Hamptons Real Estate Market Report - First Quarter 2021 vs. 2022

Page 1

hamptons real estate market report FIRST QUARTER 2022 PUBLISHED MAY 17TH, 2022

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


THE HAMPTONS’ LEADING REAL ESTATE BROKERAGE FIRM

$2.6 BILLION SOLD AND RENTED IN 2021

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 2022 SaundersMarketReport.com 5 ALL HAMPTONS - Q1 YTD 2021 VS. 2022

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

17th, 2022


View Past Market Reports Online At:

www.saundersmarketreport.com


all hamptons TOTAL SALES TRANSACTIONS FIRST QUARTER 2021 VS. 2022 HOME/LAND/CONDO/ COMMERCIAL

Sales Transactions

TOTAL SALES 2021

TOTAL SALES 2022

TOTAL % CHANGE

927

482

-48%

Median Price

$1.34M

$1.6M

20%

Dollar Volume

$2.123B

$1.365B

-51%

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

HOME SALES Q1 2021 VS. 2022

47%

SALES TRANSACTIONS

16%

MEDIAN PRICE

36%

DOLLAR VOLUME

2021 SALES

2022 SALES

% CHANGE

Under $1M

244

117

-52%

$1M - $1.99M

240

127

-47%

$2M - $2.99M

124

67

-46%

$3M - $4.99M

87

45

-48%

$5M - $9.99M

57

33

-42%

$10M - $19.99M

10

11

10%

6

5

-17%

768

405

-47%

Median Price

$1.45M

$1.68M

16%

Dollar Volume

$1.912B

$1.219B

-36%

OVER $20M Sales Transactions

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

99

44

% CHANGE

-56%

$725K

$1.23M

69%

$134.92M

$90.93M

-33%

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO

Sales Transactions Median Price Dollar Volume

2021

2022

40

17

% CHANGE

-58%

$810K

$995K

23%

$33.83M

$22.22M

-34%

TOP 5 HOME SALES IN 2022

COMMERCIAL SALES FIRST QUARTER 2021 VS. 2022

PROPERTY ADDRESS

SOLD PRICE

153 Lily Pond Ln., East Hampton

$84,500,000

COMMERCIAL

7 Fairfield Pond Ln., Sagaponack

$50,000,000

Sales Transactions

325 Bluff Road, Amagansett

$32,000,000

Median Price

82 Wheaton Way, Water Mill

$23,000,000

Dollar Volume

8 Hither Lane, East Hampton

$21,000,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

19

15

% CHANGE

-21%

$1.45M

$1.66M

15%

$41.18M

$31.83M

-23%

5


remsenburg

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

55%

SALES TRANSACTIONS

29

%

MEDIAN PRICE

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

5

3

-40%

$1M - $1.99M

4

2

-50%

$2M - $2.99M

2

-

-100%

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

11

5

-55%

OVER $20M Sales Transactions Median Price Dollar Volume

$1.2M

$850K

-29%

$13.83M

$5.32M

-62%

LAND SALES FIRST QUARTER 2021 VS. 2022

62%

DOLLAR VOLUME

LAND

2021

Sales Transactions

1

-

-100%

Median Price

$800K

-

-100%

Dollar Volume

$800K

-

-100%

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

6

SOLD PRICE

17 Laila Lane

$1,750,000

14 Halsey Road

$1,235,000

80 South Country Road

$850,000

12 Matthews Drive

$836,000

8 Webb Court

$645,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2022

% CHANGE


westhampton

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

32

%

SALES TRANSACTIONS

26%

MEDIAN PRICE

19%

DOLLAR VOLUME

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

9

4

-56%

$1M - $1.99M

8

7

-13%

$2M - $2.99M

2

2

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

19

13

-32%

Sales Transactions Median Price Dollar Volume

$1.05M

$1.33M

26%

$21.97M

$17.76M

-19%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions

2021

4

2022

1

% CHANGE

-75%

Median Price

$850K

$50K

-59%

Dollar Volume

$4.8M

$350K

-93%

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO

TOP 5 HOME SALES 2022

2021

Sales Transactions

26 Brushy Neck Lane

