Hamptons Real Estate Market Report, First Quarter 2020 vs. 2021

Page 1

hamptons real estate market report FIRST QUARTER 2021 PUBLISHED MAY 20TH, 2021

amagansett bridgehampton east hampton east quogue

hampton bays montauk north haven quogue

remsenburg sagaponack sag harbor shelter island

SaundersMarketReport.com

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THE HAMPTONS’ LEADING REAL ESTATE BROKERAGE FIRM

$2.3 BILLION SOLD AND RENTED IN 2020

Saunders & Associates’ unique model for getting our listings seen and sold continues to capture market share and establish new performance milestones. We invite you to contact one of our market savvy agents to assist you in achieving your real estate objectives.


hamptons real estate market report FIRST QUARTER 2021 SaundersMarketReport.com

5 ALL HAMPTONS - 1ST QTR 2020 VS. 2021

18 SAG HARBOR

6 REMSENBURG

19 SAG HARBOR VILLAGE

7 WESTHAMPTON

20 NORTH HAVEN

8 VILLAGE OF WESTHAMPTON BEACH

21 SHELTER ISLAND

9 WEST HAMPTON DUNES

22 SAGAPONACK

10 QUIOGUE

23 SAGAPONACK VILLAGE

11 QUOGUE VILLAGE

24 WAINSCOTT

12 EAST QUOGUE

25 EAST HAMPTON MIDDLE

13 HAMPTON BAYS

26 EAST HAMPTON VILLAGE

14 SOUTHAMPTON

27 EAST HAMPTON SPRINGS

15 SOUTHAMPTON VILLAGE

28 EAST HAMPTON NORTHWEST

16 WATER MILL

29 AMAGANSETT

17 BRIDGEHAMPTON

30 MONTAUK

published may

20th, 2021


View Past Market Reports Online At:

www.saundersmarketreport.com


all hamptons TOTAL SALES TRANSACTIONS FIRST QUARTER 2020 VS. 2021 TOTAL SALES 2021

TOTAL % CHANGE

571

640

12%

Median Price

$1.06M

$1.38M

30%

Dollar Volume

$1.362B

$1.524B

12%

HOME/LAND/CONDO/ COMMERCIAL

Sales Transactions

TOTAL SALES 2020

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

HOME SALES Q1 Q1 2020 2020 VS. VS.2021 2021 HOME SALES

13%

SALES TRANSACTIONS

36%

MEDIAN PRICE

22%

DOLLAR VOLUME

5

SOLD PRICE

% CHANGE

226

168

-26%

$1M - $1.99M

112

168

50%

$3M - $4.99M

46

67

46%

$5M - $9.99M

22

34

55%

$10M - $19.99M

12

6

-50%

5

6

20%

Sales Transactions

478

541

13%

Median Price

$1.1M

$1.5M

36%

$1.140B

$1.389B

22%

HOME SALES FIRST55 QUARTER 2020 $2M - $2.99M 92 VS. 2021 67%

OVER $20M

Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

52

63

21%

$712K

$725K

2%

$130.29M

$83.56M

-36%

% CHANGE

CONDO SALES FIRST QUARTER 2020 VS. 2021 CONDO

Sales Transactions Dollar Volume

PROPERTY ADDRESS

2021 SALES

Under $1M

Median Price

TOP Q12021 2021 TOP5 5HOME HOMESALES SALESINQ1

2020 SALES

2020

2021

24

23

-4%

$812K

$860K

6%

$23.84M

$20.42M

-14%

% CHANGE

COMMERCIAL SALES FIRST QUARTER 2020 VS. 2021

30 Spaeth Ln., East Hampton

$60,000,000

COMMERCIAL

70 Further Ln., East Hampton

$59,500,000

Sales Transactions

159 Trees Lane, Sagaponack

$26,000,000

Median Price

610 Sagg Main St., Sagaponack

$22,500,000

Dollar Volume

51 Sandpiper Ln., Bridgehampton

$21,000,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

2020

2021

12

12

% CHANGE

-

$2.9M

$1.92M

-34%

$63.18M

$29.52M

-53%

5


remsenburg

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

20%

SALES TRANSACTIONS

33

%

MEDIAN PRICE

PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

5

2

-60%

$1M - $1.99M

-

3

N/A

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M OVER $20M

-

-

-

Sales Transactions

5

6

20%

Median Price Dollar Volume

$950K

$1.26M

33%

$4.14M

$7.78M

88%

LAND SALES FIRST QUARTER 2020 VS. 2021

88%

DOLLAR VOLUME

LAND

2020

Sales Transactions

1

$2,250,000

16 Bridle Path

$1,540,625

17 Tuthill Lane

$1,320,000

12 Shore Road

$1,200,000

8 Southwind Road

6

1

-

$780K

$800K

3%

Dollar Volume

$780K

$800K

3%

SOLD PRICE

36 Tuthill Lane

% CHANGE

Median Price

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

2021

$975,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021


westhampton

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

25

%

SALES TRANSACTIONS

3%

MEDIAN PRICE

10%

DOLLAR VOLUME

PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

8

8

-

$1M - $1.99M

2

6

200%

$2M - $2.99M

1

1

-

$3M - $4.99M

-

-

-

$5M - $9.99M

1

-

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

12

15

25%

Sales Transactions Median Price Dollar Volume

$872K

$900K

3%

$17.79M

$16.01M

-10%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

3

2021

% CHANGE

3

-

$500K

$700K

31%

$2.82M

$2.4M

-15%

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021

2020

% CHANGE

4

33%

Sales Transactions

19 Brushy Neck Lane

$2,765,000

Median Price

$1.1M

$820K

-25%

26 Willowood Court

$1,950,000

Dollar Volume

$3.1M

$4.24M

37%

1 Bayview Drive

$1,575,000

44 Brushy Neck Lane

$1,420,000

12 Apaucuck Cove Lane

$1,285,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

3

2021

SOLD PRICE

PROPERTY ADDRESS

7

CONDO

7


village of westhampton beach

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

PRICE CATEGORY

21

%

SALES TRANSACTIONS

8

%

MEDIAN PRICE

11%

DOLLAR VOLUME

Under $1M

2020 SALES

2021 SALES

% CHANGE

8

7

-13%

$1M - $1.99M

10

8

-20%

$2M - $2.99M

1

1

-

$3M - $4.99M

5

2

-60%

$5M - $9.99M

-

1

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

24

19

-21%

Sales Transactions Median Price Dollar Volume

$1.32M

$1.43M

8%

$41.17M

$36.83M

-11%

LAND SALES FIRST QUARTER 2020 VS. 2021 2020

2021

1

2

100%

Median Price

$1.35M

$938K

-31%

Dollar Volume

$1.35M

$1.88M

39%

