hamptons real estate market report
ALL HAMPTONS - Q1 2022 VS. 2023
REMSENBURG
WESTHAMPTON
VILLAGE OF WESTHAMPTON BEACH
WEST HAMPTON DUNES
QUIOGUE QUOGUE VILLAGE
EAST QUOGUE
HAMPTON BAYS
SOUTHAMPTON
SOUTHAMPTON VILLAGE
WATER MILL
BRIDGEHAMPTON
SAG HARBOR
SAG HARBOR VILLAGE
NORTH HAVEN
SHELTER ISLAND
SAGAPONACK
SAGAPONACK VILLAGE
WAINSCOTT
EAST HAMPTON MIDDLE
EAST HAMPTON VILLAGE
EAST HAMPTON SPRINGS
EAST HAMPTON NORTHWEST
AMAGANSETT
MONTAUK
5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
published may 17th, 2023 FIRST QUARTER 2023 SaundersMarketReport.com
www.saundersmarketreport.com View Past Market Reports Online At:
TOTAL SALES TRANSACTIONS FIRST QUARTER 2022 VS. 2023
HOME SALES Q1 2022 VS. 2023
SALES TRANSACTIONS 79% MEDIAN PRICE 15% LAND 2022 2023 % CHANGE Sales Transactions 63 20 -68% Median Price $875K $2.3M 163% Dollar Volume $104.57M $53.5M -49% TOP 5 HOME SALES 2023
PROPERTY ADDRESS SOLD PRICE 32 Windmill Lane, East Hampton $77,775,000 51 West End Road, East Hampton $35,000,000 35 Dune Road, Bridgehampton $33,480,000 31Two Mile Hollow Rd, East Hampton $29,000,000 1 Boatmans Lane, Southampton $28,075,000
HOME/LAND/CONDO/ COMMERCIAL TOTAL SALES 2022 TOTAL SALES 2023 TOTAL % CHANGE Sales Transactions 778 175 -78% Median Price $1.55M $1.85M 19% Dollar Volume $2.115B $689.44M -67% COMMERCIAL SALES FIRST QUARTER 2022 VS. 2023 COMMERCIAL 2022 2023 % CHANGE Sales Transactions 29 6 -79% Median Price $1.66M $2M 20% Dollar Volume $55.57M $20.08M -64%
5 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 191 30 -84% $1M - $1.99M 196 43 -78% $2M - $2.99M 101 17 -83% $3M - $4.99M 80 24 -70% $5M - $9.99M 49 14 -71% $10M - $19.99M 21 4 -81% OVER $20M 7 6 -14% Sales Transactions 645 138 -79% Median Price $1.65M $1.9M 15% Dollar Volume $1.899B $602.46M -68%
all hamptons
DOLLAR VOLUME 68% CONDO SALES FIRST QUARTER 2022 VS. 2023 CONDO 2022 2023 % CHANGE Sales Transactions 39 11 -72% Median Price $965K $994K 3% Dollar Volume $50.35M $13.4M -73%
SALES
79%
MEDIAN PRICE 16%
6 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023
TOP HOME SALES
Under $1M 6 1 -83% $1M - $1.99M 6 2 -67% $2M - $2.99M 1 - -100% $3M - $4.99M 1 - -100% $5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 14 3 -79% Median Price $1.37M $1.15M -16% Dollar Volume $20.1M $3.68M -82%
HOME SALES Q1 2022 VS. 2023
2023
TRANSACTIONS
DOLLAR VOLUME 82% remsenburg PROPERTY ADDRESS SOLD PRICE 2 Wisteria Drive $1,575,000 15 Rogers Lane $1,150,000 88 South Country Road $950,000
7 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023
PRICE
DOLLAR VOLUME 48% SALES TRANSACTIONS 67% PROPERTY ADDRESS SOLD PRICE 651 Dune Road $3,400,000 11 Fiddler Crab Trail $3,075,000 25 White Oak Lane $1,750,000 31 South Country Road $1,027,000 25 Columbia Avenue $625,000 westhampton PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 6 1 -83% $1M - $1.99M 7 2 -71% $2M - $2.99M 2 - -100% $3M - $4.99M - 2 N/A $5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 15 5 -67% Median Price $1.32M $1.75M 33% Dollar Volume $19.03M $9.88M -48% CONDO 2022 2023 % CHANGE Sales Transactions 5 1 -80% Median Price $965K $550K -43% Dollar Volume $4.89M $550K -89% LAND 2022 2023 % CHANGE Sales Transactions 2 2Median Price $442K $715K 62% Dollar Volume $885K $1.43M 62%
