$3.2M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

2015

2016

40

25

$16.4M

$15.23M

% DIFFERENCE

-38% -7%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

446 Further Lane

2015 SALES

Dollar Volume

2015

2016

8

6

% DIFFERENCE

-25%

$771K

$889K

15%

$6.94M

$5.29M

-24%


east hampton village

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

15

%

SALES TRANSACTIONS

27%

MEDIAN PRICE

Under $1M

2015 SALES

2016 SALES

% DIFFERENCE

6

11

83%

$1M - $1.99M

13

7

-46%

$2M - $2.99M

8

13

63%

$3M - $4.99M

13

8

-38%

$5M - $9.99M

19

10

-47%

$10M - $14.99M

3

2

-33%

OVER $15M

3

4

33%

65

55

-15%

$3.3M

$2.4M

-27%

$353.92M

$345.51M

-2%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES

2

%

LAND

Sales Transactions Dollar Volume

2015

2016

8

5

$56.33M

$51.75M

% DIFFERENCE

-38% -8%

DOLLAR VOLUME TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS

SOLD PRICE

199 Lily Pond Lane

$70M

101 Lily Pond Lane

$63.8M

93 Lily Pond Lane

$22M

26 West End Avenue

$18M

30 West End Road

$12M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

23


east hampton springs

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

2%

SALES TRANSACTIONS

3%

MEDIAN PRICE

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 123 Abrahams Path

SOLD PRICE $4.625M

1 Clinton Street

$2.61M

113 Gerard Drive

$1.9M

63 Copeces Lane

$1.85M

9 South Pond Road

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

81

84

4%

$1M - $1.99M

15

15

0%

$2M - $2.99M

1

1

0%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

99

101

2%

$699K

$675K

-3%

$79.53M

$82.16M

3%

Sales Transactions Median Price Dollar Volume

2015 vs. 2016 LAND SALES

3%

PROPERTY ADDRESS

PRICE CATEGORY

$1.8M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

LAND

Sales Transactions Dollar Volume

2015

2016

18

21

$9.14M

$12.8M

% DIFFERENCE

17% 40%


east hampton northwest

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

7

%

SALES TRANSACTIONS

18

%

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

65

44

-32%

$1M - $1.99M

46

57

24%

$2M - $2.99M

9

10

11%

$3M - $4.99M

10

9

-10%

$5M - $9.99M

-

1

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

130

121

-7%

$1.05M

$1.24M

18%

$178.96M

$179.93M

1%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2015 vs. 2016 LAND SALES

1%

LAND

Sales Transactions Dollar Volume

2015

2016

26

13

$16.68M

$9.74M

% DIFFERENCE

-50% -42%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS

SOLD PRICE

5 North Bay Lane

$7.9M

63 Bull Path

$4.4M

7 Aborigine Way

$4.25M

5 Saint Regis Court

$4.25M

28 Hedges Banks Drive

$4.1M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

25


amagansett

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

24%

SALES TRANSACTIONS

10%

MEDIAN PRICE

2015 SALES

2016 SALES

% DIFFERENCE

Under $1M

14

10

-29%

$1M - $1.99M

29

29

0%

$2M - $2.99M

23

9

-61%

$3M - $4.99M

13

7

-46%

$5M - $9.99M

6

10

67%

$10M - $14.99M

2

1

-50%

OVER $15M

-

-

-

Sales Transactions

87

66

-24%

Median Price

$2M

$1.8M

-10%

$221.41M

$189.38M

-15%

Dollar Volume

2015 vs. 2016 LAND SALES

15%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2016 PROPERTY ADDRESS 85 Ocean View Lane

SOLD PRICE $14.25M

189 Marine Blvd

$9.95M

12 Whalers Lane

$9.675M

77 Meeting House Lane

$8.6M

8 Mitchell Dunes Lane

$8.45M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

LAND

Sales Transactions Dollar Volume

2015

2016

15

12

$21.74M

$18.27M

% DIFFERENCE

-20% -16%


montauk

2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES PRICE CATEGORY

12

%

SALES TRANSACTIONS

5

%

2016 SALES

% DIFFERENCE

Under $1M

52

47

-10%

$1M - $1.99M

32

29

-9%

$2M - $2.99M

10

9

-10%

$3M - $4.99M

5

3

-40%

$5M - $9.99M

3

4

33%

$10M - $14.99M

1

-

-100%

OVER $15M

1

-

-100%

104

92

-12%

$1.05K

$998K

-5%

$206.28M

$132.18M

-36%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

2015 SALES

2015 vs. 2016 LAND SALES

36%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2015

2016

33

18

$19.4M

$16.89M

% DIFFERENCE

-46% -13%

2015 vs. 2016 CONDO/COOP SALES CONDO/COOP

2015

2016

% DIFFERENCE

21

24

14%

TOP 5 HOME SALES IN 2016

Sales Transactions

PROPERTY ADDRESS

Median Price

$518K

$505K

-3%

Dollar Volume

$10.1M

$11.78M

17%

14 Cleveland Drive 184 Old Montauk Highway

SOLD PRICE $6.3M $5.79M

93 Surfside Avenue

$5.4M

33 Wills Point Road

$5M

161 East Lake Drive

$4.8M

2015 VS. 2016 HAMPTONS REAL ESTATE MARKET REPORT

27


2015 VS. 2016 HOME SALES

2015 VS. 2016 HOME SALES

2015 vs. 2016 LAND SALES

2015 vs. 2016 CONDO/COOP SALES TOP 5 HOME SALES IN 2016

Copyright 2017. As a licensed real estate broker, Saunders & Associates is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Saunders & Associates encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All material presented in this publication is intended for informational purposes only. While this information is believed to be correct, it is presented subject to errors, omissions, change and withdrawal without notice. All material presented here is intended for informational purposes only and all outlines are approximate. Please recycle this booklet. “Saunders, A Higher Form of Realty� is registered in the U.S. Patent and Trademark Office. Transaction data provided by LIRealEstateReport.com. Data includes all 1st quarter, 2nd quarter, 3rd quarter and 4th quarter transactions.


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