2017 Half Year Market report

hamptons real estate market report FIRST HALF OF 2017 published august 24, 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 FIRST HALF

2017

SaundersMarketReport.com 3 ALL HAMPTONS - 2ND QUARTER 4 ALL HAMPTONS - HALF YEAR

18 BRIDGEHAMPTON 19 SAG HARBOR 20 SAG HARBOR VILLAGE

5 REMSENBURG 6 WESTHAMPTON

21 NORTH HAVEN

7 WESTHAMPTON BEACH

22 SHELTER ISLAND

8 WESTHAMPTON BEACH VILLAGE

23 SAGAPONACK

9 WESTHAMPTON DUNES

24 SAGAPONACK VILLAGE

10 QUIOGUE

25 WAINSCOTT

11 QUOGUE

26 EAST HAMPTON

12 QUOGUE VILLAGE

27 EAST HAMPTON VILLAGE

13 EAST QUOGUE

28 EAST HAMPTON SPRINGS

14 HAMPTON BAYS

29 EAST HAMPTON NORTHWEST

15 SOUTHAMPTON

30 AMAGANSETT

16 SOUTHAMPTON VILLAGE

31 MONTAUK

17 WATER MILL published august 24, 2017

all hamptons 2ND QUARTER 2016 VS. 2017 TOTAL SALES TRANSACTIONS HOME/LAND/CONDO/ COOP/COMMERCIAL

TOTAL SALES 2016

TOTAL SALES 2017

TOTAL % CHANGE

Sales Transactions

658

713

8%

Dollar Volume

$1.099B

$1.309B

19%

2ND QUARTER 2016 VS. 2017 HOME SALES PRICE CATEGORY

2ND QUARTER 2016 VS. 2017 HOME SALES

9%

SALES TRANSACTIONS

10%

MEDIAN PRICE

2016 SALES

2017 SALES

Under $1M

280

284

1%

$1M - $1.99M

142

160

13%

$2M - $2.99M

47

53

13%

$3M - $4.99M

38

53

40%

$5M - $9.99M

29

26

-10%

$10M - $14.99M

5

12

140%

OVER $15M

4

6

50%

545

594

9%

$996K

$1.1M

10%

$972.07M

$1.18B

22%

Sales Transactions Median Price Dollar Volume

% CHANGE

2ND QUARTER 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

66

72

$71.11M

$53.61M

% CHANGE

9% -25%

2ND QUARTER 2016 VS. 2017 COOP/CONDO SALES

22

%

DOLLAR VOLUME

CONDO/COOP

Sales Transactions Median Price Dollar Volume

2016

2017

34

27

-21%

$650K

$740K

14%

$32.25M

$26.95M

-16%

% CHANGE

2ND QUARTER 2016 VS. 2017 COMMERCIAL SALES TOP 5 HOME SALES IN Q2 2017 PROPERTY ADDRESS

SOLD PRICE

328 Gin Lane, Southampton

$31M

32 Middle Lane, East Hampton

$25M

1510 Meadow Lane, Southampton

$24.6M

1285 Flying Point Road, Water Mill

$20.5M

55 Trees Lane, Sagaponack

COMMERCIAL

Sales Transactions Dollar Volume

2016

2017

13

20

$23.67M

$44.77M

% CHANGE

54% 89%

$18.325M

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

3

all hamptons FIRST HALF 2016 VS. 2017 TOTAL SALES TRANSACTIONS HOME/LAND/CONDO/ COOP/COMMERCIAL

TOTAL SALES 2016

TOTAL SALES 2017

TOTAL % CHANGE

Sales Transactions

1,257

1,287

2%

Dollar Volume

$2.24B

$2.27B

1%

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

FIRST HALF 2016 VS. 2017 HOME SALES

4

%

SALES TRANSACTIONS

7

%

MEDIAN PRICE

DOLLAR VOLUME

521

-1%

$1M - $1.99M

263

273

4%

$2M - $2.99M

87

95

9%

$3M - $4.99M

71

100

41%

$5M - $9.99M

51

49

-4%

$10M - $14.99M

11

15

36%

OVER $15M

8

8

0%

Sales Transactions

1,017

1,061

4%

Median Price

$995K

$1.06M

7%

Dollar Volume

$1.92B

$2.02B

5%

2016

2017

% CHANGE

140

133

-5%

LAND

Sales Transactions

4

328 Gin Lane, Southampton

$31M

7 Old Town Road, Southampton

$26M

32 Middle Lane, East Hampton

$25M

1510 Meadow Lane, Southampton

$24.6M

500 Old Town Road, Southampton

$22.15M

$198.25M

$116.27M

-41%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

Sales Transactions Median Price

2016

2017

73

55

-25%

$540K

$750K

39%

$56.83M

$57.34M

.9%

% CHANGE