MEDIAN
33%
8 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALES 2023 SALES TRANSACTIONS 69% MEDIAN PRICE 30% DOLLAR VOLUME 56% PROPERTY ADDRESS SOLD PRICE 121 Jessup Lane $8,100,000 1 Fiske Avenue $5,900,000 83 Beach Road $1,650,000 19 Mitchell Road $1,350,000 village of westhampton beach CONDO 2022 2023 % CHANGE Sales Transactions 2 - -100% Median Price $1.1M - -100% Dollar Volume $2.19M - -100% PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 2 - -100% $1M - $1.99M 1 2 100% $2M - $2.99M 5 - -100% $3M - $4.99M 4 - -100% $5M - $9.99M 1 2 100% $10M - $19.99M - -OVER $20M - -Sales Transactions 13 4 -69% Median Price $2.9M $3.78M 30% Dollar Volume $38.6M $17M -56% LAND 2022 2023 % CHANGE Sales Transactions 2 - -100% Median Price $3.4M - -100% Dollar Volume $6.81M - -100%
HOME SALES FIRST QUARTER 2022 VS. 2023
100%
SALES TRANSACTIONS
MEDIAN PRICE 100%
100%
DOLLAR VOLUME
9 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023
HOME SALES Q1 2022 VS. 2023
dunes PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 1 - -100% $1M - $1.99M 1 - -100% $2M - $2.99M - -$3M - $4.99M 1 - -100% $5M - $9.99M 1 - -100% $10M - $19.99M - -OVER $20M - -Sales Transactions 4 - -100% Median Price $3.01M - -100% Dollar Volume $12.76M - -100%
west hampton
100%
SALES TRANSACTIONS
MEDIAN PRICE 100%
DOLLAR VOLUME 100%
10 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023
quiogue PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 1 - -100% $1M - $1.99M 2 - -100% $2M - $2.99M - -$3M - $4.99M - -$5M - $9.99M 2 - -100% $10M - $19.99M - -OVER $20M - -Sales Transactions 5 - -100% Median Price $1.8M - -100% Dollar Volume $18.52M - -100%
HOME SALES Q1 2022 VS. 2023
89% SALES TRANSACTIONS
MEDIAN PRICE DOLLAR VOLUME
11 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALE 2023
village PROPERTY ADDRESS SOLD PRICE 1 Waters Edge Drive $3,500,000
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M - -$1M - $1.99M 3 - -100% $2M - $2.99M 1 - -100% $3M - $4.99M 1 1$5M - $9.99M 3 - -100% $10M - $19.99M 1 - -100% OVER $20M - -Sales Transactions 9 1 -89% Median Price $4.42M $3.5M -21% Dollar Volume $47.06M $3.5M -93% LAND 2022 2023 % CHANGE Sales Transactions 3 - -100% Median Price $1.8M - -100% Dollar Volume $9.93M - -100% CONDO 2022 2023 % CHANGE Sales Transactions 1 - -100% Median Price $1.5M - -100% Dollar Volume $1.5M - -100%
quogue
93%
21%
MEDIAN PRICE 75% DOLLAR VOLUME
12 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023
PROPERTY ADDRESS SOLD PRICE 47 Shinnecock Road $3,375,000 2 Rosebud Lane $1,915,000 77 Whippoorwill Lane $1,620,000 17 Eisenhower Drive $1,500,000 21 Tarpon Road $1,100,000 78% SALES TRANSACTIONS
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 20 3 -85% $1M - $1.99M 13 4 -69% $2M - $2.99M 3 - -100% $3M - $4.99M 1 1$5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 37 8 -78% Median Price $950K $1.3M 37% Dollar Volume $44.95M $11.09M -75% CONDO 2022 2023 % CHANGE Sales Transactions 2 - -100% Median Price $478K - -100% Dollar Volume $955K - -100% LAND 2022 2023 % CHANGE Sales Transactions 6 - -100% Median Price $470K - -100% Dollar Volume $2.48M - -100%