$2,650,000

Median Price

$950K

$962K

1%

23 Fiddler Crab Trail

$2,000,000

Dollar Volume

$5.19M

$1.92M

-63%

33 Seabreeze Avenue

$1,864,000

57 Tanners Neck Lane

$1,750,000

25 Baycrest Avenue

$1,642,500

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2

% CHANGE

SOLD PRICE

PROPERTY ADDRESS

5

2022

-60%

7


village of westhampton beach

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

PRICE CATEGORY

72

%

SALES TRANSACTIONS

61

%

MEDIAN PRICE

67%

DOLLAR VOLUME

2021 SALES

2022 SALES

% CHANGE

Under $1M

7

1

-86%

$1M - $1.99M

8

1

-88%

$2M - $2.99M

5

3

-40%

$3M - $4.99M

4

2

-50%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

25

7

-72%

Sales Transactions Median Price Dollar Volume

$1.8M

$2.9M

61%

$54.28M

$18.08M

-67%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

2

2

-

$938K

$3.4M

263%

$1.88M

$6.81M

263%

% CHANGE

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022 PROPERTY ADDRESS

8

CONDO

SOLD PRICE

Sales Transactions

25 Seafield Lane

$3,795,000

Median Price

22 Aspatuck Road

$3,200,000

Dollar Volume

22 Beach Road

$2,999,000

7 Coxs Curve Road

$2,900,000

167 Oneck Lane

$2,500,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

5

2022

2

% CHANGE

-60%

$832K

$1.1M

1%

$4.65M

$2.19M

-53%


west hampton dunes

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

67%

SALES TRANSACTIONS

118

%

MEDIAN PRICE

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

2

-

-100%

$2M - $2.99M

2

-

-100%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

-

1

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

6

2

-67%

Sales Transactions Median Price Dollar Volume

$2.35M

$5.12M

118%

$14.38M

$10.24M

-29%

29%

DOLLAR VOLUME TOP HOME SALES 2022 PROPERTY ADDRESS

SOLD PRICE

777 Dune Road

$5,750,000

751 Dune Road

$4,495,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

9


quiogue

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

N/A

SALES TRANSACTIONS

17%

MEDIAN PRICE

177%

DOLLAR VOLUME

PRICE CATEGORY

$7,310,000

1 Hobart Lane

$7,000,000

480 Main Street

$1,800,000

10 Jennifers Path

$1,618,000

129 Peters Lane

10

% CHANGE

2

1

-50%

$1M - $1.99M

3

2

-33%

$2M - $2.99M

-

-

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

2

N/A

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

Sales Transactions

5

5

-

Median Price

$1.54M

$1.8M

17%

Dollar Volume

$6.68M

$18.52M

177%

LAND SALES FIRST QUARTER 2021 VS. 2022 2021

2022

1

-

-100%

Median Price

$255K

-

-100%

Dollar Volume

$255K

-

-100%

LAND

Sales Transactions

SOLD PRICE

541 Main Street

2022 SALES

Under $1M

TOP HOME SALES 2022 PROPERTY ADDRESS

2021 SALES

$787,500

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

% CHANGE


quogue village

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

71

%

SALES TRANSACTIONS

168% MEDIAN PRICE

33

%

DOLLAR VOLUME

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

5

-

-100%

$1M - $1.99M

9

2

-78%

$2M - $2.99M

4

1

-75%

$3M - $4.99M

2

1

-50%

$5M - $9.99M

1

2

100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

21

6

-71%

Sales Transactions Median Price

$1.38M

$3.69M

168%

Dollar Volume

$41.5M

$27.7M

-33%

LAND SALES FIRST QUARTER 2021 VS. 2022 2021

2022

1

2

100%

Median Price

$825K

$4.06M

392%

Dollar Volume

$825K

$8.12M

885%

LAND

Sales Transactions

% CHANGE

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO PROPERTY ADDRESS

SOLD PRICE

Sales Transactions

2021

2022

1

1

% CHANGE

-

4 Seascape Lane

$9,750,000

Median Price

$555K