LAND

Sales Transactions

% CHANGE

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

8

CONDO

2020

2021

2

3

% CHANGE

SOLD PRICE

Sales Transactions

132 Dune Road

$9,700,000

Median Price

$898K

$999K

11%

27 Stacy Drive

$3,225,000

Dollar Volume

$1.8M

$2.99M

67%

51 White Oak Lane

$3,000,000

40 Griffing Avenue

$2,745,000

86 Harbor Road

$1,950,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

50%


west hampton dunes

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

PRICE CATEGORY

33

%

SALES TRANSACTIONS

40

%

MEDIAN PRICE

2020 SALES

2021 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

2

N/A

$2M - $2.99M

1

1

-

$3M - $4.99M

1

1

-

$5M - $9.99M

1

-

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

3

4

33%

Sales Transactions Median Price Dollar Volume

$3.6M

$2.15M

-40%

$11.72M

$8.9M

-24%

24%

DOLLAR VOLUME TOP HOME SALES 2021 PROPERTY ADDRESS

9

SOLD PRICE

724 Dune Road

$3,250,000

803 Dune Road

$2,700,000

905 Dune Road

$1,600,000

848 Dune Road

$1,350,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

9


quiogue

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

33

%

SALES TRANSACTIONS

52%

MEDIAN PRICE

22%

DOLLAR VOLUME

PRICE CATEGORY

10

$1,875,000

44 Hampton Street

$1,535,000

80 Meeting House Road

$805,000

18 South Country Road

$740,000

% CHANGE

-

2

N/A

$1M - $1.99M

1

2

100%

$2M - $2.99M

2

-

N/A

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

3

4

33%

Median Price

$2.45M

$1.17M

-52%

Dollar Volume

$6.32M

$4.96M

-22%

LAND SALES FIRST QUARTER 2020 VS. 2021 2020

2021

Sales Transactions

-

1

N/A

Median Price

-

$255K

N/A

Dollar Volume

-

$255K

N/A

LAND

SOLD PRICE

50 Franklin Avenue

2021 SALES

Under $1M

TOP HOME SALES 2021 PROPERTY ADDRESS

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

% CHANGE


quogue village

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

7

%

SALES TRANSACTIONS

43%

MEDIAN PRICE

PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

4

4

-

$1M - $1.99M

2

4

100%

$2M - $2.99M

3

4

33%

$3M - $4.99M

5

1

-80%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

14

13

-7%

Sales Transactions Median Price Dollar Volume

$2.19M

$1.25M

-43%

$32.89M

$22.21M

-33%

33%

DOLLAR VOLUME

PROPERTY ADDRESS

11

SOLD PRICE

31 Ogden Lane

$3,500,000

14 Niamogue Lane

$2,600,000

24 Old Main Road

$2,550,000

10 Arbutus Road

$2,475,000

7 Beach Lane

$2,375,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

11


east quogue

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

29%

SALES TRANSACTIONS

14%

MEDIAN PRICE

22%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2020 SALES

2021 SALES

% CHANGE

17

20

18%

$1M - $1.99M

3

7

133%

$2M - $2.99M

-

-

-

$3M - $4.99M

1

-

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

21

27

29%

Sales Transactions Median Price Dollar Volume

$705K

$800K

14%

$19.51M

$23.77M

22%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions

2020

2021

1

4

% CHANGE

300%

Median Price

$375K

$418K

11%

Dollar Volume

$375K

$2.09M

457%

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS 1 Rosebud Lane

2020

2021

% CHANGE

SOLD PRICE

Sales Transactions

-

1

N/A

$1,595,000

Median Price

-

$393K

N/A

Dollar Volume

-

$393K

N/A

2650 Quogue Riverhead Road $1,525,000

12

CONDO

2 Blue Jay Way

$1,355,000

1 Jeffrey Lane

$1,325,000

36 Bonita Road

$1,280,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021


hampton bays

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

PRICE CATEGORY

0

%

SALES TRANSACTIONS

29

%

MEDIAN PRICE

Under $1M

2020 SALES

2021 SALES

% CHANGE

43

41

-5%

$1M - $1.99M

3

6

100%

$2M - $2.99M

2

1

-50%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

48

48

-

$524K

$678K

29%

$30.71M

$37.11M

21%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021

21%

DOLLAR VOLUME

LAND

Sales Transactions

2021

1

8

% CHANGE

700%

Median Price

$220K

$338K

53%

Dollar Volume

$220K