FIRST HALF 2016 VS. 2017 COMMERCIAL SALES

TOP55HOME HOMESALES SALESIN IN2017 2017 TOP SOLD PRICE

% CHANGE

526

Dollar Volume

PROPERTY ADDRESS

2017 SALES

Under $1M

Dollar Volume

5%

2016 SALES

COMMERCIAL

Sales Transactions Dollar Volume

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

26

36

$69.44M

$76.15M

% CHANGE

39% 10%

remsenburg

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

0

%

SALES TRANSACTIONS

14

Under $1M

2016 SALES

MEDIAN PRICE

% CHANGE

13

17

31%

$1M - $1.99M

8

6

-25%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

1 -

-

-100% -

23

23

0%

$950K

$818K

-14%

$33.44M

$20.76M

-38%

OVER $15M

%

2017 SALES

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES

38%

LAND

2016

Sales Transactions

3

Dollar Volume

$1.06M

2017

4 $1.98M

% CHANGE

33% 87%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

10 Godfrey Lane

$1,725,000

27 Basket Neck Lane

$1,575,000

20 Club Lane

$1,390,000

28 Tuthill Lane

$1,390,000

8 Bridle Path

$1,200,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

5

westhampton

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

20

%

SALES TRANSACTIONS

22%

MEDIAN PRICE

53%

PRICE CATEGORY

Under $1M

2017 SALES

% CHANGE

17

17

0%

$1M - $1.99M

6

10

67%

$2M - $2.99M

1

2

100%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

25

30

20%

$735K

$895K

22%

$24.71M

$37.82M

53%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2016

3 $930K

2017

% CHANGE

4

33%

$2.38M

157%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

6

2016 SALES

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

18 Apaucuck Point Lane

$6,500,000

Dollar Volume

12 Pine Tree Lane

$2,545,000

50C Tanners Neck Lane

$2,350,000

2 Hidden Pond Lane

$1,970,000

11A Brushy Neck Lane

$1,965,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

6

5

% CHANGE

-17%

$354K

$760K

115%

$2.39M

$3.12M

30%

westhampton beach

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

13

%

SALES TRANSACTIONS

58

%

MEDIAN PRICE

2017 SALES

% CHANGE

Under $1M

4

6

50%

$1M - $1.99M

3

1

-67%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

8

7

-13%

Sales Transactions Median Price

$828K

$345K

-58%

Dollar Volume

$7.59M

$3.93M

-48%

FIRST HALF 2016 VS. 2017 LAND SALES

48

%

DOLLAR VOLUME

LAND

N/A

Dollar Volume

-

$425K

N/A

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES

PROPERTY ADDRESS

SOLD PRICE

Median Price

$1,470,860

Dollar Volume

70 Peters Lane

$468,750

435 Montauk Highway

$345,000

643B Ent Avenue

$318,500

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

% CHANGE

1

Sales Transactions

$995,000

2017

-

TOP 5 HOME SALES IN 2017

8 Lucy Lane

2016

Sales Transactions

CONDO/COOP

105 Oneck Lane

2016 SALES

2016

2017

3

1

% CHANGE

-67%

$775K

$655K

-16%

$2.59M

$655K

-75%

7

westhampton beach village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

12

%

SALES TRANSACTIONS

39

%

MEDIAN PRICE

14%

Under $1M

PROPERTY ADDRESS 119 Dune Road

8

SOLD PRICE $12,200,000

36 Westbridge Road

$5,660,000

87 Dune Road

$3,718,500

127 Jessup Lane

$3,700,000

93 Beach Lane

$3,249,000

2017 SALES

% CHANGE

12

15

25%

$1M - $1.99M

6

6

0%

$2M - $2.99M

2

2

0%

$3M - $4.99M

3

3

0%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

