2018 Q1 Market Report

hamptons real estate market report FIRST QUARTER 2018 PUBLISHED MAY 8, 2018

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 Q1 2017 VS. 2018 SaundersMarketReport.com 3 ALL HAMPTONS - 1ST QUARTER 4 MARKET REPORT LINK

5 REMSENBURG

18 BRIDGEHAMPTON 19 SAG HARBOR 20 SAG HARBOR VILLAGE

6 WESTHAMPTON

21 NORTH HAVEN

7 WESTHAMPTON BEACH

22 SHELTER ISLAND

8 VILLAGE OF WESTHAMPTON BEACH

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 may

8, 2018

all hamptons TOTAL SALES TRANSACTIONS FIRST QUARTER 2017 VS. 2018 HOME/LAND/CONDO/ COOP/COMMERCIAL

Sales Transactions Dollar Volume

TOTAL SALES 2017

577 $962.46M

TOTAL SALES 2018

455

TOTAL % CHANGE

-21%

$905.18M

-6%

HOME SALES FIRST QUARTER 2017 VS. 2018 PRICE CATEGORY

Q1HOMES HOME SALES Q1 SALES2017 2017VS. VS.2018 2018

20%

SALES TRANSACTIONS

8

2017 SALES

2018 SALES

% CHANGE

Under $1M

239

180

-25%

$1M - $1.99M

113

101

-11%

$2M - $2.99M

42

27

-36%

2018 $3M - $4.99M Q1 HOME SALES 47 2017 VS. 31 $5M - $9.99M

-34%

23

26

13%

$10M - $19.99M

3

5

67%

OVER $20M

2

4

100%

469

374

$999K

$1.08M

8%

$834.66M

$783.6M

-6%

Sales Transactions Median Price Dollar Volume

-20%

LAND SALES FIRST QUARTER 2017 VS. 2018

%

LAND

Sales Transactions Dollar Volume

MEDIAN PRICE

6%

DOLLAR VOLUME

2017

2018

61

42

$62.66M

$51.52M

% CHANGE

-31% -18%

CONDO SALES FIRST QUARTER 2017 VS. 2018 CONDO

Sales Transactions Median Price Dollar Volume

2017

2018

28

17

% CHANGE

-39%

$780K

$565K

-28%

$30.38M

$10.91M

-64%

COMMERCIAL SALES FIRST QUARTER 2017 VS. 2018 TOP 5 HOME SALES IN 2018 TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS 134 Murray Lane, Southampton Vill.

51 Halsey Lane, Water Mill 121 Further Lane, East Hampton 719 Ocean Road, Bridgehampton 25 Cove Hollow Farm Rd. East Hampton

SOLD $32M

COMMERCIAL

Sales Transactions Dollar Volume

2017

2018

16

19

$31.38M

$49.64M

% CHANGE

19% 58%

$26.1M $24M $22.71M $14.6M

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

3

View Past Market Reports Online At:

www.saundersmarketreport.com

remsenburg

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

62

%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

9

3

-67%

$1M - $1.99M

4

1

-75%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

1

N/A

$10M - $19.99M

-

-

-

13

5

-62%

OVER $20M Sales Transactions Median Price Dollar Volume

$960K

$899K

-6%

$12.22M

$8.36M

-32%

Q1 LAND SALES 2017 VS. 2018

32%

LAND

2017

Sales Transactions

1

Dollar Volume

$400K

2018

2 $512K

% CHANGE

100% 28%

DOLLAR VOLUME

TOP HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

30 Cedar Lane

$5,083,000

29 Ring Neck Road

$1,274,000

29 Tuthill Lane

$899,000

58 Halsey Road

$715,000

14 Bayview Road

$386,250

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

5

westhampton

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

47

%

SALES TRANSACTIONS

9%

MEDIAN PRICE

44%

PRICE CATEGORY

Under $1M

-46%

$1M - $1.99M

5

1

-80%

$2M - $2.99M

1

2

100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

17

9

-47%

Sales Transactions Median Price

$780K

$850K

9%

Dollar Volume

$17.5M

$9.89M

-44%

Q1 LAND SALES 2017 VS. 2018 2017

LAND

Sales Transactions

6

PROPERTY ADDRESS

SOLD PRICE

Median Price

7 Bay Meadow Lane

$2,400,000

Dollar Volume

68 South Country Road

$2,135,000

34 Brushy Neck Lane

$1,200,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

-

2018

% CHANGE

1

N/A

$284K

N/A

Q1 CONDO SALES 2017 VS. 2018 Sales Transactions

$850,000

-

Dollar Volume

TOP 5 HOME SALES IN 2018

27 Hollow Lane

% CHANGE

6

CONDO

$899,000

2018 SALES

11

DOLLAR VOLUME

38 Lakeside Lane

2017 SALES

2017

2018

3

2

% CHANGE

-33%

$785K

$662K

-16%

$1.82M

$1.32M

-27%

westhampton beach

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

0

%

SALES TRANSACTIONS

41

%

MEDIAN PRICE

2017 SALES

2018 SALES

% CHANGE

Under $1M

2

2

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

2

2

-

Sales Transactions Median Price

$576K

$815K

41%

Dollar Volume

$1.15M

$1.63M

41%

Q1 LAND SALES 2016 VS. 2017

41

%

LAND

Sales Transactions Dollar Volume

2017

2018

1

-

-100%

$425

-

-100%

% CHANGE

DOLLAR VOLUME TOP HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

117 Oneck Lane

$900,000

115 Oneck Lane

$730,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

7

village of westhampton beach

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

9

%

SALES TRANSACTIONS

7

%

MEDIAN PRICE

27%

PROPERTY ADDRESS 29 Fiske Avenue

$4,850,000

24 Stacy Drive

$4,200,000

28 Michaels Way

$2,940,000

11 Watersedge Court

$1,550,000

50 Aspatuck Road

8

SOLD PRICE

$985,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

2018 SALES

% CHANGE

Under $1M

7

6

-14%

$1M - $1.99M

2

1

-50%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

2

2

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

11

10

-9%

$995K

$928K

-7%

$14.05M

$17.87M

27%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018

2017 SALES

2017

2018

2

-

-100%

-

-100%

$1.93M

% CHANGE

Q1 CONDO SALES 2017 VS. 2018 CONDO

Sales Transactions Median Price Dollar Volume

2017

2018

6

2

% CHANGE

-67%

$684K

$582K

-15%

$4.28M

$1.16M

-73%

westhampton dunes

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

100

%

SALES TRANSACTIONS

26

%

MEDIAN PRICE

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

1

1

-

$2M - $2.99M

-

-

-

$3M - $4.99M

-

1

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

1

2

100%

Sales Transactions Median Price

$1.9M

$2.4M

26%

Dollar Volume

$1.9M

$4.79M

152%

152%

DOLLAR VOLUME

TOP HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

733 Dune Road

$3,000,000

846 Dune Road

$1,792,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

9

quiogue

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

300%

SALES TRANSACTIONS

49%

MEDIAN PRICE

96%

DOLLAR VOLUME

TOP HOME SALES IN 2018 PROPERTY ADDRESS

10

SOLD PRICE

12 Lucy Lane

$1,140,000

10 Lucy Lane

$1,100,000

33 Meeting House Road

$590,000

98 Peters Lane

$385,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

2017 SALES

2018 SALES

% CHANGE

Under $1M

-

2

N/A

$1M - $1.99M

1

2

100%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

1

4

300%

Median Price

$1.64M

$845K

-49%

Dollar Volume

$1.64M

$3.22M

96%

quogue

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

N/A SALES TRANSACTIONS

N/A MEDIAN PRICE

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

1

N/A

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

-

1

N/A

Median Price

-

$1.12M

N/A

Dollar Volume

-

$1.12M

N/A

N/A

DOLLAR VOLUME TOP HOME SALE IN 2018 PROPERTY ADDRESS 2 Whipporwill Lane

SOLD PRICE $1,120,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

11

quogue village

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

27

%

SALES TRANSACTIONS

6%

MEDIAN PRICE

4

%

DOLLAR VOLUME TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

12

SOLD PRICE

86 Dune Road

$7,525,000

12 Heatherwood Lane

$6,500,000

28 Shinnecock Road

$4,500,000

68 Quogue Riverhead Road

$2,300,000

12 Howell Lane

$2,025,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

2

-

-100%