$1.5M

170%

25 Dune Road

$7,800,000

Dollar Volume

$555K

$1.5M

170%

7 Lemuria Lane

$4,425,000

40 Old Meeting House

$2,950,000

65A Montauk Highway

$1,525,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

11


east quogue

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

44%

SALES TRANSACTIONS

17%

MEDIAN PRICE

31%

DOLLAR VOLUME

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

23

10

-57%

$1M - $1.99M

10

7

-30%

$2M - $2.99M

-

2

N/A

$3M - $4.99M

1

-

-100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

34

19

-44%

Sales Transactions Median Price Dollar Volume

$822K

$960K

17%

$32.56M

$22.38M

-31%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

5

5

% CHANGE

-

$425K

$540K

27%

$2.64M

$2.45M

-7%

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022

2021

2022

3

2

-33%

% CHANGE

SOLD PRICE

Sales Transactions

50 Sunset Avenue

$2,525,000

Median Price

$410K

$478K

17%

3 Fox Hollow Drive

$2,000,000

Dollar Volume

$1.21M

$955K

-21%

156 Maggie Drive

$1,800,000

57 Whippoorwill Lane

$1,680,000

33 Peacock Path

$1,675,000

PROPERTY ADDRESS

12

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022


hampton bays

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

PRICE CATEGORY

44

%

SALES TRANSACTIONS

10

%

MEDIAN PRICE

2021 SALES

2022 SALES

% CHANGE

Under $1M

65

37

-43%

$1M - $1.99M

13

6

-54%

$2M - $2.99M

1

1

-

$3M - $4.99M

-

-

-

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

79

44

-44%

$670K

$734K

10%

$61.21M

$37.14M

-39%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2021 VS. 2022

39%

DOLLAR VOLUME

LAND

Sales Transactions Median Price Dollar Volume

2022

10

1

% CHANGE

-90%

$332K

$190K

-43%

$6.19M

$190K

-97%

CONDO SALES FIRST QUARTER 2021 VS. 2022

TOP 5 HOME SALES 2022

CONDO

SOLD PRICE

Sales Transactions

5 Duckwood Court

$2,275,000

Median Price

9 Romana Drive

$1,775,000

Dollar Volume

18 Bettina Court

$1,630,000

324A West Montauk

$1,600,000

69 Red Creek Road

$1,125,000

PROPERTY ADDRESS

2021

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

5

1

% CHANGE

-80%

$585K

$595K

2%

$2.65M

$595K

-78%

13


southampton

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

41%

SALES TRANSACTIONS

17%

MEDIAN PRICE

39%

DOLLAR VOLUME

TOP 5 HOME SALES 2022

2021 SALES

2022 SALES

% CHANGE

Under $1M

31

15

-52%

$1M - $1.99M

28

15

-46%

$2M - $2.99M

10

10

-

$3M - $4.99M

3

4

33%

$5M - $9.99M

3

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

75

44

-41%

Sales Transactions Median Price Dollar Volume

$1.25M

$1.46M

17%

$120.99M

$74.39M

-39%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

8

3

-63%

$750K

17%

$642K $6.83M

$1.82M

% CHANGE

-73%

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO

SOLD PRICE

Sales Transactions

2 Sunninghill Road

$4,650,000

Median Price

35 Wireless Way

$3,700,000

Dollar Volume

16 Southway Drive

$3,450,000

11 Millfarm Lane

$3,224,500

14 Atterbury Road

$2,875,000

PROPERTY ADDRESS

14

PRICE CATEGORY

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

4

4

% CHANGE

-

$662K

$968K

46%

$2.46M

$3.83M

56%


southampton village

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

51

%

SALES TRANSACTIONS

30%

PRICE CATEGORY

DOLLAR VOLUME

2022 SALES

% CHANGE

Under $1M

7

2

-71%

$1M - $1.99M

9

3

-67%

$2M - $2.99M

8

3

-63%

$3M - $4.99M

9

7

-22%

$5M - $9.99M

8

3

-63%

$10M - $19.99M

1

3

200%

OVER $20M

1

-

-100%

43

21

-51%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

32%