-

1

N/A

OVER $15M

-

-

-

25

28

12%

$1.62M

$995K

-39%

$44.84M

$51.19M

14%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017

2016 SALES

2016

2017

4

3

$5.1M

$4.76M

% CHANGE

-25% -7%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

Sales Transactions Median Price Dollar Volume

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

7

9

% CHANGE

29%

$640K

$680K

6%

$4.52M

$6.06M

34%

westhampton dunes

FIRST HALF 2016 VS. 2017 HOME SALES

133

%

SALES TRANSACTIONS

24

%

MEDIAN PRICE

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

2016 SALES

2017 SALES

% CHANGE

Under $1M

-

2

N/A

$1M - $1.99M

1

2

100%

$2M - $2.99M

1

2

100%

$3M - $4.99M

1

1

0%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

3

7

133%

Sales Transactions Median Price

$2.50M

$1.9M

-24%

Dollar Volume

$7.02M

$13.28M

89%

89%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

669 Dune Road

$3,330,000

951 Dune Road

$2,800,000

929 Dune Road

$2,025,000

712 Dune Road

$1,900,000

30 Dune Lane

$1,750,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

9

quiogue

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

29%

SALES TRANSACTIONS

114%

MEDIAN PRICE

196%

5

-17%

$1M - $1.99M

-

1

N/A

$2M - $2.99M

1

1

0%

$3M - $4.99M

-

2

N/A

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

Sales Transactions

7

9

29%

Median Price Dollar Volume

767 Montauk Highway

$3,200,000

9 Quantuck Bay Lane

$2,275,000

56 Meeting House Road

$1,640,000

2 Jennifers Path

10

$360K

$770K

114%

$4.47M

$13.25M

196%

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

SOLD PRICE $3,800,000

% CHANGE

6

TOP 5 HOME SALES IN 2017 20 Notamiset Street

2017 SALES

Under $1M

DOLLAR VOLUME

PROPERTY ADDRESS

2016 SALES

$770,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

1 $412K

2017

% CHANGE

1

0%

$100K

-76%

quogue

FIRST HALF 2016 VS. 2017 HOME SALES

N/A SALES TRANSACTIONS

N/A MEDIAN PRICE

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

2016 SALES

2017 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

1

N/A

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

Sales Transactions

-

1

N/A

Median Price

-

$1.36M

N/A

Dollar Volume

-

$1.36M

N/A

N/A

DOLLAR VOLUME TOP HOME SALE IN 2017 PROPERTY ADDRESS 11 Whippoorwill Lane

SOLD PRICE $1,365,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

11

quogue village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

0

%

SALES TRANSACTIONS

23%

MEDIAN PRICE

23

%

DOLLAR VOLUME

PRICE CATEGORY

2017 SALES

% CHANGE

Under $1M

6

4

-33%

$1M - $1.99M

9

8

-11%

$2M - $2.99M

3

8

167%

$3M - $4.99M

2

5

150%

$5M - $9.99M

5

1

-80%

$10M - $14.99M

1

-

-100%

OVER $15M

-

-

-

26

26

0%

Sales Transactions Median Price Dollar Volume

$1.85M

$2.27M

23%

$76.28M

$58.76M

-23%

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

6 $4.39M

2017

% CHANGE

1

-83%

$245K

-94%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

12

2016 SALES

2016

2017

4

5

% CHANGE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$1.52M

$1.39M

-8%

5 Sandacres Lane

$6,450,000

Dollar Volume

$6.45M

$7.22M

12%

5 Club Lane

$4,225,000

7 Ocean Avenue

$3,600,000

88 Dune Road

$3,500,000