$1M - $1.99M

2

3

50%

$2M - $2.99M

4

2

-50%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

1

2

100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

11

8

-27%

Sales Transactions Median Price Dollar Volume

$2.3M

$2.16M

-6%

$27.22M

$28.2M

4%

Q1 CONDO SALES 2017 VS. 2018 CONDO

Sales Transactions Median Price Dollar Volume

2017

2018

2

1

% CHANGE

-50%

$1.19M

$1.56M

31%

$2.38M

$1.56M

-35%

east quogue

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

44%

SALES TRANSACTIONS

13%

MEDIAN PRICE

37%

PRICE CATEGORY

Under $1M

2017 SALES

2018 SALES

% CHANGE

28

15

47%

$1M - $1.99M

4

2

-50%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

32

18

-44%

$560K

$631K

13%

$20.26M

$12.76M

-37%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2017

2018

2

1

$245K

$117K

% CHANGE

-50% -52%

Q1 CONDO SALES 2017 VS. 2018 2017

2018

Sales Transactions

-

4

N/A

SOLD PRICE

Median Price

-

$348K

N/A

5 Harbor Lane

$2,362,000

Dollar Volume

-

$1.29M

N/A

53 Whippoorwill Lane

$1,575,000

6 Kate Court

$1,200,000

CONDO

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

12 Birchwood Lane

$790,000

4 Bennett Drive

$785,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

% CHANGE

13

hampton bays

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

5

%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

Under $1M

2017 SALES

2018 SALES

% CHANGE

39

38

-3%

$1M - $1.99M

3

2

-33%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

42

40

-5%

$477K

$450K

-6%

$23.37M

$19.8M

-15%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018

15%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2018

4

4

$910K

$1.26M

% CHANGE

39%

Q1 CONDO SALES 2017 VS. 2018 CONDO

14

2017

2017

2018

1

1

% CHANGE

TOP 5 HOME SALES IN 2018

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$210K

$232K

11%

15 Carmel Lane

$1,695,000

Dollar Volume

$210K

$232K

11%

11 Wells Lane

$1,050,000

1 Springville Circle

$780,000

6 Emerson Court

$649,000

9 Middle Road

$630,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

-

southampton

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

14%

SALES TRANSACTIONS

10%

MEDIAN PRICE

18%

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

21

26

24%

$1M - $1.99M

12

14

17%

$2M - $2.99M

6

5

-17%

$3M - $4.99M

4

2

-50%

$5M - $9.99M

-

2

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

43

49

14%

$1.08M

$975K

-10%

$57.88M

$68.49M

18%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2017

2018

7

3

$2.72M

$1.41M

% CHANGE

-57% -48%

Q1 CONDO SALES 2017 VS. 2018 CONDO

2017

2018

2

2

% CHANGE

TOP 5 HOME SALES IN 2018

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$482K

$650K

35%

466 Edge of Woods Road

$5,750,000

Dollar Volume

$964K

$1.3M

35%

535 David Whites Lane

$5,398,500

54 Edge of Woods Road

$4,100,000

32 White Oak Lane

$3,130,000

473 North Main Street

$2,935,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

-

15

southampton village

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

23

%

SALES TRANSACTIONS

31%

PRICE CATEGORY

5

67%

$1M - $1.99M

4

5

25%

$2M - $2.99M

5

1

-80%

$3M - $4.99M

7

3

-57%

$5M - $9.99M

5

3

-40%

$10M - $19.99M

-

2

N/A

OVER $20M

2

1

-50%

26

20

Sales Transactions Median Price Dollar Volume

-23%

$3.22M

$2.24M

-31%

$131.01M

$102.96M

-21%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

1

-

-100%

-

-100%

$6.7M

% CHANGE

Q1 CONDO SALES 2017 VS. 2018 CONDO

Sales Transactions

2017

2018

3

-

-100%

% CHANGE

SOLD PRICE

Median Price

$1.05M

-

-100%

134 Murray Lane

$32,000,000

Dollar Volume

$3.68M

-

-100%

88 Gin Lane

$12,500,000

90 Murray Lane

$12,500,000

PROPERTY ADDRESS

16

% CHANGE

3

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018

2018 SALES

Under $1M

MEDIAN PRICE

21%

2017 SALES

140 Duck Pond Lane

$8,500,000

133 Captains Neck Lane

$6,600,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

water mill

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

11

PRICE CATEGORY

%

SALES TRANSACTIONS

11

%

MEDIAN PRICE

1

%

51 Halsey Lane

% CHANGE

2

1

-50%

$1M - $1.99M

6

4

-33%

$2M - $2.99M

1

3

200%

$3M - $4.99M

4

7

75%

$5M - $9.99M

4

-

-100%

$10M - $19.99M

1

-

-100%

OVER $20M

-

1

N/A

18

16

-11%

Sales Transactions Median Price Dollar Volume

$2.77M

$3.06M

11%

$67.58M

$66.79M

-1%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

2

6

$2.66M

$19.59M

% CHANGE

200% 638%

Q1 CONDO SALES 2017 VS. 2018 CONDO

PROPERTY ADDRESS

2018 SALES

Under $1M

DOLLAR VOLUME TOP 5 HOME SALES IN 2018

2017 SALES

Sales Transactions

2017

2018

1

-

-100%

% CHANGE

SOLD PRICE

Median Price

$1.15M

-

-100%

$26,100,000

Dollar Volume

$1.15M

-

-100%

10 Deer Run

$4,641,200

68 Summerfield Lane

$3,750,000

74 Little Noyac Path

$3,672,250

1208 Noyac Path

$3,550,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

17

bridgehampton

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

36

%

SALES TRANSACTIONS

4

%

MEDIAN PRICE

115

%

DOLLAR VOLUME TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS 719 Ocean Road