2021 SALES

$2.6M

$3.38M

30%

$160.81M

$109.6M

-32%

LAND SALES FIRST QUARTER 2021 VS. 2022 2021

2022

2

2

-

Median Price

$2.62M

$4.8M

84%

Dollar Volume

$5.23M

$9.6M

84%

LAND

Sales Transactions

% CHANGE

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022

CONDO

SOLD PRICE

Sales Transactions

51 Pheasant Lane

$19,250,000

Median Price

64 Down East Lane

$17,000,000

Dollar Volume

535 Ox Pasture Road

$10,100,000

483 Hill Street

$8,600,000

1 Wooley Street

$7,622,500

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

6

3

% CHANGE

-50%

$1.2M

$1.59M

33%

$6.55M

$6.93M

6%

15


water mill

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

71

PRICE CATEGORY

%

SALES TRANSACTIONS

34

%

MEDIAN PRICE

58

%

DOLLAR VOLUME

2021 SALES

2022 SALES

% CHANGE

Under $1M

-

3

N/A

$1M - $1.99M

7

5

-29%

$2M - $2.99M

10

1

-90%

$3M - $4.99M

10

3

-70%

$5M - $9.99M

13

2

-85%

$10M - $19.99M

3

2

-33%

OVER $20M

-

1

N/A

43

17

-71%

Sales Transactions Median Price Dollar Volume

$3.58M

$2.35M

-34%

$203.42M

$85.64M

-58%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

9

2

-78%

$1.7M

$2.28M

34%

$19.37M

$4.56M

-77%

% CHANGE

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022

2021

2022

1

-

-100%

% CHANGE

SOLD PRICE

Sales Transactions

82 Wheaton Way

$23,000,000

Median Price

$1.11M

-

-100%

140 Hayground Cove Road

$13,000,000

Dollar Volume

$1.11M

-

-100%

16 Bay Lane

$11,535,000

16 Deer Run

$7,900,000

1601 Deerfield Road

$6,150,000

PROPERTY ADDRESS

16

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022


bridgehampton

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

62

%

SALES TRANSACTIONS

3

%

MEDIAN PRICE

58

%

DOLLAR VOLUME

PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

2

-

-100%

$1M - $1.99M

8

2

-75%

$2M - $2.99M

6

4

-33%

$3M - $4.99M

7

2

-71%

$5M - $9.99M

8

3

-63%

$10M - $19.99M

2

2

-

OVER $20M

1

-

-100%

34

13

-62%

$3.4M

$3.3M

-3%

$158.65M

$67.25M

-58%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

4

2

-50%

$3.12M

$976K

-69%

$24.47M

$1.95M

-92%

% CHANGE

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

SOLD PRICE

51 Meadowlark Lane

$13,600,000

160 Sandpiper Lane

$11,495,000

100 Trelawney Road

$8,600,000

267 Newlight Lane

$6,995,000

494 Butter Lane

$6,550,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

17


sag harbor

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

38%

SALES TRANSACTIONS

5

%

MEDIAN PRICE

31

%

DOLLAR VOLUME

PRICE CATEGORY

18

$9,400,000

32 Bittersweet Lane

$5,424,000

16 Sag Harbor Court

$5,000,000

2219 Deerfield Road

$3,300,000

143 Northside Drive

$2,950,000

% CHANGE

17

11

-35%

$1M - $1.99M

12

8

-33%

$2M - $2.99M

6

3

-50%

$3M - $4.99M

6

1

-84%

$5M - $9.99M

1

3

200%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

42

26

-38%

Sales Transactions Median Price Dollar Volume

$1.34M

$1.4M

5%

$75.83M

$52.73M

-31%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

2021

2022

% CHANGE

Sales Transactions

3

2

-33%

Median Price

$730K

$709K

-3%

Dollar Volume

$3.4M

$1.42M

SOLD PRICE

31 Clearview Drive

2022 SALES

Under $1M

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

-58%


sag harbor village

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

PRICE CATEGORY

23

%

SALES TRANSACTIONS

21

%

MEDIAN PRICE

16

%

DOLLAR VOLUME

2021 SALES

Under $1M

2022 SALES

% CHANGE

-

2

N/A

$1M - $1.99M

14

12

-14%

$2M - $2.99M

11

5

-55%

$3M - $4.99M

6

4