30 Penniman Point Road

$3,200,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

25%

east quogue

FIRST HALF 2016 VS. 2017 HOME SALES

50%

SALES TRANSACTIONS

.8%

MEDIAN PRICE

49%

DOLLAR VOLUME

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

Under $1M

2016 SALES

2017 SALES

% CHANGE

35

52

49%

$1M - $1.99M

5

7

40%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

40

60

50%

$595K

$590K

-.8%

$26.78M

$39.87M

49%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

4

16

$880K

$4.01M

% CHANGE

300% 356%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

2016

2017

1

1

0%

% CHANGE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

Median Price

$228K

$348K

53%

Dollar Volume

$228K

$348K

53%

SOLD PRICE

12 Sunset Avenue

$2,500,000

12 Honeysuckle Lane

$1,500,000

24 Weesuck Avenue

$1,305,000

10 Eagle Close

$1,265,000

72 Corbett Drive

$1,175,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

13

hampton bays

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

8

%

SALES TRANSACTIONS

15

%

MEDIAN PRICE

Under $1M

2016 SALES

2017 SALES

% CHANGE

115

105

-9%

$1M - $1.99M

7

8

14%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

123

113

-8%

$410K

$470K

15%

$61.7M

$61.9M

.3%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES

.3%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2017

9

6

$1.58M

$2.13M

% CHANGE

-33% 35%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

14

2016

2016

2017

4

2

% CHANGE

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

Median Price

$269K

$468K

74%

Dollar Volume

$1.27M

$935K

-26%

SOLD PRICE

9 Trynz Lane

$1,845,750

142B Newtown Road

$1,375,000

2 Sun Court

$1,350,000

10 Corwin Lane

$1,300,000

20 Cedar Lane

$1,290,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

-50%

southampton

FIRST HALF 2016 VS. 2017 HOME SALES

15%

SALES TRANSACTIONS

15%

MEDIAN PRICE

4%

DOLLAR VOLUME

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

2017 SALES

% CHANGE

Under $1M

54

61

13%

$1M - $1.99M

25

25

0%

$2M - $2.99M

6

11

83%

$3M - $4.99M

7

12

71%

$5M - $9.99M

1

-

- 100%

$10M - $14.99M

2

-

-100%

OVER $15M

-

-

-

95

109

15%

$825K

$950K

15%

$147.46M

$141.51M

-4%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

7

12

$14.5M

$5.87M

% CHANGE

71% -60%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

30 Oceanview Drive

$4,900,000

Dollar Volume

282 Roses Grove Road

$4,125,000

56 Clearview Farm Road

$4,050,000

39 Lake Drive North

$3,908,333

2 Rose Court

$3,825,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016 SALES

2016

2017

8

7

% CHANGE

-13%

$576K

$492K

-15%

$4.76M

$4.02M

-16%

15

southampton village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

34

%

SALES TRANSACTIONS

51%

PRICE CATEGORY

Under $1M

DOLLAR VOLUME

-43%

$1M - $1.99M

12

14

17%

$2M - $2.99M

9

9

0%

$3M - $4.99M

5

10

100%

$5M - $9.99M

7

9

29%

$10M - $14.99M

-

4

N/A

OVER $15M

1

5

400%

Sales Transactions

41

55

34%

Median Price

$2M

$3.02M

51%

$147.19M

$328.85M

123%

Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

16

2016

2017

2

1

$5.05M

$6.7M

% CHANGE

-50% 33%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES Sales Transactions