$22,711,119

150 Mid Ocean Drive

$8,250,000

106 Halsey Lane

$8,000,000

39 West Pond Drive 128 Surfside Drive

18

SOLD PRICE

$7,125,000 $7,000,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

PRICE CATEGORY

2017 SALES

2018 SALES

% CHANGE

Under $1M

2

2

-

$1M - $1.99M

3

5

67%

$2M - $2.99M

2

3

50%

$3M - $4.99M

6

3

-50%

$5M - $9.99M

1

5

400%

$10M - $19.99M

-

-

-

OVER $20M

-

1

N/A

14

19

36%

Sales Transactions Median Price Dollar Volume

$2.96M

$2.85M

-4%

$39.96M

$85.77M

115%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

3

2

$7.15M

$5.12M

% CHANGE

-33% -28%

sag harbor

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

46%

SALES TRANSACTIONS

25

%

MEDIAN PRICE

PRICE CATEGORY

Under $1M

2017 SALES

2018 SALES

% CHANGE

12

7

-42%

$1M - $1.99M

8

8

-

$2M - $2.99M

4

-

-100%

$3M - $4.99M

3

-

-100%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

28

15

-46%

Sales Transactions Median Price

$1.49M

$1.12M

-25%

Dollar Volume

$46.6M

$17.09M

-63%

63%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

25 Rolling Hill Court West

$1,900,000

39 Margaret Drive

$1,725,000

151 Northside Drive

$1,575,000

103 Merchants Path

$1,525,000

86 Old Sag Harbor Road

$1,400,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

19

sag harbor village

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

35

%

SALES TRANSACTIONS

12

%

MEDIAN PRICE

42

%

DOLLAR VOLUME TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

20

SOLD PRICE

173 Bay Street

$4,350,000

5 Green Street

$3,215,000

319 Madison Street

$1,995,000

61 Redwood Road

$1,700,000

16 Glover Street

$1,695,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

2017 SALES

2018 SALES

% CHANGE

Under $1M

4

3

-25%

$1M - $1.99M

9

6

-33%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

2

2

-

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

17

11

-35%

Sales Transactions Median Price Dollar Volume

$1.57M

$1.38M

-12%

$32.58M

$18.88M

-42%

Q1 CONDO SALES 2017 VS. 2018 CONDO

Sales Transactions Median Price Dollar Volume

2017

2018

5

1

% CHANGE

-80%

$3M

$1.2M

-60%

$13.06M

$1.2M

-91%

north haven

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

33

%

SALES TRANSACTIONS

22

%

MEDIAN PRICE

70

2018 SALES

% CHANGE

Under $1M

1

-

-100%

$1M - $1.99M

2

3

50%

$2M - $2.99M

2

3

50%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

Sales Transactions

9

6

-33%

Median Price Dollar Volume

%

2017 SALES

$2.55M

$1.99M

-22%

$37.96M

$11.28M

-70%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

1

-

-100%

$3.5M

-

-100%

% CHANGE

DOLLAR VOLUME TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

55 Coves End Lane

$2,350,000

12 Blue Heron Way

$2,012,500

27 Stock Farm Lane

$2,003,875

22 Redcoats Lane

$1,975,000

3 Stock Farm Lane

$1,647,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

21

shelter island

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

55

PRICE CATEGORY

%

SALES TRANSACTIONS

19

%

MEDIAN PRICE

65%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

22

SOLD PRICE

4 Simpson Avenue

$1,300,000

1 Sandpiper Road

$1,275,000

45 Burns Road

$999,000

2 Freds Lane

$995,000

11 Terry Drive

$945,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

Under $1M

2016 SALES

2017 SALES

% CHANGE

16

8

-50%

$1M - $1.99M

4

2

-50%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

22

10

-55%

Sales Transactions Median Price Dollar Volume

$752K

$898K

19%

$26.21M

$9.11M

-65%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2016

2017

4

4

$1.82M

$1.89M

% CHANGE

4%

sagaponack

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

N/A

SALES TRANSACTIONS

N/A

PRICE CATEGORY

2018 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

-

-

-

Median Price

-

-

-

Dollar Volume

-

-

-

MEDIAN PRICE

N/A

2017 SALES

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

1

-

-100%

$850K

-

-100%

% CHANGE

DOLLAR VOLUME

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

23

sagaponack village

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

0%

SALES TRANSACTIONS

26

%

DOLLAR VOLUME

TOP HOME SALES IN 2018 PROPERTY ADDRESS 423 Parsonage Lane 116 Farm Court

24

SOLD PRICE $10,625,000 $5,250,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