east quogue
37%
13 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 PROPERTY ADDRESS SOLD PRICE 8B Old North Highway $1,975,000 4 Foxboro Road $1,750,000 2 Tepee Street $1,700,000 9 Hildreth Road $1,300,000 12 Riverdale Drive $999,999 79% SALES TRANSACTIONS PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 61 11 -82% $1M - $1.99M 9 4 56% $2M - $2.99M 2 - -100% $3M - $4.99M - -$5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 72 15 -79% Median Price $734K $778K 6% Dollar Volume $59.57M $14.55M -76% CONDO 2022 2023 % CHANGE Sales Transactions 2 1 -50% Median Price $672K $737K 10% Dollar Volume $1.34M $737K -45% LAND 2022 2023 % CHANGE Sales Transactions 3 - -100% Median Price $250K - -100% Dollar Volume $1.09M - -100% 6% MEDIAN PRICE 76%
VOLUME
DOLLAR
14 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 southampton PROPERTY ADDRESS SOLD PRICE 425 North Main Street $9,711,392 5 Middle Pond Lane $4,600,000 17 White Oak Lane $4,473,200 118 Henry Road $3,600,000 241 Edge of Woods Road $3,150,000 72% 78% SALES TRANSACTIONS DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 22 5 -77% $1M - $1.99M 23 4 -83% $2M - $2.99M 13 1 -92% $3M - $4.99M 7 4 -43% $5M - $9.99M 1 1$10M - $19.99M 1 - -100% OVER $20M - -Sales Transactions 67 15 -78% Median Price $1.57M $1.7M 8% Dollar Volume $135.13M $38.21M -72% CONDO 2022 2023 % CHANGE Sales Transactions 8 1 -88% Median Price $970K $994K 3% Dollar Volume $7.66M $994K -87% 8% MEDIAN PRICE LAND 2022 2023 % CHANGE Sales Transactions 6 1 -83% Median Price $513K $734K 43% Dollar Volume $3.1M $734K -76%
15 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 southampton village PROPERTY ADDRESS SOLD PRICE 1 Boatmans Lane $28,075,000 11 Bellows Court $7,650,000 1211 Meadow Lane $7,500,000 243 Toylsome Lane $6,775,000 320 Hill Street $3,950,000
69% SALES TRANSACTIONS 5% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 4 1 -75% $1M - $1.99M 6 2 -67% $2M - $2.99M 4 2 -50% $3M - $4.99M 8 1 -88% $5M - $9.99M 5 3 -40% $10M - $19.99M 5 - -100% OVER $20M - 1 N/A Sales Transactions 32 10 -69% Median Price $3.28M $3.42M 5% Dollar Volume $159.82M $63.53M -60% LAND 2022 2023 % CHANGE Sales Transactions 2 - -100% Median Price $4.8M - -100% Dollar Volume $9.6M - -100% CONDO 2022 2023 % CHANGE Sales Transactions 7 1 -86% Median Price $2.38M $2.5M 5% Dollar Volume $16.09M $2.5M -85%
60%
16 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 PROPERTY ADDRESS SOLD PRICE 535 Flying Point Road $17,000,000 31 Morrison Lane $15,250,000 553 Flying Point Road $8,000,000 9 Farrell Court $7,850,000 94 Lower 7 Ponds Road $3,750,000 57% 70% SALES TRANSACTIONS 90% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 3 - -100% $1M - $1.99M 5 1 -80% $2M - $2.99M 5 2 -60% $3M - $4.99M 6 1 -83% $5M - $9.99M 3 2 -33% $10M - $19.99M 4 2 -50% OVER $20M 1 - -100% Sales Transactions 27 8 -70% Median Price $3.05M $5.8M 90% Dollar Volume $138.37M $59.2M -57% LAND 2022 2023 % CHANGE Sales Transactions 4 1 -75% Median Price $1.69M $6.2M 267% Dollar Volume $7.88M $6.2M -21%
63%
77% SALES TRANSACTIONS 39% MEDIAN PRICE DOLLAR VOLUME