-33%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

31

24

-23%

Sales Transactions Median Price Dollar Volume

$2.3M

$1.82M

-21%

$71.4M

$59.73M

-16%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

2021

2022

% CHANGE

Sales Transactions

-

1

N/A

Median Price

-

$2.3M

N/A

Dollar Volume

-

$2.3M

N/A

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO

TOP 5 HOME SALES 2022 PROPERTY ADDRESS 241 Main Street

2021

2022

4

1

% CHANGE

SOLD PRICE

Sales Transactions

$12,000,000

Median Price

$1.18M

$3.35M

183%

Dollar Volume

$5.79M

$3.35M

-42%

184 Redwood Road

$4,800,000

10 Montauk Avenue

$3,800,000

11 Amherst Road

$3,300,000

261 Main Street

$3,250,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

-75%

19


north haven

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

N/A

SALES TRANSACTIONS

75

%

MEDIAN PRICE

PRICE CATEGORY

89

DOLLAR VOLUME

60 Forest Road

1

-

$1M - $1.99M

3

3

-

$2M - $2.99M

2

-

-100%

$3M - $4.99M

2

2

-

$5M - $9.99M

1

2

100%

$10M - $19.99M

-

1

N/A

OVER $20M

-

-

-

Sales Transactions

9

9

-

Median Price

LAND

Sales Transactions Median Price Dollar Volume

20

$17,250,000 $7,000,000

36 Sunset Beach Road

$6,200,000

28 Barclay Drive

$4,150,000

36 East Harbor Drive

$3,850,000

$2.2M

$3.85M

75%

$23.05M

$43.54M

89%

LAND SALES FIRST QUARTER 2021 VS. 2022

SOLD PRICE

15 Mashomuck Drive

% CHANGE

1

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

2022 SALES

Under $1M

Dollar Volume

%

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

3

1

-67%

$3.9M

$2.4M

-39%

$11.63M

$2.4M

-79%

% CHANGE


shelter island

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

84%

SALES TRANSACTIONS

6

%

MEDIAN PRICE

84

%

DOLLAR VOLUME

PRICE CATEGORY

Under $1M

2021 SALES

2022 SALES

% CHANGE

12

3

-75%

$1M - $1.99M

5

-

-100%

$2M - $2.99M

4

-

-100%

$3M - $4.99M

3

1

-67%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

25

4

-84%

Sales Transactions Median Price Dollar Volume

$1.05M

$985K

-6%

$46.03M

$7.37M

-84%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

10

4

% CHANGE

-60%

$434K

$520K

20%

$5.02M

$1.72M

-66%

TOP HOME SALES 2022 PROPERTY ADDRESS 16 Margarets Drive

SOLD PRICE $4,500,000

18 Great Circle Drive

$995,000

4 Sleepy Hollow Road

$975,000

42 Brander Parkway

$899,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

21


sagaponack

HOME SALES FIRST QUARTER 2021 VS. 2022

HOME SALES Q1 2021 VS. 2022

100

%

SALES TRANSACTIONS

100%

PRICE CATEGORY

2022 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

1

-

-100%

$2M - $2.99M

2

-

-100%

$3M - $4.99M

3

-

-100%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

6

-

-100%

$3.03M

-

-100%

$17.23M

-

-100%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

100%

DOLLAR VOLUME

22

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022


sagaponack village

HOME SALES Q1 2021 VS. 2022

44%

SALES TRANSACTIONS

21

%

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

DOLLAR VOLUME

2022 SALES

% CHANGE

Under $1M

-

-

-

$1M - $1.99M

-

-

-

$2M - $2.99M

-

1

N/A

$3M - $4.99M

3

1

-67%

$5M - $9.99M

2

2

-

$10M - $19.99M

2

-

-100%

OVER $20M

2

1

-50%

9

5

-44%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

21%

2021 SALES

$7.23M

$8.75M

21%

$95.58M

$75.84M

-21%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

2021

2022

% CHANGE

1

N/A

Sales Transactions

-

Median Price

-

$7.25M

N/A

Dollar Volume

-

$7.25M

N/A

TOP 5 HOME SALES 2022 PROPERTY ADDRESS 7 Fairfield Pond Lane

SOLD PRICE $50,000,000