2018 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

1

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

1

1

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

2

2

-

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

26%

2017 SALES

$6.28M

$7.94M

26%

$12.56M

$15.88M

26%

Q1 LAND SALES 2017 VS. 2018 2017

2018

Sales Transactions

-

1

N/A

Dollar Volume

-

$600K

N/A

LAND

% CHANGE

wainscott

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

100%

SALES TRANSACTIONS

28 156% %

2017 SALES

2018 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

1

N/A

$2M - $2.99M

-

-

-

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

1

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

1

2

100%

Median Price

$3.6M

$4.6M

28%

Dollar Volume

$3.6M

$9.2M

156%

MEDIAN PRICE

DOLLAR VOLUME

TOP HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

3 Georgica Association Road

$7,705,000

6 Rolling Woods Court

$1,500,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

25

east hampton

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

28

%

SALES TRANSACTIONS

20%

MEDIAN PRICE

14

%

PRICE CATEGORY

2018 SALES

% CHANGE

Under $1M

32

19

-41%

$1M - $1.99M

10

10

-

$2M - $2.99M

2

1

-50%

$3M - $4.99M

3

4

33%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

47

34

-28%

$795K

$958K

20%

$51.71M

$44.24M

-14%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2017

2018

12

3

$9.55M

$2.54M

% CHANGE

-75% -73%

Q1 CONDO SALES 2016 VS. 2017 CONDO

26

2017 SALES

2017

2018

1

2

% CHANGE

TOP 5 HOME SALES IN 2018

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$674K

$836K

24%

16 Fieldview Lane

$4,865,000

Dollar Volume

$674K

$1.67M

148%

186 Hands Creek Road

$3,900,000

184 Hands Creek Road

$3,800,000

22 Fieldview Lane

$3,325,000

16 Buell Lane Extension

$2,000,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

100%

east hampton village

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

10

%

SALES TRANSACTIONS

137%

MEDIAN PRICE

146

%

2017 SALES

2018 SALES

% CHANGE

Under $1M

2

2

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

1

-

-100%

$3M - $4.99M

4

1

-75%

$5M - $9.99M

1

5

400%

$10M - $19.99M

1

2

100%

OVER $20M

-

1

N/A

10

11

10%

Sales Transactions Median Price Dollar Volume

$3.48M

$8.25M

137%

$38.36M

$94.25M

146%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

2

-

-100%

-

-100%

$7.23M

% CHANGE

DOLLAR VOLUME TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

121 Further Lane

$24,000,000

25 Cove Hollow Farm Road

$14,600,000

12 Heller Lane

$10,500,000

33 Ocean Avenue

$9,400,000

140 Egypt Lane

$9,000,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

27

east hampton springs

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

0%

SALES TRANSACTIONS

4%

MEDIAN PRICE

19%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

28

SOLD PRICE

28 Farm House Lane

$3,835,000

22 Lookout Lane

$2,550,000

12 Three Mile Harbor HC Road

$1,900,000

144 Gerard Drive

$1,500,000

125 Neck Path

$1,404,500

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

PRICE CATEGORY

Under $1M

2017 SALES

2018 SALES

% CHANGE

21

21

-

$1M - $1.99M

8

6

-25%

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

1

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

29

29

-

$685K

$715K

4%

$23.34M

$27.82M

19%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

3

4

$2.99M

$1.76M

% CHANGE

33% -41%