$5.53M

2,415%

CONDO SALES FIRST QUARTER 2020 VS. 2021 CONDO

2020

2021

1

3

% CHANGE

SOLD PRICE

Sales Transactions

20 Penny Lane

$2,518,888

Median Price

$216K

$585K

171%

22 Dewey Lane

$1,800,000

Dollar Volume

$216K

$1.59M

636%

26 Fortune Cookie Lane

$1,715,000

4 Peconic Crescent

$1,460,000

142A Newtown Road

$1,200,000

PROPERTY ADDRESS

13

2020

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

133%

13


southampton

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

16%

SALES TRANSACTIONS

29%

MEDIAN PRICE

16%

DOLLAR VOLUME

TOP 5 HOME SALES Q1 2021

-47%

$1M - $1.99M

10

17

70%

$2M - $2.99M

10

9

-10%

$3M - $4.99M

4

3

-25%

$5M - $9.99M

-

2

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

58

49

-16%

Sales Transactions Median Price Dollar Volume

LAND

Sales Transactions Median Price Dollar Volume

$1.42M

29%

$76.22M

$88.33M

16%

2020

2021

7

5

-29%

$640K

3%

$5.22M

5%

$620K $4.98M

% CHANGE

CONDO SALES FIRST QUARTER 2020 VS. 2021 CONDO

Median Price

15 Lohan Court

$5,000,000

Dollar Volume

165 Edge of Woods Road

$4,800,000

$3,650,000

$895K

LAND SALES FIRST QUARTER 2020 VS. 2021

$9,450,000

16 West Hills Court

% CHANGE

18

21 Fordune Drive

$3,776,250

2021 SALES

34

Sales Transactions

10 Parrish Pond Lane

2020 SALES

Under $1M

SOLD PRICE

PROPERTY ADDRESS

14

PRICE CATEGORY

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

2020

2021

5

3

% CHANGE

-60%

$600K

$775K

29%

$3.09M

$1.55M

-50%


southampton village

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

55

%

SALES TRANSACTIONS

25%

PRICE CATEGORY

DOLLAR VOLUME

TOP 5 HOME SALES Q1 2021

% CHANGE

3

3

-

$1M - $1.99M

4

6

50%

$2M - $2.99M

4

6

50%

$3M - $4.99M

1

8

700%

$5M - $9.99M

1

6

500%

$10M - $19.99M

3

1

-67%

OVER $20M

4

1

-75%

20

31

Sales Transactions Median Price Dollar Volume

55%

$2.48M

$3.10M

25%

$254.6M

$130.12M

-49%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

5

2

-60%

$10M

$2.62M

-74%

$59.4M

$5.23M

-91%

% CHANGE

CONDO SALES FIRST QUARTER 2020 VS. 2021 CONDO

2020

2021

2

4

% CHANGE

SOLD PRICE

Sales Transactions

1384 Meadow Lane

$20,000,000

Median Price

$1.48M

$992K

-33%

150 First Neck Lane

$11,000,000

Dollar Volume

$2.96M

$3.72M

26%

375 Ox Pasture Road

$8,150,000

64 Down East Lane

$7,550,000

143 Meadowmere Lane

$6,750,000

PROPERTY ADDRESS

15

2021 SALES

Under $1M

MEDIAN PRICE

49%

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

100%

15


water mill

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

47

PRICE CATEGORY

%

SALES TRANSACTIONS

11

%

MEDIAN PRICE

66

%

DOLLAR VOLUME

2020 SALES

2021 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

6

3

-50%

$2M - $2.99M

3

7

133%

$3M - $4.99M

3

10

233%

$5M - $9.99M

7

7

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

19

28

47%

Sales Transactions Median Price Dollar Volume

$3.2M

$3.54M

11%

$73.27M

$121.69M

66%

LAND SALES FIRST QUARTER 2020 VS. 2021 2020

2021

2

5

150%

Median Price

$2.12M

$1.7M

-20%

Dollar Volume

$4.25M

$8.62M

103%

LAND

Sales Transactions

% CHANGE

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS 146 Olivers Cove Lane

16

CONDO

2020

2021

1

1

% CHANGE

SOLD PRICE

Sales Transactions

$10,650,000

Median Price

$1.42M

$1.1M

22%

Dollar Volume

$1.42M

$1.11M

22%

1041 Head of Pond Road

$8,650,000

138 Montrose Lane

$8,200,000

167 Montrose Lane

$7,900,000

16 Deer Run

$7,400,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

-


bridgehampton

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

64

%

SALES TRANSACTIONS

136

%

MEDIAN PRICE

197

%

DOLLAR VOLUME

PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

2

2

-

$1M - $1.99M

6

3

-50%

$2M - $2.99M

2

4

100%

$3M - $4.99M

3

7

133%

$5M - $9.99M

-

4

N/A

$10M - $19.99M

1

2

100%

OVER $20M

-

1

N/A

14

23

64%

$1.74M

$4.1M

136%

$39M

$115.91M

197%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

2

2

-