SOLD PRICE

Median Price

328 Gin Lane

$31,000,000

Dollar Volume

7 Old Town Road

$26,000,000

1510 Meadow Lane

$24,600,000

500 Old Town Road

$22,150,000

83 Fowler Street

$15,800,000

PROPERTY ADDRESS

% CHANGE

4

CONDO/COOP

TOP 5 HOME SALES IN 2017

2017 SALES

7

MEDIAN PRICE

123%

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

7

7

% CHANGE

0%

$1.2M

$1.05M

-13%

$9.48M

$10.01M

6%

water mill

FIRST HALF 2016 VS. 2017 HOME SALES

53

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

%

SALES TRANSACTIONS

61

%

MEDIAN PRICE

91

%

DOLLAR VOLUME

Under $1M

2017 SALES

% CHANGE

5

4

-20%

$1M - $1.99M

10

10

0%

$2M - $2.99M

5

5

0%

$3M - $4.99M

5

13

160%

$5M - $9.99M

5

10

100%

$10M - $14.99M

-

6

N/A

OVER $15M

2

1

-50%

32

49

53%

$2.05M

$3.3M

61%

$122.5M

$233.84M

91%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

10

8

$44.49M

$11.28M

% CHANGE

-20% -75%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

TOP 5 HOME SALES IN 2017

2016 SALES

Sales Transactions

2016

2017

2

1

% CHANGE

-50%

PROPERTY ADDRESS

SOLD PRICE

Median Price

$2.1M

$1.15M

-45%

1285 Flying Point Road

$20,500,000

Dollar Volume

$4.2M

$1.15M

-73%

1320 Flying Point Road

$13,458,333

100 Crescent Avenue

$12,000,000

117 Cobb Isle Road

$12,000,000

34 Bay Lane

$11,250,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

17

bridgehampton

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

15

%

SALES TRANSACTIONS

5

%

MEDIAN PRICE

30

%

PRICE CATEGORY

Under $1M

-17%

$1M - $1.99M

17

13

-24%

$2M - $2.99M

3

5

67%

$3M - $4.99M

10

11

10%

$5M - $9.99M

9

7

-22%

$10M - $14.99M

2

-

-100%

OVER $15M

1

-

-100%

48

41

-15%

Sales Transactions Median Price Dollar Volume

18

6 Polo Court

$8,000,000

3 Polo Court

$7,600,000

14 Two Trees Lane

$7,400,000

280 Halsey Lane

$6,140,000

$2.29M

$2.16M

-5%

$179.74M

$126.74M

-30%

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

SOLD PRICE $8,150,000

% CHANGE

5

TOP 5 HOME SALES IN 2017 318 Mitchells Lane

2017 SALES

6

DOLLAR VOLUME

PROPERTY ADDRESS

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

4

6

$12.2M

$13.25M

% CHANGE

50% 9%

sag harbor

FIRST HALF 2016 VS. 2017 HOME SALES

13%

SALES TRANSACTIONS

16

%

MEDIAN PRICE

2%

DOLLAR VOLUME

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

2016 SALES

2017 SALES

% CHANGE

Under $1M

35

24

-31%

$1M - $1.99M

13

16

23%

$2M - $2.99M

9

7

-22%

$3M - $4.99M

2

4

100%

$5M - $9.99M

2

2

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

61

53

-13%

$950K

$1.1M

16%

$82.72M

$80.8M

-2%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

8

6

$3.82M

$3.66M

% CHANGE

-25% -4%

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

3605 Noyac Road

$5,800,000

54 Bay View Drive East

$5,350,000

233 Old Sag Harbor Road

$3,975,000

34 Noyac Bay Avenue

$3,900,000

21 Munchogue Drive

$3,300,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

19

sag harbor village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

0

%

SALES TRANSACTIONS

18

%

MEDIAN PRICE

9

%

DOLLAR VOLUME

8

-33%

$1M - $1.99M

17

19

12%

$2M - $2.99M

2

6

200%

$3M - $4.99M

7

6

-14%

$5M - $9.99M

3

2

-33%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

41