17 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 CONDO 2022 2023 % CHANGE Sales Transactions 1 - -100% Median Price $845K - -100% Dollar Volume $845K - -100% bridgehampton PROPERTY ADDRESS SOLD PRICE 35 Dune Road $33,480,000 9 Kellis Way $5,600,000 25 Bridge Hill Lane $3,650,000 3 Fair Hills Lane $2,200,000 610 Lumber Lane $1,900,000
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 2 - -100% $1M - $1.99M 4 3 -25% $2M - $2.99M 7 1 -86% $3M - $4.99M 8 1 -88% $5M - $9.99M 6 1 -83% $10M - $19.99M 3 - -100% OVER $20M - 1 N/A Sales Transactions 30 7 -77% Median Price $3.58M $2.2M -39% Dollar Volume $133.76M $50.21M -63% LAND 2022 2023 % CHANGE Sales Transactions 2 7 250% Median Price $976K $2.7M 177% Dollar Volume $1.95M $23.75M 1,117%
18 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 PROPERTY ADDRESS SOLD PRICE 24 Crescent Street $5,995,000 23 Fourteen Hills Court $5,955,000 2762 Noyack Road $1,700,000 6 Dogwood Street $1,587,500 16 Shady Cove Lane $1,275,000 76% 81% SALES TRANSACTIONS 9% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 13 3 -77% $1M - $1.99M 19 3 -84% $2M - $2.99M 5 - -100% $3M - $4.99M 2 - -100% $5M - $9.99M 3 2 -33% $10M - $19.99M - -OVER $20M - -Sales Transactions 42 8 -81% Median Price $1.31M $1.43M 9% Dollar Volume $77.14M $18.8M -76% LAND 2022 2023 % CHANGE Sales Transactions 3 1 -67% Median Price $485K $5M 931% Dollar Volume $1.9M $5M 163%
19 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 PROPERTY ADDRESS SOLD PRICE 52 Glover Street $5,900,000 244 Redwood Road $2,000,000 33 Atlantic Avenue $1,500,000 66 Hillside Drive East $1,425,000 161 Jermain Avenue $1,250,000 85% 21% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 3 - -100% $1M - $1.99M 16 3 -81% $2M - $2.99M 6 1 -83% $3M - $4.99M 7 - -100% $5M - $9.99M - 1 N/A $10M - $19.99M 1 - -100% OVER $20M - -Sales Transactions 33 5 -85% Median Price $1.9M $1.5M -21% Dollar Volume $80.66M $12.08M -85% 85% SALES TRANSACTIONS CONDO 2022 2023 % CHANGE Sales Transactions 3 2 -33% Median Price $2.82M $2.03M -28% Dollar Volume $8.82M $4.06M -54% LAND 2022 2023 % CHANGE Sales Transactions 1 - -100% Median Price $2.3M - -100% Dollar Volume $2.3M - -100%
20 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALES 2023 PROPERTY ADDRESS SOLD PRICE 18 South Harbor Drive $3,650,000 36 Woodland Drive $2,950,000 166 Ferry Road $1,250,000 90% SALES TRANSACTIONS 26% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 1 - -100% $1M - $1.99M 4 1 -75% $2M - $2.99M 1 1$3M - $4.99M 3 1 -67% $5M - $9.99M 3 - -100% $10M - $19.99M 2 - -100% OVER $20M - -Sales Transactions 14 3 -79% Median Price $4M $2.95M -26% Dollar Volume $75.06M $7.85M -90% LAND 2022 2023 % CHANGE Sales Transactions 1 - -100% Median Price $2.4M - -100% Dollar Volume $2.4M - -100% 79%
21 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALE 2023 PROPERTY ADDRESS SOLD PRICE 9 Fox Hollow Run $1,930,500
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 4 - -100% $1M - $1.99M 3 1 -67% $2M - $2.99M - -$3M - $4.99M 2 - -100% $5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 9 1 -89% Median Price $1.22M $1.93M 58% Dollar Volume $16.58M $1.93M -88% LAND 2022 2023 % CHANGE Sales Transactions 5 - -100% Median Price $410K - -100% Dollar Volume $2.06M - -100% 89%