$9.05M

$9.62M

6%

$18.1M

$19.25M

6%

% CHANGE

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

17

SOLD PRICE

51 Sandpiper Lane

$21,000,000

183 Jobs Lane

$13,400,000

162 Jobs Lane

$12,250,000

163 Church Lane

$7,550,000

87 Day Lily Lane

$6,500,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

17


sag harbor

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

14%

SALES TRANSACTIONS

12

%

MEDIAN PRICE

19

%

DOLLAR VOLUME

PRICE CATEGORY

18

$6,350,000

16 Northview Hills Court

$3,600,000

131 Laurel Valley Drive

$3,495,000

1854 Noyac Path

$3,445,000

23 Westwood Drive

$3,200,000

% CHANGE

12

12

-

$1M - $1.99M

15

10

-33%

$2M - $2.99M

5

4

-20%

$3M - $4.99M

2

4

100%

$5M - $9.99M

1

1

-

$10M - $19.99M

1

-

N/A

OVER $20M

-

-

-

36

31

-14%

Sales Transactions Median Price Dollar Volume

$1.2M

$1.34M

12%

$67.51M

$54.68M

-19%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

2020

2021

Sales Transactions

3

3

Median Price

$675K

$730K

8%

Dollar Volume

$1.99M

$3.4M

71%

SOLD PRICE

81 Harbor Drive

2021 SALES

Under $1M

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

% CHANGE -


sag harbor village

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

117

%

SALES TRANSACTIONS

12

%

MEDIAN PRICE

112%

DOLLAR VOLUME

PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

2

-

N/A

$1M - $1.99M

4

12

200%

$2M - $2.99M

2

10

400%

$3M - $4.99M

4

4

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

12

26

117%

Sales Transactions Median Price Dollar Volume

$2.02M

$2.26M

12%

$28.08M

$59.46M

112%

CONDO SALES FIRST QUARTER 2020 VS. 2021 CONDO

Sales Transactions

2020

2021

2

3

% CHANGE

50%

Median Price

$2.58M

$1.1M

-57%

Dollar Volume

$5.15M

$3.17M

-38%

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

19

SOLD PRICE

12 Cornell Road

$4,800,000

9 Amity Street

$3,425,000

18 Glover Street

$3,250,000

9 Bluff Point Lane

$3,118,500

30 Bayview Avenue

$2,995,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

19


north haven

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

33

PRICE CATEGORY

2021 SALES

% CHANGE

Under $1M

-

1

N/A

%

$1M - $1.99M

1

2

100%

$2M - $2.99M

1

2

100%

SALES TRANSACTIONS

$3M - $4.99M

1

2

100%

$5M - $9.99M

2

1

-50%

$10M - $19.99M

1

-

N/A

OVER $20M

-

-

-

Sales Transactions

6

8

33%

49

%

MEDIAN PRICE

Median Price Dollar Volume

39

%

DOLLAR VOLUME

PROPERTY ADDRESS

$5,825,000

22 Oak Drive

$3,785,000

16 Ezekills Hollow

$3,400,000

22 Coves End Lane

$2,650,000

140 Ferry Road

$2,200,000

$2.42M

-49%

$35.67M

$21.62M

-39%

2020

2021

Sales Transactions

-

2

N/A

Median Price

-

$2.49M

N/A

Dollar Volume

-

$4.97M

N/A

LAND

SOLD PRICE

28 Ezekills Hollow

$4.78M

LAND SALES FIRST QUARTER 2020 VS. 2021

TOP 5 HOME SALES Q1 2021

20

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

% CHANGE


shelter island

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

5%

SALES TRANSACTIONS

24

%

MEDIAN PRICE

30%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2020 SALES

2021 SALES

% CHANGE

14

9

-36%

$1M - $1.99M

3

3

-

$2M - $2.99M

1

3

200%

$3M - $4.99M

-

2

N/A

$5M - $9.99M

-

1

N/A

$10M - $19.99M

1

-

N/A

OVER $20M

-

-

-

19

18

-5%

Sales Transactions Median Price Dollar Volume

$819K

$1.01M

24%

$27.15M

$35.31M

30%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

5

4

% CHANGE

-20%

$450K

$468K

4%

$2.97M

$1.72M

-42%

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

21

SOLD PRICE

7 Apple Orchard Lane

$9,100,000

189 Ram Island Drive

$4,995,000

7 Little Ram Island Drive

$3,175,000

140 North Ram Island Drive

$2,681,250

169 Ram Island Drive

$2,580,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

21


sagaponack

HOME SALES FIRST QUARTER 2020 VS. 2021

HOME SALES Q1 2020 VS. 2021

N/A

SALES TRANSACTIONS

N/A

PRICE CATEGORY

-

-

$1M - $1.99M

-

1

N/A

$2M - $2.99M

-

1

N/A

$3M - $4.99M

-

3

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