41

0%

Sales Transactions Median Price Dollar Volume

LAND

Sales Transactions Dollar Volume

SOLD PRICE

Median Price

$8,000,000

Dollar Volume

20

$4,740,000

176 Redwood Road

$4,275,000

18 Howard Street

$3,850,000

$1.65M

18%

$78.96M

$86.15M

9%

2016

2017

2

1

-50%

880K

-38%

$1.4M

% CHANGE

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES

PROPERTY ADDRESS

6 Morris Cove Lane

$1.4M

FIRST HALF 2016 VS. 2017 LAND SALES

Sales Transactions

$7,750,000

% CHANGE

12

TOP 5 HOME SALES IN 2017

18 Sound View Drive

2017 SALES

Under $1M

CONDO/COOP

10 Cove Road

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

17

8

% CHANGE

-53%

$470K

$2.3M

389%

$13.21M

$18.59M

41%

north haven

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

12

%

SALES TRANSACTIONS

44

%

MEDIAN PRICE

25

2017 SALES

% CHANGE

Under $1M

3

1

-67%

$1M - $1.99M

6

6

0%

$2M - $2.99M

5

3

-40%

$3M - $4.99M

1

3

200%

$5M - $9.99M

2

1

-50%

$10M - $14.99M

-

1

N/A

OVER $15M

-

-

-

17

15

-12%

$1.6M

$2.3M

44%

$40.87M

$50.94M

25%

Sales Transactions Median Price Dollar Volume

%

2016 SALES

FIRST HALF 2016 VS. 2017 LAND SALES 2016

2017

Sales Transactions

-

2

N/A

Dollar Volume

-

$3.72M

N/A

LAND

% CHANGE

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

6 Seaponack Drive

$13,680,000

38 Ezekills Hollow

$9,500,000

5 Blue Heron Way

$4,518,000

18 Gardiners Path

$3,160,000

6 Maunakea Street

$3,150,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

21

shelter island

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

18

PRICE CATEGORY

%

SALES TRANSACTIONS

10

%

MEDIAN PRICE

11%

DOLLAR VOLUME

22

$8,250,000

27 East Brander Parkway

$4,504,500

8C Pheasant Lane

$2,500,000

8 Westmoreland Drive

$2,220,000

136 Ram Island Drive

$1,975,000

% CHANGE

32

28

-13%

$1M - $1.99M

12

8

-33%

$2M - $2.99M

2

2

0%

$3M - $4.99M

3

1

-67%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

49

40

-18%

$855K

$770K

-10%

$53M

$47.43M

-11%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

SOLD PRICE

3 Nostrand Parkway

2017 SALES

Under $1M

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

11

8

$3.91M

$3.15M

% CHANGE

-27% -19%

sagaponack

FIRST HALF 2016 VS. 2017 HOME SALES

25%

SALES TRANSACTIONS

64

%

MEDIAN PRICE

2%

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

2016 SALES

2017 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

2

2

0%

$2M - $2.99M

-

-

-

$3M - $4.99M

1

1

0%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

4

3

-25%

$1.8

64%

$6.26M

-2%

Sales Transactions Median Price Dollar Volume

$1.1M $6.38M

FIRST HALF 2016 VS. 2017 LAND SALES 2016

2017

Sales Transactions

-

1

N/A

Dollar Volume

-

$850K

N/A

LAND

% CHANGE

DOLLAR VOLUME

TOP HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

296 Merchants Path

$3,065,000

691 Sagg Road

$1,800,000

371 Merchants Path

$1,393,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

23

sagaponack village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

60%

SALES TRANSACTIONS

60

%

-

-100%

$1M - $1.99M

-

-

-

$2M - $2.99M

2

1

-50%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

2

2

0%

$10M - $14.99M

3

-

-100%

OVER $15M

-

1

N/A

10

4

-60%