64 Sandune Court

$9,350,000

35 Davids Court

$8,750,000

363 Bridge Lane

$4,995,000

518 Bridge Lane

$2,750,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

23


wainscott

HOME SALES Q1 2021 VS. 2022

64%

SALES TRANSACTIONS

19 72% %

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

-

-100%

$1M - $1.99M

5

2

-60%

$2M - $2.99M

3

1

-67%

$3M - $4.99M

-

1

N/A

$5M - $9.99M

2

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

11

4

-64%

$2M

$2.38M

19%

$33.55M

$9.32M

-72%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2021 VS. 2022 2021

2022

2

1

-50%

Median Price

$1.32M

$1.4M

6%

Dollar Volume

$2.65M

$1.4M

-47%

LAND

Sales Transactions

24

SOLD PRICE

528 Wainscott NW Road

$3,000,000

11 Sayres Path

$2,940,000

6 Windsor Lane

$1,825,000

12 Rolling Woods Court

$1,550,000

% CHANGE

1

TOP HOME SALES 2022 PROPERTY ADDRESS

2022 SALES

Under $1M

MEDIAN PRICE

DOLLAR VOLUME

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

% CHANGE


east hampton middle

HOME SALES Q1 2021 VS. 2022

27

%

SALES TRANSACTIONS

N/A

MEDIAN PRICE

37

%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

23

15

-35%

$1M - $1.99M

19

16

-16%

$2M - $2.99M

11

10

-9%

$3M - $4.99M

5

2

-60%

$5M - $9.99M

-

-

-

$10M - $19.99M

1

-

-100%

OVER $20M

-

-

-

59

43

-27%

$1.3M

$1.3M

-

$105.98M

$66.89M

-37%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

8

2

% CHANGE

-75%

$656K

$2.36M

260%

$7.99M

$4.73M

-41%

CONDO SALES FIRST QUARTER 2021 VS. 2022 CONDO

TOP 5 HOME SALES 2022 SOLD PRICE

Sales Transactions

216 Bull Path

$4,350,000

Median Price

7 Sulky Circle

$3,295,000

Dollar Volume

15 Anvil Court

$2,700,000

85 Cooper Lane

$2,505,000

36 Ancient Highway

$2,500,000

PROPERTY ADDRESS

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

2

-

-100%

$1.12M

-

-100%

$12.24M

-

-100%

% CHANGE

25


east hampton village

HOME SALES Q1 2021 VS. 2022

69

%

SALES TRANSACTIONS

70%

MEDIAN PRICE

37

%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

26

$84,500,000

8 Hither Lane

$21,000,000

157 Egypt Lane

$10,750,000

95 Egypt Lane

$9,250,000

26 Ruxton Road

$8,200,000

% CHANGE

2

-

-100%

$1M - $1.99M

5

-

-100%

$2M - $2.99M

5

1

-80%

$3M - $4.99M

8

1

-88%

$5M - $9.99M

9

5

-44%

$10M - $19.99M

1

1

-

OVER $20M

2

2

-

32

10

-69%

Sales Transactions Median Price Dollar Volume

$4.4M

$7.48M

70%

$252.74M

$159.66M

-37%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions

2021

2022

1

2

% CHANGE

100%

Median Price

$2.08M

$2.5M

20%

Dollar Volume

$2.08M

$5M

141%

SOLD PRICE

153 Lily Pond Lane

2022 SALES

Under $1M

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022


east hampton springs

HOME SALES Q1 2021 VS. 2022

42%

SALES TRANSACTIONS

28%

MEDIAN PRICE

32%

DOLLAR VOLUME

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

21

5

-76%

$1M - $1.99M

15

14

-7%

$2M - $2.99M

3

5

67%

$3M - $4.99M

1

-

-100%

$5M - $9.99M

1

-

-100%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

41

24

-42%

Sales Transactions Median Price Dollar Volume

$999K

$1.27M

28%

$51.79M

$34.31M

-32%

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

6

4

% CHANGE

-33%

$364K

$802K

121%

$2.38M

$5.68M

138%

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

SOLD PRICE

66 Hog Creek Road

$2,600,000

226 Old Stone Highway

$2,525,000

175 Underwood Drive

$2,400,000

72 Windward

$2,300,000

359 Three Mile Harbor Road

$2,225,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

27


east hampton northwest