-

5

N/A

Median Price

-

$3.6M

N/A

Dollar Volume

-

$14.78M

N/A

DOLLAR VOLUME

TOP 5 HOME SALES 2021

22

SOLD PRICE $3,825,000

118 Northwest Path

$3,700,000

10 Forest Crossing

$3,605,000

27 Dawnwood Lane

$2,295,000

156 Merchants Path

$1,350,000

% CHANGE

-

N/A

103 Merchants Path

2021 SALES

Under $1M

MEDIAN PRICE

PROPERTY ADDRESS

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021


sagaponack village

HOME SALES Q1 2020 VS. 2021

100%

SALES TRANSACTIONS

29

%

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

-

-

$3M - $4.99M

1

2

100%

$5M - $9.99M

-

1

N/A

$10M - $19.99M

2

1

-50%

OVER $20M

-

2

N/A

3

6

100%

Sales Transactions Median Price

$12.6M

$8.94M

-29%

Dollar Volume

$33.6M

$75.58M

125%

MEDIAN PRICE

125%

DOLLAR VOLUME

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

23

SOLD PRICE

159 Trees Lane

$26,000,000

610 Sagg Main Street

$22,500,000

515 Parsonage Lane

$10,650,000

2 Town Line Road

$7,230,000

118 Farm Court

$4,800,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

23


wainscott

HOME SALES Q1 2020 VS. 2021

10%

SALES TRANSACTIONS

29 2% %

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

1

-50%

$1M - $1.99M

2

5

150%

$2M - $2.99M

2

3

50%

$3M - $4.99M

3

-

N/A

$5M - $9.99M

-

2

N/A

$10M - $19.99M

1

-

N/A

OVER $20M

-

-

-

10

11

10%

$2.81M

$2M

-29%

$32.92M

$33.55M

2%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

24

SOLD PRICE

141 Sayres Path

$8,225,000

145 Sayres Path

$8,225,000

30 Westwood Road

$2,794,500

4 Glen Oak Court

$2,750,000

1 Oakwood Court

$2,250,000

% CHANGE

2

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

2021 SALES

Under $1M

MEDIAN PRICE

DOLLAR VOLUME

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

2020

2021

4

1

-75%

$2M

$1.55M

-23%

$9.94M

$1.55M

-84%

% CHANGE


east hampton middle

HOME SALES Q1 2020 VS. 2021

8

%

SALES TRANSACTIONS

61%

MEDIAN PRICE

83

%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

Under $1M

2020 SALES

2021 SALES

% CHANGE

30

14

-53%

$1M - $1.99M

9

18

100%

$2M - $2.99M

1

8

700%

$3M - $4.99M

-

3

N/A

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

39

42

8%

$812K

$1.3M

61%

$36.27M

$66.19M

83%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

4

5

% CHANGE

25%

$314K

$500K

59%

$2.99M

$2.79M

-7%

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

25

SOLD PRICE

CONDO

Sales Transactions

19 Osborne Lane

$4,175,000

Median Price

51 Wireless Road

$3,850,000

Dollar Volume

5 Wagon Lane

$3,250,000

52 Indian Hill Road

$2,995,000

3 Sawmill Lane

$2,825,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

2020

2021

5

1

% CHANGE

-80%

$685K

$1.08M

57%

$4.01M

$1.08M

-73%

25


east hampton village

HOME SALES Q1 2020 VS. 2021

50

%

SALES TRANSACTIONS

10%

MEDIAN PRICE

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

2

N/A

$1M - $1.99M

1

4

300%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

4

6

50%

$5M - $9.99M

4

5

25%

$10M - $19.99M

1

1

0%

OVER $20M

1

2

100%

14

21

50%

Sales Transactions Median Price

$43.08M

$4.5M

10%

Dollar Volume

$93.38M

$204.2M

119%

TOP 5 HOME SALES Q1 2021

26

SOLD PRICE $60,000,000

70 Further Lane

$59,500,000

72 Lily Pond Lane

$17,000,000

40 Egypt Close

$7,700,000

2 Pondview Lane

$6,500,000

% CHANGE

-

DOLLAR VOLUME

30 Spaeth Lane

2021 SALES

Under $1M

119%

PROPERTY ADDRESS

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021


east hampton springs

HOME SALES Q1 2020 VS. 2021

14%

SALES TRANSACTIONS

33%

MEDIAN PRICE

6%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

Under $1M

2020 SALES

2021 SALES

% CHANGE

17

13

-24%

$1M - $1.99M

7

8

14%

$2M - $2.99M

3

2

-33%

$3M - $4.99M

-

1

N/A

$5M - $9.99M

1

-

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

29

25

-14%

$750K

$999K

33%

$32.95M

$30.89M

-6%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions Median Price Dollar Volume