Sales Transactions Median Price Dollar Volume

LAND

Sales Transactions Dollar Volume

24

SOLD PRICE $18,325,000

99 Parsonage Lane

$9,575,000

34 Ericas Lane

$6,300,000

414 Hedges Lane

$2,988,000

$4.97M

$7.94M

60%

$64.28M

$37.19M

-42%

FIRST HALF 2016 VS. 2017 LAND SALES

TOP HOME SALES IN 2017 55 Trees Lane

% CHANGE

1

DOLLAR VOLUME

PROPERTY ADDRESS

2017 SALES

Under $1M

MEDIAN PRICE

42%

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

3

1

-67%

$2.8M

$840K

-70%

% CHANGE

wainscott

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

58%

SALES TRANSACTIONS

10 62% %

MEDIAN PRICE

2016 SALES

2017 SALES

% CHANGE

Under $1M

2

-

-100%

$1M - $1.99M

4

3

-25%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

2

-

-100%

$10M - $14.99M

1

1

0%

OVER $15M

-

-

-

12

5

-58%

Sales Transactions Median Price Dollar Volume

$2.13M

$1.92M

-10%

$48.28M

$18.22M

-62%

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

3

2

-33%

$1.5M

-32%

$2.21M

% CHANGE

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS 64 Beach Lane

SOLD PRICE $10,000,000

6 Wainscott Main Street

$3,600,000

22 Esterbrook Road

$1,925,000

492 Sag Harbor Turnpike

$1,625,000

171 Sayres Path

$1,070,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

25

east hampton

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

24

%

SALES TRANSACTIONS

8%

MEDIAN PRICE

51

%

DOLLAR VOLUME

PRICE CATEGORY

2017 SALES

% CHANGE

Under $1M

54

57

6%

$1M - $1.99M

20

30

50%

$2M - $2.99M

5

6

20%

$3M - $4.99M

1

5

400%

$5M - $9.99M

-

1

N/A

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

80

99

24%

$839K

$905K

8%

$78.42M

$117.99M

51%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

16

22

$9.99M

$20.01M

% CHANGE

38% 100%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

26

2016 SALES

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

17 Roberts Lane

$5,700,000

Dollar Volume

56 Wireless Road

$4,125,000

343 Kings Point Road

$3,410,000

101 Montauk Highway

$3,300,000

40 Huntting Avenue

$3,150,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

2

3

% CHANGE

50%

$878K

$674K

-23%

$1.76M

$2.37M

35%

east hampton village

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

4

%

SALES TRANSACTIONS

40%

MEDIAN PRICE

52

%

2016 SALES

2017 SALES

% CHANGE

Under $1M

2

3

50%

$1M - $1.99M

3

5

67%

$2M - $2.99M

9

4

-56%

$3M - $4.99M

3

9

200%

$5M - $9.99M

4

3

-25%

$10M - $14.99M

1

2

100%

OVER $15M

4

1

-75%

26

27

4%

$2.42M

$3.4M

40%

$250.2M

$119.24M

-52%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

5

2

$51.75M

$7.23M

% CHANGE

-60% -86%

DOLLAR VOLUME TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

32 Middle Lane

$25,000,000

57 Cross Highway

$11,800,000

59 Hither Lane

$10,555,000

89 Middle Lane

$6,285,000

20 Hook Pond Lane

$5,950,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

27

east hampton springs

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

9%

SALES TRANSACTIONS

10%

MEDIAN PRICE

4%

PRICE CATEGORY

Under $1M

2%

$1M - $1.99M

8

14

75%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

55

60

9%

$720K

$650K

-10%

$48.57M

$46.75M

-4%

Sales Transactions Median Price Dollar Volume

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