east hampton northwest

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

23

%

SALES TRANSACTIONS

17

%

2018 SALES

% CHANGE

Under $1M

11

7

-36%

$1M - $1.99M

14

17

21%

$2M - $2.99M

3

-

-100%

$3M - $4.99M

2

-

-100%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

31

24

-23%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

45%

2017 SALES

$1.36M

$1.14M

-17%

$50.14M

$27.52M

-45%

Q1 LAND SALES 2017 VS. 2018 LAND

Sales Transactions Dollar Volume

2017

2018

5

1

$3.73M

$995K

% CHANGE

-80% -73%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

SOLD PRICE

13 Clamshell Avenue

$1,950,000

26 Oyster Shores Road

$1,825,000

4 Old Hollow Lane

$1,775,000

8 Beechwood Court

$1,408,000

5 Cattle Walk

$1,300,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

29

amagansett

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

26%

SALES TRANSACTIONS

51%

MEDIAN PRICE

2017 SALES

2018 SALES

% CHANGE

Under $1M

3

1

-67%

$1M - $1.99M

6

4

-33%

$2M - $2.99M

5

1

-80%

$3M - $4.99M

3

3

-

$5M - $9.99M

2

5

150%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

19

14

-26%

$2.25M

$3.4M

51%

$46.97M

$49.74M

6%

Sales Transactions Median Price Dollar Volume

Q1 LAND SALES 2017 VS. 2018

6%

DOLLAR VOLUME

TOP 5 HOME SALES IN 2018 PROPERTY ADDRESS

30

SOLD PRICE

18 Cranberry Lane

$8,750,000

45 Whalers Lane

$5,725,000

94 Miankoma Lane

$5,650,000

56 Hedges Lane

$5,600,000

54 Broadview Road

$5,095,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

LAND

Sales Transactions Dollar Volume

2017

2018

5

1

-80%

$3M

-37%

$4.76M

% CHANGE

montauk

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

PRICE CATEGORY

44

%

SALES TRANSACTIONS

9

%

MEDIAN PRICE

2017 SALES

2018 SALES

% CHANGE

Under $1M

11

6

-46%

$1M - $1.99M

4

2

-50%

$2M - $2.99M

3

3

-

$3M - $4.99M

2

1

-50%

$5M - $9.99M

3

1

-67%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

23

13

-44%

Sales Transactions Median Price Dollar Volume

$1.12M

$1.02M

-9%

$48.86M

$26.94M

-45%

Q1 LAND SALES 2017 VS. 2018

45%

LAND

Sales Transactions Dollar Volume

DOLLAR VOLUME

2017

2018

2

6

$945K

$9.18M

% CHANGE

200% 871%

Q1 CONDO SALES 2017 VS. 2018 CONDO

2017

2018

4

2

% CHANGE

TOP 5 HOME SALES IN 2018

Sales Transactions

PROPERTY ADDRESS

SOLD PRICE

Median Price

$558K

$585K

5%

58 Surfside Avenue

$8,700,000

Dollar Volume

$2.16M

$1.17M

-46%

17 Wills Point Road

$3,700,000

17 South DuBois Drive

$2,650,000

14 Washington Drive

$2,305,000

108 Old West Lake Drive

$2,000,000

HAMPTONS REAL ESTATE MARKET REPORT, Q1 2017 VS. 2018

-50%

31

Q1 HOME SALES 2017 VS. 2018

Q1 HOME SALES 2017 VS. 2018

Q1 LAND SALES 2017 VS. 2018

Q1 CONDO SALES 2017 VS. 2018 TOP 5 HOME SALES IN 2018

Copyright 2018. As a licensed real estate broker, Saunders & Associates is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. Saunders & Associates encourages and supports an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin. All material presented in this publication is intended for informational purposes only.

While this information is believed to be correct, it is presented subject to errors, omissions, change and withdrawal without notice. All material presented here is intended for informational purposes only and all outlines are approximate. Please recycle this booklet. “Saunders, A Higher Form of Realty� is registered in the U.S. Patent and Trademark Office.

Transaction data provided by LIRealEstateReport.com as of April 27, 2018.