2020

2021

4

2

% CHANGE

-50%

$285K

$525K

84%

$1.22M

$1.05M

-14%

TOP 5 HOME SALES Q1 2021

27

PROPERTY ADDRESS

SOLD PRICE

203 Three Mile Harbor HC Rd.

$3,270,000

9 South Pond Road

$2,350,000

21 Westway

$2,000,000

11 Birdie Lane

$1,850,000

16 Three Mile Harbor HC Road

$1,665,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

27


east hampton northwest

HOME SALES Q1 2020 VS. 2021

29%

SALES TRANSACTIONS

46

%

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

Under $1M

-78%

$1M - $1.99M

5

23

360%

$2M - $2.99M

4

12

200%

$3M - $4.99M

3

1

-67%

$5M - $9.99M

1

-

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

31

40

29%

$960K

$1.4M

46%

$49.26M

$67.39M

37%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions

28

167 Springy Banks Road

$2,925,000

34 Hedges Banks Drive

$2,850,000

5 Grape Arbor Lane

$2,850,000

6 Cedar Trail

$2,750,000

2021

1

6

% CHANGE

500%

$400K

$900K

125%

Dollar Volume

$400K

$6.18M

1,446%

SOLD PRICE $3,450,000

2020

Median Price

TOP 5 HOME SALES Q1 2021 9 Old Orchard Lane

% CHANGE

4

DOLLAR VOLUME PROPERTY ADDRESS

2021 SALES

18

MEDIAN PRICE

37%

2020 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021


amagansett

HOME SALES Q1 2020 VS. 2021

25%

SALES TRANSACTIONS

8%

MEDIAN PRICE

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

2020 SALES

2021 SALES

% CHANGE

Under $1M

-

2

N/A

$1M - $1.99M

6

6

-

$2M - $2.99M

4

4

-

$3M - $4.99M

3

6

100%

$5M - $9.99M

2

2

-

$10M - $19.99M

1

-

N/A

OVER $20M

-

-

-

16

20

25%

Sales Transactions Median Price Dollar Volume

$2.44M

$2.25M

-8%

$58.54M

$64.02M

9%

LAND SALES FIRST QUARTER 2020 VS. 2021

9%

DOLLAR VOLUME

2020

2021

1

3

200%

Median Price

$3M

$2M

-33%

Dollar Volume

$3M

$7.92M

164%

LAND

Sales Transactions

% CHANGE

TOP 5 HOME SALES Q1 2021 PROPERTY ADDRESS

29

SOLD PRICE

169 Atlantic Avenue

$9,500,000

242 Marine Blvd

$9,400,000

11 Southwood Court

$4,999,000

74 Hampton Lane

$4,508,000

228 Town Lane

$4,275,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

29


montauk

HOME SALES Q1 2020 VS. 2021

5

%

SALES TRANSACTIONS

40

%

MEDIAN PRICE

28%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2020 VS. 2021 PRICE CATEGORY

Under $1M

2020 SALES

2021 SALES

% CHANGE

7

3

-57%

$1M - $1.99M

12

9

-25%

$2M - $2.99M

-

7

700%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

1

1

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

22

21

-5%

Sales Transactions Median Price Dollar Volume

$1.32M

$1.85M

40%

$36.84M

$47.2M

28%

LAND SALES FIRST QUARTER 2020 VS. 2021 LAND

Sales Transactions

2020

2021

3

3

% CHANGE

-

Median Price

$1.03M

$600K

-42%

Dollar Volume

$7.04M

$1.86M

-74%

CONDO SALES FIRST QUARTER 2020 VS. 2021 TOP 5 HOME SALES Q1 2021 SOLD PRICE

Sales Transactions

221 Old Montauk Highway

$9,750,000

Median Price

261 East Lake Drive

$4,500,000

Dollar Volume

9 Wills Point Road

$2,950,000

42 Second House Road

$2,850,000

43 South Federal Street

$2,500,000

PROPERTY ADDRESS

30

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2020 VS. 2021

2020

2021

3

1

% CHANGE

-67%

$720K

$590K

-18%

$2.09M

$590K

-72%


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HOME SALES Q1 2020 VS. 2021

HOME SALES FIRST QUARTER 2020 VS. 2021

TOP 5 HOME SALES Q1 2021

Copyright 2021. 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 May 14th, 2021.


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