88% SALES TRANSACTIONS 58% MEDIAN PRICE DOLLAR VOLUME
SALES TRANSACTIONS 90% 50%
95%
22 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES
Q1 2022 VS. 2023
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M - 1 N/A $1M - $1.99M - -$2M - $2.99M - -$3M - $4.99M 2 - -100% $5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 2 1 -50% Median Price $4.19M $428K -90% Dollar Volume $8.38M $428K -95%
MEDIAN PRICE DOLLAR VOLUME
TOP HOME SALE 2023 PROPERTY ADDRESS SOLD PRICE 187 Merchants Path $428,000
80% SALES TRANSACTIONS
95%
58% MEDIAN PRICE DOLLAR VOLUME
23 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023
HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALE 2023
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M - -$1M - $1.99M - -$2M - $2.99M 1 - -100% $3M - $4.99M 1 1$5M - $9.99M 2 - -100% $10M - $19.99M - -OVER $20M 1 - -100% Sales Transactions 5 1 -80% Median Price $8.75M $3.7M -58% Dollar Volume $75.84M $3.7M -95% PROPERTY ADDRESS SOLD PRICE 198 Wainscott Harbor Road $3,700,000 LAND 2022 2023 % CHANGE Sales Transactions 1 1Median Price $7.25M $1.82M -75% Dollar Volume $7.25M $1.82M -75%
24 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALE 2023
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M - -$1M - $1.99M 3 - -100% $2M - $2.99M 3 1 -67% $3M - $4.99M 2 - -100% $5M - $9.99M 1 - -100% $10M - $19.99M - -OVER $20M - -Sales Transactions 9 1 -89% Median Price $2.47M $2.2M -11% Dollar Volume $25.53M $2.2M -91% PROPERTY ADDRESS SOLD PRICE 24 Roxbury Lane $2,200,000 LAND 2022 2023 % CHANGE Sales Transactions 2 1 -50% Median Price $1.16M $7.1M 513% Dollar Volume $2.32M $7.1M 207%
SALES
91% 11% MEDIAN PRICE DOLLAR VOLUME
89%
TRANSACTIONS
25 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023
PROPERTY ADDRESS SOLD PRICE 81 Skimhampton Road $5,000,000 23 Spring Close Highway $4,625,000 42 Edwards Avenue $3,499,000 46 Cedar Street $3,450,000 40 Edwards Avenue $3,375,000 64% 70% SALES TRANSACTIONS MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 20 2 -90% $1M - $1.99M 23 3 -87% $2M - $2.99M 11 4 -64% $3M - $4.99M 2 7 250% $5M - $9.99M - 1$10M - $19.99M - -OVER $20M 1 - -100% Sales Transactions 57 17 -70% Median Price $1.3M $2.5M 93% Dollar Volume $119.13M $43.51M -64% CONDO 2022 2023 % CHANGE Sales Transactions 1 1Median Price $244K $1.32M 443% Dollar Volume $244K $1.32M 443% LAND 2022 2023 % CHANGE Sales Transactions 2 2Median Price $2.36M $495K -79% Dollar Volume $4.73M $990K -79% 93%
east hampton middle
26 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023
PROPERTY ADDRESS SOLD PRICE 32 Windmill Lane $77,775,000 51 West End Road $35,000,000 31 Two Mile Hollow Road $29,000,000 19 Hook Pond Lane $26,000,000 26 Windmill Lane $13,725,000 10% 40% SALES TRANSACTIONS 121% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M - -$1M - $1.99M 1 - -100% $2M - $2.99M 2 2$3M - $4.99M 3 1 -67% $5M - $9.99M 6 1 -83% $10M - $19.99M 1 1OVER $20M 2 4 100% Sales Transactions 15 9 -40% Median Price $6.2M $13.72M 121% Dollar Volume $180.95M $199.38M 10% LAND 2022 2023 % CHANGE Sales Transactions 2 1 -50% Median Price $2.5M $5.75M 130% Dollar Volume $5M $5.75M 15%