HOME SALES Q1 2021 VS. 2022

33%

SALES TRANSACTIONS

32

%

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

Under $1M

-80%

$1M - $1.99M

28

16

-43%

$2M - $2.99M

15

10

-33%

$3M - $4.99M

3

7

133%

$5M - $9.99M

-

-

-

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

51

34

-33%

Sales Transactions Median Price Dollar Volume

LAND

Sales Transactions Median Price Dollar Volume

28

SOLD PRICE $4,700,000

167 Springy Banks Road

$4,237,000

7 Woodpink Drive

$3,795,000

41 Milina Drive

$3,775,000

39 Milina Drive

$3,500,000

$1.55M

$2.05M

32%

$92.18M

$77.22M

-16%

LAND SALES FIRST QUARTER 2021 VS. 2022

TOP 5 HOME SALES 2022 12 Koala Lane

% CHANGE

1

DOLLAR VOLUME PROPERTY ADDRESS

2022 SALES

5

MEDIAN PRICE

16%

2021 SALES

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

11

1

% CHANGE

-91%

$892K

$875K

-2%

$10.07M

$875K

-91%


amagansett

HOME SALES Q1 2021 VS. 2022

52%

SALES TRANSACTIONS

127%

MEDIAN PRICE

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

2021 SALES

2022 SALES

% CHANGE

Under $1M

3

2

-33%

$1M - $1.99M

9

-

-100%

$2M - $2.99M

5

1

-80%

$3M - $4.99M

6

3

-50%

$5M - $9.99M

4

5

25%

$10M - $19.99M

-

1

N/A

OVER $20M

-

1

N/A

27

13

-52%

$2.2M

$5M

127%

$85.61M

$64.63M

11%

Sales Transactions Median Price Dollar Volume

LAND SALES FIRST QUARTER 2021 VS. 2022

11%

DOLLAR VOLUME

LAND

Sales Transactions Median Price Dollar Volume

2021

2022

3

3

% CHANGE

-

$2M

$2.15M

8%

$7.92M

$15.05M

90%

TOP 5 HOME SALES 2022 PROPERTY ADDRESS

SOLD PRICE

325 Bluff Road

$32,000,000

467 Further Lane

$12,500,000

621 Lazy Point Road

$8,865,000

159 Atlantic Avenue

$8,350,000

288 Bluff Road

$7,000,000

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

29


montauk

HOME SALES Q1 2021 VS. 2022

57%

SALES TRANSACTIONS

27%

HOME SALES FIRST QUARTER 2021 VS. 2022 PRICE CATEGORY

Under $1M

DOLLAR VOLUME

2022 SALES

% CHANGE

3

1

-67%

$1M - $1.99M

15

4

-73%

$2M - $2.99M

7

3

-57%

$3M - $4.99M

3

2

-33%

$5M - $9.99M

2

3

50%

$10M - $19.99M

-

-

-

OVER $20M

-

-

-

30

13

-57%

$1.66M

$2.1M

27%

$70.06M

$43.08M

-39%

Sales Transactions Median Price Dollar Volume

MEDIAN PRICE

39%

2021 SALES

LAND SALES FIRST QUARTER 2021 VS. 2022 LAND

Sales Transactions Median Price Dollar Volume

2021

2022

5

2

% CHANGE

-60%

$750K

$3.62M

383%

$8.49M

$7.24M

-15%

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022 SOLD PRICE

Sales Transactions

20 Hamilton Drive

$8,850,000

Median Price

63 Houston Drive

$8,150,000

Dollar Volume

32 Old Montauk Highway

$5,200,000

36 Ditch Plains Road

$4,425,000

40 Ditch Plains Road

$3,000,000

PROPERTY ADDRESS

30

CONDO

HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2021 VS. 2022

2021

2022

4

1

% CHANGE

-75%

$320K

$935K

192%

$1.42M

$935K

-34%


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We are in the process of building-out our innovative national title insurance model and soon will be able to provide title services nationwide....Stay Tuned. In the meantime, as the leading title insurance firm in the Hamptons, we encourage you to contact us for all of your title insurance needs in the Hamptons and in New York State.

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HOME SALES Q1 2021 VS. 2022

HOME SALES FIRST QUARTER 2021 VS. 2022

LAND SALES FIRST QUARTER 2021 VS. 2022

CONDO SALES FIRST QUARTER 2021 VS. 2022 TOP 5 HOME SALES 2022

Copyright 2022. 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 13th, 2022.


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