28

SOLD PRICE $1,800,000

205 Three Mile Harbor HC Road

$1,700,001

12 South Pond Road

$1,700,000

243 Gerard Drive

$1,600,000

470 Old Stone Highway

$1,500,000

% CHANGE

46

TOP 5 HOME SALES IN 2017 101 Gerard Drive

2017 SALES

45

DOLLAR VOLUME

PROPERTY ADDRESS

2016 SALES

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

12

7

$5.68M

$4.56M

% CHANGE

-42% -20%

east hampton northwest

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

18

%

SALES TRANSACTIONS

1

%

MEDIAN PRICE

23%

2016 SALES

2017 SALES

% CHANGE

Under $1M

28

27

-4%

$1M - $1.99M

37

28

-24%

$2M - $2.99M

8

8

0%

$3M - $4.99M

6

2

-67%

$5M - $9.99M

1

1

0%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

80

66

-18%

Sales Transactions Median Price Dollar Volume

$1.3M

$1.31M

1%

$121.88M

$93.78M

-23%

FIRST HALF 2016 VS. 2017 LAND SALES LAND

Sales Transactions Dollar Volume

2016

2017

10

8

$7.8M

$5.25M

% CHANGE

-20% -33%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

SOLD PRICE

400 Hands Creek Road

$5,500,000

534 Hands Creek Road

$4,700,000

2 Dering Lane

$3,770,000

37 Mile Hill Road

$2,600,000

221 Old Northwest Road

$2,550,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

29

amagansett

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

PRICE CATEGORY

11%

SALES TRANSACTIONS

0%

MEDIAN PRICE

Under $1M

2016 SALES

2017 SALES

% CHANGE

5

6

20%

$1M - $1.99M

17

16

-6%

$2M - $2.99M

3

6

100%

$3M - $4.99M

6

8

33%

$5M - $9.99M

5

4

-20%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

36

40

11%

Sales Transactions Median Price Dollar Volume

$1.78M

$1.78M

0%

$94.25M

$96.52M

2%

FIRST HALF 2016 VS. 2017 LAND SALES

2%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN 2017 PROPERTY ADDRESS

30

SOLD PRICE

205 Marine Blvd

$7,600,000

6 Sandpiper Lane

$7,000,000

24 Atlantic Avenue

$5,625,000

39 Hedges Lane

$5,495,000

52 Cross Highway

$4,850,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2017

9

5

$10.46M

$4.76M

% CHANGE

-44% -55%

montauk

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES PRICE CATEGORY

0

%

SALES TRANSACTIONS

8

%

MEDIAN PRICE

2016 SALES

2017 SALES

% CHANGE

Under $1M

26

24

-8%

$1M - $1.99M

15

14

-7%

$2M - $2.99M

6

6

0%

$3M - $4.99M

2

3

50%

$5M - $9.99M

1

3

200%

$10M - $14.99M

-

-

-

OVER $15M

-

-

-

50

50

0%

Sales Transactions Median Price Dollar Volume

$998K

$1.08M

8%

$67.27M

$83.13M

24%

FIRST HALF 2016 VS. 2017 LAND SALES

24%

DOLLAR VOLUME

LAND

Sales Transactions Dollar Volume

2017

8

5

$7.83M

$6.71M

% CHANGE

-38% -14%

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES CONDO/COOP

TOP 5 HOME SALES IN 2017

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

253 Old Montauk Highway

$7,850,000

Dollar Volume

184 Soundview Drive

$6,200,000

70 Kettle Hole Road

$5,250,000

75 Wood Drive

$3,400,000

7 Deforest Road

$3,250,000

FIRST HALF HAMPTONS REAL ESTATE MARKET REPORT, 2016 VS. 2017

2016

2016

2017

12

6

% CHANGE

-50%

$410K

$538K

31%

$5.97M

$2.86M

-52%

31

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 HOME SALES

FIRST HALF 2016 VS. 2017 LAND SALES

FIRST HALF 2016 VS. 2017 COOP/CONDO SALES TOP 5 HOME SALES IN 2017

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.