east hampton village
27 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 east hampton springs PROPERTY ADDRESS SOLD PRICE 11 Lincoln Avenue $1,550,000 10 Rutland Road $1,350,000 78 Sycamore Drive $1,150,000 36 Sandra Road $1,100,000 31 8th Street $990,243 87% 85% SALES TRANSACTIONS 6% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 12 2 -83% $1M - $1.99M 19 4 -79% $2M - $2.99M 7 - -100% $3M - $4.99M 1 - -100% $5M - $9.99M - -$10M - $19.99M - -OVER $20M - -Sales Transactions 39 6 -85% Median Price $1.2M $1.12M -6% Dollar Volume $54.85M $6.95M -87% LAND 2022 2023 % CHANGE Sales Transactions 5 1 -80% Median Price $679K $62K -91% Dollar Volume $5.93M $62K -99%
28 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 PROPERTY ADDRESS SOLD PRICE 24 North Bay Lane $4,000,000 2 Jodys Path $3,100,100 212 Treescape Drive $2,500,000 34 Rivers Road $1,652,000 17 Milina Drive $1,360,000 east hampton northwest 87% SALES TRANSACTIONS 1% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 4 - -100% $1M - $1.99M 19 3 -84% $2M - $2.99M 13 1 -92% $3M - $4.99M 10 2 -80% $5M - $9.99M 1 - -100% $10M - $19.99M - -OVER $20M - -Sales Transactions 47 6 -87% Median Price $2.09M $2.08M -1% Dollar Volume $108.88M $13.96M -87% LAND 2022 2023 % CHANGE Sales Transactions 4 - -100% Median Price $476K - -100% Dollar Volume $1.98M - -100% 87%
29 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALES 2023 amagansett PROPERTY ADDRESS SOLD PRICE 76 Gardiner Drive $3,235,000 55 Bay View Avenue $2,225,000 97% 92%
39%
PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 3 - -100% $1M - $1.99M 2 - -100% $2M - $2.99M 2 1 -50% $3M - $4.99M 5 1 -80% $5M - $9.99M 7 - -100% $10M - $19.99M 3 - -100% OVER $20M 2 - -100% Sales Transactions 24 2 -92% Median Price $4.45M $2.73M -39% Dollar Volume $181.53M $5.46M -97% LAND 2022 2023 % CHANGE Sales Transactions 3 1 -67% Median Price $2.15M $265K -88% Dollar Volume $15.05M $265K -98%
SALES TRANSACTIONS
MEDIAN PRICE DOLLAR VOLUME
30 HAMPTONS REAL ESTATE MARKET REPORT, FIRST QUARTER 2022 VS. 2023 HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 TOP HOME SALES 2023 montauk PROPERTY ADDRESS SOLD PRICE 216 Old Montauk Highway $14,000,000 57 South Delrey Road $1,365,000 77% 92% SALES TRANSACTIONS 284% MEDIAN PRICE DOLLAR VOLUME PRICE CATEGORY 2022 SALES 2023 SALES % CHANGE Under $1M 3 - -100% $1M - $1.99M 7 1 -86% $2M - $2.99M 7 - -100% $3M - $4.99M 3 - -100% $5M - $9.99M 4 - -100% $10M - $19.99M - 1 N/A OVER $20M - -Sales Transactions 24 2 -92% Median Price $2M $7.68M 284% Dollar Volume $66.68M $15.56M -77% CONDO 2022 2023 % CHANGE Sales Transactions 7 4 -43% Median Price $675K $488K -28% Dollar Volume $5.8M $3.24M -44% LAND 2022 2023 % CHANGE Sales Transactions 4 1 -75% Median Price $1.59M $400K -75% Dollar Volume $9.94M $400K -96%
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HOME SALES FIRST QUARTER 2022 VS. 2023 HOME SALES Q1 2022 VS. 2023 TOP 5 HOME SALES 2023 LAND SALES FIRST QUARTER 2022 VS. 2023 CONDO SALES FIRST QUARTER 2022 VS. 2023 Copyright 2023. 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, 2023.
